Respectable growth

Quick Summary:

The economy is doing well despite the global turbulence stirred by excessive US tariffs.

The Trabaho Para sa Bayan (TPB) Plan 2025-2034, spearheaded by the Department of Economy, Planning and Development (DEPDev, formerly Neda) and the Department of Labor and Employment (DOLE), has established clear benchmarks for enhancing job quality, inclusivity and labor productivity by 2028 and 2034.

Based the country’s current growth trajectory—and barring significant external shocks—the Philippine GDP may grow to a $2-trillion economy by 2050, per Secretary Balisacan’s estimate.

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Article Details

Author / Journalist: Mark Villar

Category: BusinessStartups

Markets: Philippines

Topics: Opinion Column

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 16:02:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 783 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28682163

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 36 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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