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The Manila Times (April 19, 2018)

The Department of Trade and Industry (DTI) expects the Philippine coffee sector to grow substantially as the government aims to increase its sufficiency level from the current 41.6 percent to 161 percent by 2022 under an industry plan signed last year. 

In a statement on Wednesday, Trade Secretary Ramon Lopez said his agency was working with the Department of Agriculture (DA) to ensure that the industry would be on a par with top coffee producers Brazil, Vietnam, Columbia, Indonesia, and Honduras.

Business Mirror (April 18, 2018)

The Department of Trade and Industry (DTI) vowed to prioritize coffee producers in the government’s assistance for small businesses to accelerate their production in the next four years. 

Trade Secretary Ramon M. Lopez said the government remains firm on its commitment to make the country on a par with the world’s top coffee producers, such as Brazil, Vietnam, Columbia, Indonesia and Honduras. He added the DTI and Department of Agriculture are “working closely” to achieve the objectives of the Philippine Coffee Industry Roadmap 2017-2022 a year after it was signed by President Duterte.

The Manila Times (April 12, 2018)

Philippine economic growth has hit a “golden age”, the Asian Development Bank (ADB) said on Wednesday, driven by domestic demand that will be bolstered by government spending on infrastructure. 

“The Philippine economic growth in 2017 was very strong.” ADB Country Director Kelly Bird said at the launch of the multilateral lender’s 2018 Asian Development Outlook.

Manila Bulletine (April 18, 2018)

The Philippine property sector is poised for another stellar year in 2018. With the promising demand for flexible workspaces and the growth of residential and similar markets – further boosted by the current administration’s “Build, Build, Build” agenda – the industry is foreseen to retain its stability, continuing its unstoppable momentum.

The Manila Times (April 11, 2018)

Electronics exports rose by 10.8 percent to $2.62 billion in January, an industry group said, accounting for half of the country’s total outbound merchandise shipments. 

The result — an improvement from $2.36 billion a year earlier — comprised 50.2 percent of the $5.22 billion in total exports for 2017, the Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) said.

INQUIRER.NET (April 13, 2018)

The World Bank sees the Philippine economy growing by 6.7 percent this year and next, similar to the pace of expansion last year, amid expectations of strong growth prospects across the region. 

In its East Asia and Pacific Economic Update April 2018 report titled “Enhancing Potential” released on Thursday, the World Bank kept its growth forecasts for the Philippines for 2018 and 2019 while projecting a slightly slower 6.6-percent expansion in 2020.