News Update
News Highlights
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In 2023, Ferdinand "Bongbon" Romualdez Marcos Jr. will have one of the most successful first year presidencies of a newly elected Philippine president.
Consider the following:
Under BBM,our economy has been unusually strong, with a 2023 growth rate of close to 6 percent (probably 5.8 percent), the highest in the ASEAN region. The Philippines will again show the highest growth in ASEAN during 2024. Congrats, Finance Secretary Benjamin Diokno, the head of BBM's economic team. Learn more
The Philippine Statistics Authority's announcement that the country achieved a 7.7 percent growth in gross domestic product (GDP) in 2022 affirms that, despite high inflation rates, the economy is on track in regaining its pre-Covid pandemic footing. This improves on the 5.7 percent growth in 2021 after the steep decline of -9.52 percent in 2020, in which three quarters of quarantine and lockdown pushed the economy into recession. It is also the highest GDP growth recorded since 1976.Learn more
Company News
Magical Northern Lights First Anniversary Dinner and NBCP Awards The Nordic Business Council of the Philippines, Inc. (NBCP) is a Filipino registered non-stock, non-profit organization that promotes and facilitates trade, commerce, industry, and investment between the Philippines and the Nordic (Denmark, Finland, Iceland, Norway, Sweden) and Baltic (Estonia, Latvia, Lithuania) countries.
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