service sector

Fastest Growing PH Region 2024: Central Visayas

Backed by a thriving tourism industry that stimulated consumer spending, Central Visayas (Region VII) solidified its status as the nation's top-performing regional economy in 2024, recording an impressive 7.3% GDP expansion. Recent data from the Philippine Statistics Authority (PSA) confirms this growth rate leads all 18 Philippine regions, exceeding both the national average (5.7%) and […]