THE country's creative economy grew by 8.7 percent to P1.94 trillion last year, the Philippine Statistics Authority (PSA) reported on Thursday, but growth slowed for a second straight year. While down from 9.9 percent in 2023 and 13.3 percent a year earlier, the sector continued to expand for a fourth straight year following a 9.0-percent contraction in 2020 when the Covid-19 pandemic started, PSA data showed. As a percentage of gross domestic product (GDP), meanwhile, the creative economy has still not returned to the pre-pandemic level of 7.5 percent: the latest 7.3-percent ratio was unchanged from 2023 and was also lower than the 7.4 percent recorded during the pandemic years.   https://www.manilatimes.net/2025/03/21/business/top-business/creative-economy-growth-slows-anew/2077206     (ICE SINGAPORE)

Fonte notizia: The Manila Times, 21 March 2025