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January 31, 2024
The Marcos administration missed its growth objective of 6 to 7 percent last year as increased interest rates brought about by the high level of inflation reduc
January 31, 2024
MANILA (AFP) – The Philippines economy grew slightly quicker than expected last year, data showed yesterday, even as it was hit by high food prices and weakness in overseas markets. The 5.6 per cent expansion was well down from the 7.6 per cent seen in 2022 but beat the 5.5 per cent estimated in a […]
January 9, 2024
The unemployment rate in the Philippines fell from 4.2 per cent in October 2023 to 3.6 per cent in November, the lowest since April 2005, the Philippine Statistics Authority (PSA) said on Tuesday.At a news conference, PSA head Dennis Mapa said ...
December 22, 2023
MANILA (XINHUA) – The poverty incidence among the Philippine population declined to 22.4 per cent during the first half of 2023 from 23.7 per cent in the same period in 2021, the Philippine Statistics Authority (PSA) said yesterday. PSA head Dennis Mapa said there were 25.24 million Filipinos whose per capita income is insufficient to […]
December 7, 2023
MANILA, Dec. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 4.2 percent in October from 4.5 percent in September, the lowest
December 5, 2023
The Philippine Statistics Authority (PSA) on Tuesday said that year-on-year inflation in the country further eased to 4.1 per cent in November, the lowest since March 2022, mainly due to lower food prices.The November inflation rate, down from ...
November 19, 2023
THE Senate Committee on Finance adopted Senator Sherwin T. Gatchalianโs proposal to increase the budget for the implementation of the Functional Literacy, Education and Mass Media Survey (FLEMMS), a nationwide household-based poll of data on basic and functional literacy rates and educational skills. Under its committee report on the proposed…
November 9, 2023
TOKYO -- SoftBank Group Corp. on Thursday announced a net loss of 1.41 trillion yen (9.3 billion U.S. dollars) in the first half of fiscal 2023, or th.....
November 7, 2023
Inflation in the Philippines eased to 4.9 percent in October from 6.1 percent in September, mainly due to lower food prices, the Philippine Statistics.....
October 26, 2023
The Philippines ocean economy grew 21.1 percent in 2022, posting a gross value added (GVA) of 857.74 billion pesos (about 15.12 billion U.S. dollars) .....