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PSA: 10 poorest PHL towns are found in Basilan, Sulu

THE 10 poorest municipalities nationwide, with poverty incidence rates of above 64 percent, may be found in Basilan and Sulu, according the Philippine Statistics Authorities (PSA). Based on the latest Small Area Estimates (SAE) for 2021, some 1.4 percent of the 1,612 cities and municipalities nationwide had poverty incidences ranging… ....

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Foreign direct investments inflows down 25.4% to $429M in May —BSP

Foreign direct investments (FDI) continued to yield net inflows in May, albeit lower compared to the same period last year as concerns on new COVID-19 variants dampened investment activities, data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed. ....

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