The government's chief economic manager said the Philippines is on the brink of realizing President Marcos' goal of slashing the unemployment rate to a low single digit by the end of his term. In a statement, Finance Secretary Benjamin E. Diokno said that the President's aim to lower the...
President Marcos has expressed confidence that the Philippines will have a promising future following reports of the country's inflation rate dropping last month. President Ferdinand 'Bongbong' Marcos Jr. (Bongbong Marcos/Facebook) Marcos said this as he welcomed the report that the country's...
The country had fewer unemployed persons in October this year at 4.2 percent or 2.9 million individuals, according to a report by the Philippine Statistics Authority (PSA). This was significantly lower than the 4.5 percent recorded in the same month last year, and 4.8 percent in July this year. It...
BUTUAN CITY – The Police Regional Office-13 reported on Wednesday that the crime rate in the Caraga region went down by 30 percent due to a strengthened and aggressive anti-crime campaign. PRO-13 Director Police Brig. Gen. Kirby John B. Kraft said index and non-index crimes in Caraga dropped by...
(MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda has placed a spotlight on the access and supply of rice after overall inflation in the country eased forthe month of November. According to the Philippine Statistics Authority (PSA), the inflation...
House Speaker Martin Romualdez (Facebook) This coming new year will be "brighter and more prosperous", according to House Speaker Martin Romualdez. At least that's how he feels after looking at the country’s inflation rate for November, which slowed...
Metro Manila’s Covid-19 Weekly Positivity Rate (OCTA Research Fellow Dr. Guido David / X) The seven-day positivity rate of Covid-19 in Metro Manila increased to 10.2 percent on Dec. 3, from 7 percent on Nov. 26, the OCTA Research said on Tuesday, Dec. 5. OCTA Research Fellow Dr. Guido David said...
CEBU CITY – The Department of Labor and Employment reported a decrease in the unemployment rate in Central Visayas this year. DOLE-7 Director Lilia Estillore said that the unemployment rate in Region 7 decreased from 5.8 percent in 2022 to 5.2 percent in 2023. Estillore said the unemployment...
CAGAYAN DE ORO CITY – The city council here passed proposed Resolution No. 2023-542 during its regular session on Tuesday, November 28, requesting the Cagayan de Oro City Water District (COWD) to defer its proposed 60 percent water rate increase in the next three years. Councilor Joyleen Mercedes...
Factory gate prices posted an annual decrease of 0.3 percent in October this year, the Philippine Statistics Authority (PSA) reported Wednesday, Nov. 29. This was a reversal of the 7.3 percent of the producer price index (PPI) growth recorded in the same month a year earlier and slightly faster...
The Philippines' employment situation is "very bright," a Cabinet official said. (Photo courtesy of PCO) Finance Secretary Benjamin Diokno said Filipinos are in a better position to weather inflation citing the lower unemployment rate in the country, which he labeled as very bright. “Iyong...
Short-term benchmark interest rates sharply dropped anew, now below the local policy rate of 6.50 percent. At the Bureau of the Treasury auction on Tuesday, Nov. 28, the national government fully awarded its P10 billion offering. Total demand reached P72.215 billion, more than seven times higher...
