The country’s ocean economy grew to ₱1.08 trillion in 2025 from ₱1.02 trillion in 2024, despite a decline in the share of ocean-based activities in the country’s gross domestic product (GDP). The Philippine Statistics Authority (PSA) reported on Thursday, July 23, that the ocean economy...
It is no consolation to be told that inflation is easing to less than seven percent in July of 2026. Even six percent is still three times the two percent or less annual inflation target that the Bangko Sentral ng Pilipinas (BSP)Bank should be aiming for. What is more concerning is that food...
The number of working Filipino children, including child laborers, ages five to 17, inched up by 0.8 percent to about 868,540 in 2025, the Philippine Statistics Authority (PSA) revealed. Economists attributed the increase mainly to persistent poverty, higher living costs, and the lingering economic...
President Marcos has extended the Civil Registration and Vital Statistics (CRVS) Decade in the Philippines until 2030, Malacañang said. Through Proclamation No. 1339, the President extended the implementation of the CRVS Decade, originally scheduled to end in 2024. The move, Malacañang said,...
The wholesale prices of rice maintained their downward trajectory in June, although certain areas such as the Davao region are seeing higher rice prices than the national average, according to the Philippine Statistics Authority (PSA). The PSA said the national average wholesale price of...
Tennis darling Alex Eala sizzled on the grass courts to show the way as Philippine athletes ended the first half of 2026 with a bang. Planting the seeds for more milestones to come at an even bigger stage, Eala won her second WTA 125 title at the Birmingham Open, slew giants in world No.2 Elena...
Malacañang has attributed the rise in the country 's unemployment rate in May to the global oil crisis stemming from the conflict in the Middle East, saying the government had anticipated the impact and continues to roll out interventions to help affected workers. Presidential Communications...
Jobless Filipinos increased in number by nearly half a million to 2.5 million in May from 2.03 million a year ago, driven largely by employment losses in the agriculture and forestry sectors as weather-related disruptions, including El Niño, weighed on opportunities. National Statistician Claire...
Factory output growth slightly eased in May as transport equipment and food production slowed while chemical output declined at a faster pace, according to the Philippine Statistics Authority (PSA). In its latest monthly integrated survey of selected industries (MISSI) report on Tuesday, July 7,...
Inflation, or year-on-year consumer price increases, slowed slightly to 6.4 percent in June as gas prices eased, even as the headline rate continued to be much higher compared with year-ago levels. National Statistician Claire Dennis S. Mapa noted during a press briefing on Tuesday, July 7, that...
The country’s rice inventory rose by nearly five percent to 2.35 million metric tons (MT) in June, with commercial stocks expanding on the back of higher rice shipments in recent months, according to the Philippine Statistics Authority (PSA). In a report, the PSA said the country’s total rice...
Factory gate prices accelerated further in May, bucking the easing in consumer inflation as higher manufacturing costs reached their fastest pace in more than three years, driven mainly by the electronics industry. The latest preliminary Philippine Statistics Authority (PSA) data on Tuesday, June...
