Vice President Sara Duterte on Monday, April 13, emphasized the urgency of addressing the literacy crisis in the Philippines, calling on Filipino families to strengthen reading habits as the country marks Buwan ng Panitikang Filipino. In a video message, Duterte described literature not merely as...
BACOLOD CITY – The Negros Island Region (NIR) posted the lowest inflation rate in the country at 1.5 percent in March, the Philippine Statistics Authority (PSA) reported Friday. Inflation rose from 0.7 percent in February and 0.8 percent in January, bringing the first-quarter average to one...
The jump in the March inflation rate has set the stage for a potential 50-basis-point (bp) rate hike by the Bangko Sentral ng Pilipinas (BSP) during the second quarter, according to global investment banking giant Goldman Sachs. In an April 7 report obtained by Manila Bulletin, Goldman Sachs...
To shield the Philippine labor market from the fallout of the Middle East conflict, the Marcos Jr. administration is ramping up job protection measures—a move that could further improve the country’s employment rate following February’s gains. Department of Economy, Planning, and Development...
With March inflation exceeding the Bangko Sentral ng Pilipinas ’ (BSP) forecast, largely due to spillover from global oil price and supply shocks, the central bank warned that a prolonged crisis could seep into the broader consumer basket. This could dampen expectations of a near-term return to...
Domestic manufacturing activity posted notable gains in February, before the war in the Middle East began, according to the Philippine Statistics Authority’s (PSA) latest monthly integrated survey of selected industries (MISSI). The February MISSI report released on Tuesday, April 7, showed the...
The peso’s purchasing power hit another record low in March as the price shock wrought by the war in the Middle East further eroded Filipinos’ ability to spend the local currency. The latest data from the Philippine Statistics Authority (PSA), released on Tuesday, April 7, showed that the...
Headline inflation, or annual price increases, soared to a 20-month high of 4.1 percent in March, as the war in the Middle East fueled skyrocketing oil prices. National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis S. Mapa told a press briefing on Tuesday, April 7, that...
Tennis star Alex Eala and the Filipinas football team continued setting new milestones, while gymnast Eldrew Yulo started to make his mark in seniors play to headline a stellar campaign for Philippine bets in the last two months. Eala fueled her rise to a career-high 29 in the WTA rankings in...
Country’s rice stockpiles expanded in March compared with a year earlier, driven by the recovery in government-held reserves and steady gains in household holdings, according to the latest data from the Philippine Statistics Agency (PSA). Total rice inventory stood at 1.88 million metric tons as...
The global oil price and supply shock caused by the war in the Middle East may reverse early 2026 gains by Philippine exporters, according to think tank Oxford Economics. In a report on Monday, March 30, Oxford Economics senior economist Sheana Yue said that while Asian goods exports started 2026...
