Factory output slowed in December due to weak manufacturing of transport equipment, computer, electronic, optical products and basic metals, the Philippine Statistics Authority (PSA) reported. In the Monthly Integrated Survey of Selected Industries (MISSI) released on Thursday, Feb. 9, the...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Increase in consumer prices further accelerated in January, defying all expectations that it had peaked last December, as food prices remained elevated coupled with costlier utilities and housing rentals, the Philippine Statistics (PSA) reported. Headline inflation accelerated further to 8.7...
Hocheng Philippines Corporation (HCG), a total bathroom solutions provider, has renewed its power supply agreement with First Gen Corporation of the Lopez group. The new lease on their contract entails that HCG will continue to draw its 850-kilowatt power requirements from the geothermal assets of...
There’s still plenty of gas left in the tank for Hidilyn Diaz. More than a year since giving the Philippines its first gold medal in the Olympics, the Filipina weightlifter hasn’t slowed down yet and reached another milestone in her storied career. Hidilyn Diaz will be honored with her third...
The Philippine Statistics Authority (PSA) has reported that the agency has printed over 50 million physical and digital versions of the Philippine Identification (PhilID). PSA Undersecretary Dennis S. Mapa said that out of 50,262,059, about 30,558,332 were PhilIDs - of which, 23,256,884 are...
Joint venture firm SN Aboitiz Power (SNAP) has inked power supply agreements (PSAs) for the procurement of electric capacity from power plants owned by PetroGreen Energy Corporation (PGEC) and PetroSolar Corporation (PSC) of the Yuchengco group. In a statement to the media, SNAP indicated that the...
GUUN Co. Ltd., a Japanese waste management and recycling company, has signed a power supply deal with First Gen Corporation so it can draw its energy needs from a clean technology source. In a statement to the media, First Gen specified that GUUN’s switch to renewable energy will support its...
The 13th division of the Court of Appeals (CA) has granted the petition for writ of preliminary injunction (WPI) lodged by South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings of the San Miguel group, that will continually suspend the implementation of its power supply...
Richard Bachmann on Tuesday, Jan. 31, laid down plans to answer the immediate needs of athletes following his first month as chairman of the Philippine Sports Commission (PSC). PSC Chairman Richard Bachmann stressed he is there to serve athletes. (File Photo) Among those plans are enhancing the...
The third quarter 2022 Gross Domestic Product (GDP) growth rate was maintained at 7.6-percent. However, changes were observed in all industries except public administration and defense; compulsory social activities. The major contributors were: real estate and ownership of dwellings, from 3.1...
Philippine sports’ cream of the crop who made 2022 a truly memorable one for the country crowd each other out in a tight race for the Athlete of the Year honor of the Philippine Sportswriters Association (PSA). Olympic gold medalist Hidilyn Diaz, world-ranked pole vaulter EJ Obiena, two-time...
