Approved foreign investments jumped last year amid improving economic condition despite the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report on Tuesday, Feb. 15, total foreign investments reached P192.34 billion from January to December last...
Malacañang is optimistic that the country's employment situation will improve in the coming months as more Filipinos are expected to return to work with the easing of quarantine restrictions and the reopening of economic activities. People flock to Ilaya in Binondo, Manila to shop, with the...
The number of jobless Filipinos slightly inched up in the final month of last year, largely due to a larger labor force participation, according to the Philippine Statistics Authority (PSA). Based on the December 2021 Labor Force Survey released on Thursday, Feb. 10, the PSA said that unemployed...
The Philippine economy will receive a boost from increased foreign investments as a result of the newly-amended 1936 Public Service Act (PSA). House Committee on Economic Affairs Chairperson AAMBIS-OWA Party-list Rep. Sharon Garin made this assurance as she noted that the law now allows up to 100...
Mathematicians, actuaries, and statisticians are the highest-paid occupations in the country, the latest survey by the Philippine Statistics Authority (PSA) revealed. Based the 2020 Occupational Wages Survey (OWS) released by the PSA on Wednesday, Feb. 9, these three professions in insurance,...
Photo from FIBA Gilas Pilipinas could play without the presence of fans for its campaign in the Group A of the FIBA World Cup Asian Qualifiers later this month at the Smart Araneta Coliseum. Samahang Basketbol ng Pilipinas executive director Sonny Barrios said the Quezon City government nixed the...
The Philippine factory output recovered last year with both volume and value of production posting double-digit growth versus 2020, the Philippine Statistics Authority (PSA) reported. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA reported Tuesday, Feb. 8, that the...
Gilas Pilipinas coach Chot Reyes Gilas Pilipinas coach Chot Reyes is not ruling out the possibility of adding some players for the upcoming Group A window of the FIBA World Cup Asian Qualifiers at the Smart Araneta Coliseum. Reyes didn’t specify if the possible inclusions will come from the PBA,...
Philracom chairman Reli De Leon The Philippine Racing Commission (Philracom) has lined up several projects for this year that include more big races, exhibits and the first-ever Hall of Fame. The programs stemmed from Philracom’s optimistic outlook after bouncing back in 2021 with bigger sales...
Listed firm Solar Philippines Nueva Ecija Corporation (SPNEC) has inked a 10-year power supply agreement (PSA) with Angeles Electric Corporation (AEC), a privately owned power distribution company that is touted to be the third biggest in Luzon grid. According to SPNEC, it will supply 97.8 megawatt...
Consumer prices rose at a slower pace in January brought about by milder costs of household utilities as well as restaurants and accommodation services. The Philippine Statistics Authority (PSA) reported on Friday, Feb. 4., that the headline inflation went down to 3.0 percent in January 2022 from...
The bid of South Premiere Power Corporation, a subsidiary of SMC Global Power, has been declared the "winning offer" in the 170-megawatt supply procurement of Manila Electric Company (Meralco) that will satiate its peaking power needs especially during the summer months. According to the third...
