The Philippine Statistics Authority reported on Thursday, May 09, that the local economy, as measured by its gross domestic product (GDP), slowed to 5.7 percent in the first quarter of the year. This growth fell short of the government’s target band of 6.0 percent to 7.0 percent this year and was...
The country’s trade deficit narrowed in March this year as both exports and imports contracted, data from the Philippine Statistics Authority showed. The gap in the trade balance, which is the difference between the value of export and import, reached $3.18 billion in March, down by 36.6 percent...
The farm output growth has weakened in the first quarter of this year, primarily due to the decline in crop production, especially in palay cultivation, the Philippine Statistics Authority (PSA) said. Based on the PSA report released on Wednesday, May 8, the total value of agricultural and...
The scorching heat discouraged many job seekers, especially in the agriculture sector, leading to an increase in the number of unemployed Filipinos. The Philippine Statistics Authority (PSA) on Wednesday, May 8, reported that the number of jobless Filipinos rose to two million in March this year...
The inflation rate, or the rate of increase in prices of goods and services, inched up to 3.8 percent in April, as rice prices declined after a three-month surge, the Philippine Statistics Authority (PSA) reported Tuesday, May 7. This figure was a bit higher than the 3.7 percent recorded previously...
The Tuesday session, May 7, of the Philippine Sportswriters Association (PSA) Forum is going to be as hot as the summer as top officials of the Samahang Basketbol ng Pilipinas (SBP) and Samahang Weightlifting ng Pilipinas (SWP) together with the three lifters who qualified to the Paris Olympics...
BAGUIO CITY – The employment rate remains high in the Cordillera region, according to the Philippine Statistics Authority. The PSA said the region has an employment rate of 96.7 percent as of January 2024, higher than the national employment rate of 95.5 percent. On the other hand, the...
Across regions, Metro Manila had the highest reported cases of work-related diseases and injuries in 2021, the Philippine Statistics Authority (PSA) reported. Based on the PSA report released on Friday, May 3, more than half, or 52.5 percent of the total work-related disease cases were reported in...
CALAPAN CITY, Oriental Mindoro – The Philippine Statistics Authority (PSA) reported that the Mimaropa region (Oriental Mindoro, Occidental Mindoro, Marinduque, Romblon, and Palawan) registered a 4.7 percent growth and its economy was valued at P411.4 billion in 2023. LENI Rioflorido (third from...
Out of the total number of Filipinos who registered for the National ID system, more than half have already received their physical cards, leaving 35.94 million citizens still waiting. As of April 12, 2024, about 50.06 million Philippine identification (PhilID) cards have been delivered...
ILOILO CITY – The Philippines Statistics Authority announced that the Gross Domestic Regional Product (GRDP) of Western Visayas in 2023 was worth more than P1 trillion. THE skyline of Iloilo City, the regional capital of Iloilo City. (Tara Yap) Nelida Amolar, PSA-6 officer-in-charge, said this...
The growth of the country's digital economy slowed down last year despite surpassing the P2 trillion mark, the Philippine Statistics Authority (PSA) reported. The gross value added of the digital economy amounted to P2.05 trillion from January to December 2023, a 7.7 percent increase compared to...
