Factory output improves in uphill climb —PSA By Chino S. Leyco Factory output continued to grow, but at a much slower pace in April due to strong production of textiles, the Philippine Statistics Authority (PSA) reported Thursday, June 9, In its Monthly Integrated Survey of Selected...
PH trade deficit widens further in April By Chino S. Leyco Trade deficit widened last April as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, the Philippine Statistics Authority (PSA) reported on Thursday, June 9. The PSA said the country’s trade...
A VENDOR wearing a face shield sells vegetables in a market in Iloilo City. (Tara Yap) ILOILO CITY – Prices of basic goods in Western Visayas soared anew as the inflation rate in the region went up to 5.9 percent last May. The Philippine Statistics Authority (PSA) said that the inflation rate for...
Terra Solar Philippines Inc., which is an affiliate firm of Razon-led firm Prime Infrastructure Holdings Inc., will pursue utility-scale solar power projects of up to 3,500 megawatts with coupling of battery energy storage system (BESS) in the magnitude of 4,000 to 4,500-megawatt hours (MWh) to...
The Department of Energy (DOE) is requiring "indivisibility" or "no competing supply contract" for the capacity generation that qualified bidders will be offering in the government's Green Energy Auction Program (GEAP) slated this June 17. According to Energy Assistant Secretary Redentor Delola,...
The rate of increase in consumer prices accelerated to a fresh three-year high in May as the worsening inflationary pressures globally continued to eat into Filipinos’ purchasing power. The Philippine Statistic Authority (PSA) reported on Tuesday, June 7, that headline inflation jumped to 5.4...
Philippine Olympic Committee (POC) President Bambol Tolentino said he is asking the incoming 19th Congress to pass a law that will allow all stakeholders to prioritize athletes when it comes to major sporting events. Tolentino, who is also Tagaytay City representative, said this would ease the...
(PSA) The Philippine Statistics Authority (PSA) has partnered with the National Commission on Indigenous Peoples (NCIP) to ensure the inclusion of indigenous communities in the Philippine Identification system (PhilSys). PSA and NCIP have entered into a memorandum of agreement (MOA) as part of the...
(PSA) Over 10 million Filipinos nationwide have received their Philippine Identification (PhilID) cards, said the Philippine Statistics Authority (PSA). As of April 30, PSA has delivered 10,548,906 Philippine Identification (PhilID) cards to Filipinos who have successfully registered for the...
Approved foreign investments dropped by half in the first three-months of the year despite improving economic condition amid the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report, total foreign investments declined 54 percent to P8.98 billion...
The country's trade deficit ballooned further in March as Philippines imported more goods from its trading partners, outpacing the growth in exports of local products following the reopening of the domestic economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on...
Unemployment rate fell to a new record-low since the start of the pandemic as the majority of the country shifted to the least stringent alert level beginning March, the Philippine Statistics Authority (PSA) reported. Data from the PSA showed on Friday, May 6, that the country’s jobless rate...