Martial arts aces led by Carlos Baylon Jr. of wushu took the cudgels for Philippine sports in April. Baylon delivered a breakout performance in the IWUF 10th Sanda World Cup in Jiangyin, China, where he anchored a one-gold, two-bronze haul for the country. Competing in the men’s 56 kg class,...
Philippine manufacturing output slightly recovered from the steeper 1.5 percent decline in February, registered a softer 0.2 percent dip in March, and elevated the country’s production performance in the first quarter. According to the Philippine Statistics Authority (PSA), the volume of...
The value of the country’s agriculture and fisheries output recovered in the first quarter of the year, driven by higher production in nearly all subsectors, signaling the sector’s steady recovery from the impact of severe weather disturbances last year. Based on data from the Philippine...
Robust government spending ahead of the May 12 elections likely sped up economic growth in the first quarter, despite private consumption largely being in wait-and-see mode as Filipinos save up, according to the research arm of global financial giant Deutsche Bank. In a May 3 report received by...
A Department of Education (DepEd) official highlighted the positive outcomes of the 2024 Functional Literacy, Education, and Mass Media Survey (FLEMMS), despite the introduction of stricter standards. Undersecretary for Strategic Management Ronald Mendoza explained that the latest FLEMMS survey...
Singapore-based DBS Bank Ltd. expects a "resilient" first-quarter economic growth for the Philippines amid easing domestic inflation, despite global uncertainties wrought by the United States ' (US) tariff spree. In a May 5 report, DBS Group Research chief economist Taimur Baig and senior...
A staggering 18.9 million Filipinos are considered not functional literate, or who cannot compute and comprehend, a trend which is very alarming, according to Senator Sherwin Gatchalian. Sen. Sherwin Gatchalian, chairman of the Senate Committee on Basic Education, underscores the importance...
Chinese imports to the Philippines and Philippine exports to the United States (US) surged in the first quarter, amid escalating trade tensions between Washington and Beijing that threaten to disrupt the global economy. The latest preliminary Philippine Statistics Authority (PSA) data on Wednesday,...
Factory gate prices accelerated at a slower pace in March 2025, due to the slowdown in the price hike for computer, electronic, and optical products, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA revealed that the producer price index (PPI), which reflects...
While the Philippine digital economy expanded to ₱2.25 trillion in 2024, it grew by only 7.6 percent, marking its slowest growth in four years after contracting during the pandemic. Of the country’s gross domestic product (GDP), the share of the digital economy also shrank slightly to 8.5...
DAVAO CITY – Economic growth in the Bangsamoro Autonomous Region in Muslim Mindanao dropped 1.3 percent from four percent in 2023 to 2.7 percent in 2024, the Philippine Statistics Authority (PSA) said. THE KCC Mall under construction in Cotabato City. (Keith Bacongco) PSA-BARMM Regional...
The National Economic and Development Authority (NEDA) Board chaired by President Marcos has approved the rollout of the Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) project which is an upgrade of the current food stamp program of the government. The approval...
