Only around 27 percent of establishments with 20 or more workers implemented a work-from-home (WFH) arrangement during the pandemic period of 2021 to 2022, according to the Philippine Statistics Authority (PSA). Based on the Integrated Survey on Labor and Employment, a total of 9,822 out of 36,342...
Prices of most agricultural commodities posted a decline during the last week of June, according to a report from the Philippine Statistics Authority (PSA). Based on its national price situationer for the second phase of June, the PSA reported that four agricultural goods declined during the period...
Private sector economists expect June inflation to be close to the higher end of the government's target range of manageable consumer price hikes. Dutch bank ING projected an above-target headline rate of 4.1 percent year-on-year for June, from the 3.9 percent posted in May. The Philippine...
The Philippines’ total savings rose to P6.60 trillion in 2023, breaching the pre-pandemic record, data from the Philippine Statistics Authority (PSA) showed. The PSA’s latest consolidated accounts and income and outlay accounts report released on Thursday showed the country’s 2023 gross...
Approved building permits rose 12.8 percent in April from a year ago as more residential and non-residential projects were started. A report from the Philippine Statistics Authority (PSA) showed that construction starts, measured by building permit approvals, totaled 13,332 during the month, an...
Senator Sherwin Gatchalian has called for an investigation into the proliferation of fake birth certificates which allow unscrupulous individuals to evade immigration laws and perpetrate crimes. Gatchalian made the call noting how many persons, including foreign nationals secure...
The country posted the highest growth in the tourism sector last year despite coming from the pandemic period, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the share of tourism direct gross value added to the economy, as measured by the gross domestic product...
The cost of construction materials in Metro Manila increased at a slower pace in May, the Philippine Statistics Authority (PSA) reported. The annual growth rate of the construction materials retail price index (CMRPI) dropped to 1.0 percent in May 2024 from 1.2 percent in April and 2.6 percent in...
The Philippine Statistics Authority (PSA) reported that rice and corn production is expected to decrease in the third quarter of this year. As of May, palay or rice production is estimated to drop by 8.4 percent to 3.89 million metric tons between April and June from 4.25 million MT in the same...
Digital National IDs, like their physical counterparts, should also be accepted by public, government, and private institutions as valid and sufficient proof of identity, the Philippine Statistics Authority (PSA) stressed. The PSA reminded, however, that institutions may also verify the...
A surge in imports led to the country’s trade deficit reaching its highest level since November last year, preliminary data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report released on Tuesday, June 11, the gap in the trade balance, or the difference between the...
President Marcos’ economic czar has urged those still awaiting the delivery of their physical National ID cards to try the digital ID option and prepare to be impressed. During a launch event on Monday, June 10, Special Adviser to the President for Investment and Economic Affairs Secretary...
