Malacañang is expecting more livelihoods for Filipinos to be generated as approved foreign investments jumped in 2021 amid improving economic conditions despite the pandemic. People flock to Ilaya in Binondo, Manila to shop, with the National Capital Region enjoying the benefits of easing of...
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...
As a result of the ongoing COVID-19 pandemic, the Philippines’ ocean economy declined by 32.6 percent, recording a gross value added (GVA) of P617.20 billion in 2020 from P916.31 billion in 2019, data from the Philippine Statistics Authority (PSA) showed. Accounting for 3.4 percent of the...
The country’s total agricultural trade reached $5.93 billion during the third quarter of this year, increasing at an annual rate of 14.8 percent amid the continuously increasing imports. Data from the Philippine Statistics Authority (PSA) showed that during the third quarter of 2021, agricultural...
The unemployment rate in the Philippines continues to decrease as it recorded its third lowest for the year following the gradual improvement in the country's pandemic situation, the Department of Labor and Employment (DOLE) said. (Photo courtesy of the DPWH) Citing the latest Labor Force Survey of...
Amid the continuous entry of imported chicken into the country and the threat of local raisers to cut their production, the Philippines' chicken output during the first nine months of the year went down by 1.4 percent to 425,890 metric tons (MT) liveweight. Data from the Philippine Statistics...
The government will distribute direct cash assistance of P5,000 to as many as 59,125 farmers in Nueva Ecija to be funded from the excess rice import tariff collection under the Rice Competitiveness Enhancement Fund (RCEF). The Department of Agriculture (DA) formally launched this week RCEF’s Rice...
The Department of Agriculture (DA) has already given up on its ambitious growth target of 2 percent for the agriculture sector, but it has remained hopeful that the sector could still pull off a growth of at least below 1 percent following four consecutive quarters of decline. 44673 In a briefing,...
The output of the country’s agriculture sector has declined further during the third quarter of the year after almost all sub-sectors, mainly livestock and crops, suffered from lower output from July to September. But Agriculture Secretary William Dar said the Philippine government will "work...
The Department of Labor and Employment (DOLE) believes that the increase in the number of unemployed Filipinos in September was only a "temporary setback" towards a continued and sustained recovery of the labor market. (FILE PHOTO / MANILA BULLETIN) Based on the latest Philippine Statistics...
The country's bangus production is seen increasing this year with the support of government to increase the efficiency and production capacity of state-run hatcheries. Bureau of Fisheries and Aquatic Resources (BFAR) National Director Eduardo Gongona said the country is on the right track to...
House Deputy Speaker and Antique Rep. Loren Legarda has batted for stronger government measures to address the mental health issues of Filipinos during the pandemic even as suicide rate in the country has been brought to an unprecedented increase. Sen. Loren Legarda Legarda, a three-time senator,...