The Philippine Statistics Authority (PSA) has asked the Office of the Solicitor General (OSG) to move for the cancellation of over 1,500 registered birth certificates that were suspected to be fraudulently acquired by foreigners. Solicitor General Menardo I. Guevarra on Tuesday, Nov. 26, confirmed...
Domestic trade decreased in the third quarter, with both the quantity and value of goods traded showing double-digit declines, data from the Philippine Statistics Authority (PSA) showed on Friday, Nov. 22. According to the PSA, the total value of domestic trade from July to September 2024 dropped...
The proportion of child laborers in the country increased significantly in 2023, with more than half of working Filipino children engaged in hazardous or excessive work, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report published on Thursday, Nov. 21, 62 percent of...
The Philippines posted a surge in foreign investment in the third quarter of 2024, reflecting growing confidence in the country's manufacturing sector and overall economic prospects. The Philippine Statistics Authority (PSA) reported that the total approved foreign investments (FI) reached P146.75...
ILOILO CITY – The inflation rate in Western Visayas region for October went up by 0.5 percent to 3.9 percent from 3.4 percent in September. The Philippine Statistics Authority (PSA)-6 attributed this to higher prices of food and non-alcoholic beverages. A vegetable vendor in Iloilo City. (Tara...
After narrowing in August, the country's trade deficit widened again in September as exports fell sharply while imports continued to rise, the Philippine Statistics Authority (PSA) reported. PSA data showed the trade balance—the difference between exports and imports—increased to a...
The National Economic and Development Authority (NEDA) remains confident that the government can still achieve its full-year growth target despite a slowdown in gross domestic product (GDP) growth in the third quarter of 2024. In a briefing on Thursday, Nov. 7, the Philippine Statistics Authority...
While imports picked up from its August decline, exports and factory output continued declining to a two-month low mainly due to seasonal demand shifts, the Philippine Statistics Authority (PSA) reported Wednesday, Nov. 6. Total exports in September 2024 were valued at $5.96 billion, showing an 8.9...
By Derco Rosal More Filipinos found jobs in September, but many were not placed in full-time positions, leading to a notable increase in underemployment. “Of course, because of the holiday season, more [people] want to work,” National Statistician and Philippine Statistics Authority (PSA)...
By Derco Rosal The country's inflation rate rose to 2.3 percent from September’s four-year low of 1.9 percent due to soaring rice prices which jumped following recent calamities including Severe Tropical Storm (STS) Kristine and Super Typhoon Leon. October's inflation pushed the 10-month...
By DERCO ROSAL Construction activity in the country declined in August due to reduction in residential and commercial building projects, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the number of constructions based on approved building permits fell by 7.5...
The Philippine Statistics Authority (PSA) said the estimated palay production may decline in the third quarter, while corn output is expected to increase. Based on the PSA’s latest production estimates for the July to September 2024 quarter palay production is expected to fall by 12 percent to...
