I am always flattered when I meet people well-established in their respective professions (those in their 40s to 60s) who tell me that they learned their basic economics from the textbooks I wrote in the 1970s and 1980s for both high school and college students, especially in private schools. The...
Factory-gate price growth slowed slightly in April from a three-year high reached the previous month, although manufacturing costs remained elevated amid lingering energy-related pressures stemming from the prolonged war in the Middle East. The Philippine Statistics Authority (PSA) reported on...
DAVAO CITY – The Philippine Statistics Authority-11 reported that the inflation rate in the Davao region accelerated sharply to 8.9 percent in April from 5.9 percent in March. The PSA-11 said the regional inflation rate exceeded the national inflation rate of 7.2 percent recorded during the same...
Tourism contributed 8.1 percent to the Philippine economy in 2025, although the industry’s direct contribution to economic output slightly declined from a year ago, according to the Philippine Statistics Authority (PSA). The PSA reported on Thursday, May 28, that tourism direct gross value added...
The Philippines is expected to remain a major supplier of caregivers, nurses, and domestic workers to aging economies in the Asia-Pacific region, although state-run policy think tank Philippine Institute for Development Studies (PIDS) warned that Filipina migrant workers continue to face precarious...
The value and volume of domestic trade in the Philippines declined sharply in the first quarter of 2026 as escalating Middle East tensions toward the end of the quarter heightened prices and contributed to supply shortages, especially of fuel used to transport goods across the country. The latest...
Electricity subsidies remain necessary to help vulnerable households and remote communities access power, but the Philippine government needs to improve targeting mechanisms to reduce leakages and ensure long-term sustainability, according to experts at a recent webinar organized by state-run...
The Philippines’ swine population contracted by 1.5 percent in the first quarter to reach its lowest level since 1994, as the local hog sector continues to reel from the impact of African swine fever (ASF). Preliminary data from the Philippine Statistics Authority (PSA) showed that the...
The Philippine government has asked the World Bank to restructure and partially cancel over $2.34 million in unused proceeds from a Duterte-era loan supporting the country’s flagship Pantawid Pamilyang Pilipino Program (4Ps), even as the Washington-based multilateral lender cited the project’s...
A free online module is now being offered to aspiring individuals who want to learn more about sports through scientific and technical approaches. MILO unveiled its second version of HOME COURT, which aims to teach the youngsters the basics of the country’s most popular sport, basketball, in...
MALASIQUI, Pangasinan – Inflation rates in Pangasinan and La Union accelerated sharply in April, rising to 7.4 percent and 7.5 percent, respectively, from 3.7 percent and 4.1 percent in March, according to the Philippine Statistics Authority (PSA)-Ilocos Regional Office. During a forum on...
Foreign investment approvals by the country’s investment promotion agencies (IPAs) surged by more than half in the first quarter of 2026, although overall approved investments—including Filipino-led projects—declined sharply during the period, according to the Philippine Statistics Authority...
