It 's a grand slam year for Philippine baseball. While pushing for a stronger grassroots development program, the Philippine Amateur Baseball Association is gearing up for a series of international competitions, exposures and hosting for members of the national team. “It’s a very busy...
The wholesale prices of rice eased slightly in May compared to the previous month, but remained higher on a year-on-year basis, according to the Philippine Statistics Authority (PSA). The latest preliminary PSA data showed that the national average wholesale price of regular-milled rice declined by...
Local unemployment rate stood at 4.7 percent in April, the highest jobless rate for April rounds of the government’s labor force surveys (LFS) since the 5.7 percent recorded in April 2022, with agriculture and wholesale and retail trade shedding the most jobs. National Statistician Claire Dennis...
Gymnastics golden boy Carlos Yulo, fighter Rolando Dy and young weightlifter Albert Ian Delos Santos led the efforts in making it a festive month of May for Philippine sports. Yulo returned to France, the site of his historic double feat in the 2024 Olympics, to deliver a dazzling performance in...
The Philippines’ trade deficit could widen further in the coming months as export growth loses momentum while imports continue to surge, increasing the economy’s vulnerability to external shocks, Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC) warned. “Looking ahead, the divergence...
The country’s total rice inventory expanded in May as private-sector holdings buffered declines in government-run warehouses and household reserves, data from the Philippine Statistics Authority (PSA) showed on Friday, June 5. Data from the PSA showed that total rice stocks rose 2.2 percent to...
British banking giant Barclays now expects the Bangko Sentral ng Pilipinas (BSP) to deliver just one more interest rate hike this month before eventually returning to monetary policy easing, after inflation in May slowed more than anticipated. In a report obtained by Manila Bulletin,...
The inflation rate in May eased slightly to 6.8 percent from the more-than-three-year high of 7.2 percent recorded in April, although it remained well above the government’s two- to four-percent target range for manageable annual price increases. Last month’s headline rate nonetheless surged...
Factory output growth accelerated in April despite the prolonged war in the Middle East, as stronger production in petroleum, electronics, and food manufacturing helped offset external headwinds. The latest preliminary results of the monthly integrated survey of selected industries (MISSI) ...
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...
