The Philippine Statistics Authority (PSA) announced an upward revision of first-quarter economic growth from 5.7 percent to 5.8 percent. According to the PSA, key factors contributing to the revision included: Financial and insurance activities, which increased from 10.0 percent to 10.3 percent;...
The number of unemployed Filipinos decreased by 30 percent to 1.62 million in June from 2.33 million in the same month last year. According to the Philippine Statistics Authority (PSA), the number of jobless individuals in June also decreased from 2.11 million in May 2024. This decline led to...
Local communist groups seem to target students who are shy but smart. Sen. Ronald “Bato” Dela Rose (Senate PRIB Photo) Sen. Ronald “Bato” Dela Rosa pointed this out during the continuation of the Senate Committee on Public Order and Dangerous Drugs hearing on the issue. Aside...
The local stock market ended flat despite some early bargain-hunting after the announcement of the July inflation numbers. The main index shed 1.49 points, or 0.02 percent, to close at 6,433.24, with sectoral indices evenly split. Volume dipped to 419 million shares worth P5.12 billion. Losers...
President Ferdinand R. Marcos Jr. graces the 61st founding anniversary of the Special Forces Regiment (Airborne) of the Philippine Army at Fort Magsaysay in Palayan City, Nueva Ecija on June 25, 2023. (Photo by Noel B. Pabalate / MANILA BULLETIN) Owing to its experience when the Marawi siege...
Beverages tycoon Alfredo Yao's Philippine Business Bank (PBB) posted an 18.8 percent growth in net income to P1.03 billion in the first half of 2024, compared to the P869.2 million generated in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said...
The Philippine Statistics Authority (PSA) reported that the country’s trade deficit widened in June this year as exports declined faster than imports. The balance of trade in goods in the country recorded a deficit of $4.3 billion in June, higher by 9.3 percent than the $3.9 billion deficit in...
(L-R) National Voluntary Services Program (NVBSP) at Department of Health Program Manager Marites B. Estrella; Philippine Red Cross Assistant Secretary General and Director of Blood Services Christie Monina Nalupta; Wilcon Depot Executive HR Manager Emilio Obispo and President of...
Consumer prices surged by 4.4 percent in July, surpassing the government's target for the first time this year due to a faster increase in utilities, food, and transportation costs. According to the Philippine Statistics Authority (PSA), the country’s headline inflation rate last month...
NEW YORK — Markets on Wall Street and around the world are in a mini-panic. Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world’s biggest technology companies....
Senator Grace Poe noted on Monday, August 5, the decrease in text scams when President Marcos ordered the ban of Philippine Offshore Gaming Operators (POGOs), raising the need for legislation for the latter. "From that time on actually a little before that time until the present, kung mapapansin...
The proliferation of fraudulently-issued government documents could negatively impact Philippine-issued passports in the international community, Senator Alan Peter Cayetano warned on Monday, August 5. Cayetano pointed this out as he questioned the reliability of the country’s...
