Both the farmgate and retail prices of the country’s main staple food palay and corn are on a downtrend, which is bad news for farmers but good news for consumers. Latest data from the Philippine Statistics Authority (PSA) showed that farmgate price of palay fell further during the first week of...
Foreign investment approvals fell by more than three-fifths in the second-quarter this year after several areas in the country implemented large scale movement restriction to curb the spread of coronavirus disease. Data from the Philippine Statistics Authority (PSA) showed that total approved...
The country’s trade deficit decreased by half in July as imports weakened while exports dropped at a much slower pace, data from the Philippine Statistics Authority (PSA) showed. The Philippines’ balance of trade in goods, which measures the difference between the value of export and import,...