Construction projects in the Philippines saw their steepest decline in eight months, falling by nearly 15 percent to over 12,500 in January 2025, due to the massive decrease in residential-building constructions. Data from the Philippine Statistics Authority (PSA) showed that the January figure...
The growth of the Philippines’ creative economy in 2024 slowed to its lowest in three years as the total value of creative industries only increased to ₱1.94 trillion from ₱1.78 trillion in the previous year. Based on preliminary data from the Philippine Statistics Authority (PSA), last...
The Philippine Statistics Authority (PSA) has warned against escalating National ID scams, urging the public to remain vigilant as fraudsters employ various tactics to steal personal information. In an advisory, PSA Undersecretary Claire Dennis S. Mapa said the agency observed a surge in phishing...
(MANILA BULLETIN) House Speaker Martin Romualdez hailed the creation of 2.6 million new jobs at the start of 2025, but underscored that the government's true goal is sustained quality employment for Filipinos. Pointing to the results of the...
ILOILO CITY – The inflation rate in Western Visayas dropped 0.9 percent from 3.6 percent in January to 2.7 percent in February. A BUSY wet market in Iloilo City. Inflation or the rise in the price of goods and services over time dropped in Western Visayas last February. (Tara Yap) “The...
Factory output surges in January, signaling strong start to the year for Philippine manufacturing. Philippine manufacturing output continued growing at a faster rate in January 2025, posting the quickest expansion in six months, according to the Philippine Statistics Authority (PSA). This...
Filipinos seek employment opportunities as the nation's labor force participation rate rises. Over half a million Filipinos were added to the total number of jobless individuals in January 2025, according to the Philippine Statistics Authority (PSA). This rapid multiplication of unemployed...
Consumer price hikes dropped sharply to 2.1 percent in February, marking the lowest rate in five months, according to the Philippine Statistics Authority (PSA). Data from the PSA on Wednesday, March 5, revealed headline inflation slowed significantly from the 2.9 percent rate in January. It...
Factory gate prices rose at a faster pace at the start of 2025, driven by a relatively sharper increase in chemical product prices, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA revealed that the producer price index (PPI), which reflects the year-on-year...
Amid a Trump-led global trade war looming on the horizon, the Philippines sourced more products from China while it exported more goods to the United States at the start of 2025. Preliminary Philippine Statistics Authority (PSA) data on Friday, Feb. 28, showed that the value of the Philippines'...
The country’s total agricultural trade reached $7.36 billion during the fourth quarter of 2024, posting a year-on-year growth of 17.3 percent amid higher imports, according to the latest report of the Philippine Statistics Authority (PSA). This is an impressive turnaround from the same period in...
Global investors appeared to have lost their appetite for the Philippines, as total foreign investments significantly declined by 38.87 percent last year, sharply contrasting with the substantial investments in 2023. Data from the Philippine Statistics Authority (PSA) revealed that foreign...
