ILOILO CITY – The Gross Domestic Regional Product (GRDP) of Western Visayas region dropped to P641.76 billion in 2024 from the P1 trillion in 2023 without Negros Occidental province. MORE buildings at Iloilo Business Park in Iloilo City. (Tara Yap) The Philippines Statistics Authority recorded an...
Net importing countries like the Philippines should brace for a barrage of Chinese goods as China seeks alternative markets to the United States (US) amid intensifying trade tensions between the two economic giants, according to the think tank Capital Economics. In an April 15 report, Capital...
ILOILO CITY — Prices of basic goods and services in Western Visayas remained unchanged for the second straight month. PEOPLE purchase goods in a stall in a wet market in Iloilo City. (Tara Yap) The Philippine Statistics Authority-6 reported that the region’s inflation rate remained at 2.7...
Senators on Wednesday, April 9 welcomed the continued decline in the unemployment rate in the country which dropped to 3.8 percent in February 2025. “The continued decline in the unemployment rate to 3.8 percent in February, down from 4.3 percent along with the decrease in underemployment...
House Speaker Martin Romualdez (Speaker’s office) For House Speaker Martin Romualdez, the falling unemployment rate is proof that the Marcos administration's policies are uplifting Filipinos. Romualdez on Tuesday, April 8, welcomed the...
Jobless Filipinos increased in number to 1.94 million in February 2025 from 1.8 million last year, as the job market struggled to absorb over 40 percent of new job seekers. According to the Philippine Statistics Authority (PSA), the February 2025 figure reflects an increased annual unemployment...
World title challenger Charly Suarez will be joined by no less than his top backer former Ilocos Sur Gov. Luis ‘Chavit’ Singson in a special session of the Philippine Sportswriters Association Forum on Tuesday, April 8, at the conference hall of the Rizal Memorial Sports Complex. Along with...
March’s nearly five-year low inflation was particularly a boon to the country’s poorest households, whose price increase rate was even slower at 1.1 percent, prompting the government to push for measures that would sustain the easing of the vulnerable sector’s burden. “The lower food...
Annual consumer price increases slowed further to 1.8 percent in March 2025, down from 2.1 percent in February, as food price hikes eased mainly due to lower rice prices, the Philippine Statistics Authority (PSA) reported. March inflation was the slowest in nearly five years, or since May 2020—at...
The Philippine Statistics Authority (PSA) has revised upwards the country’s economic performance for the full year of 2024 to 5.7-percent growth, from the preliminary 5.6-percent figure. This upward revision still falls short of the government’s downscaled 2024 gross domestic product (GDP)...
Philippine factory growth contracted for the first time since August 2023—also the steepest decline in nearly four years—due to the worsening health of domestic manufacturing since the start of the year. “Following 18 successive months of growth, the Filipino manufacturing sector slipped back...
ILOILO CITY — The Philippine Statistics Authority reported a 96.7 percent employment rate for women in Western Visayas region in 2023. VENDORS at the public market in San Miguel town, Iloilo province are mostly women. (Tara Yap) “In terms of magnitude, the number of employed...
