Economy
Unemployment eases to 5.1% in February
The Philippines’ job market showed tentative improvement in February, with the unemployment rate easing to 5.1 percent from 5.8 percent in January, according to data released Wednesday by the Philippine Statistics Authority.
Foreign reserves hold at $107.5 billion in March
The country’s gross international reserves (GIR) stood at $107.5 billion as of end-March 2026, according to preliminary Bangko Sentral ng Pilipinas data, signaling a steady and still-strong external buffer.
P500M wellness plant set for Tarlac pharmazone
A P500-million wellness manufacturing facility is set to rise in Tarlac, as Goodfield International Trading Corp. invests in the country’s first pharmaceutical economic zone, the Philippine Economic Zone Authority (PEZA) said Tuesday.
Philippine inflation hits 4.1% on rising costs
Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.
Clark poised to exceed 2026 investment target of P12.35B
The Clark Development Corp. (CDC) expects to surpass its P12.35-billion investment target for 2026, buoyed by strong early commitments and sustained investor interest, a senior official said.
