Top News
Child labor number drop in 2024, sets new low
According data from the Philippine Statistics Authority, the number of working children aged 5 to 17 dropped to 863,000 in 2024 from 1.09 million in 2023 and 1.48 million in 2022. This marks a significant milestone in the country’s fight against child labor, bringing figures even lower than the pandemic-era low of 872,300 in 2020.
Commerce, trade grind slowly at the San Juanico Strait
Alleged continued inaction by port authorities in Eastern Visayas have sent transport and trade and commerce authorities in Region 8 looking for solutions to the chaos created by the closure of the San Juanico Bridge to vehicular traffic exceeding three tons.
Foreign investment pledges drop sharply in Q1
Foreign investment approvals plunged 82 percent in the first quarter to a total P27.99 billion compared to P155.26 billion in the same period last year, according to the Philippine Statistics Authority (PSA).
Supreme Court voids Occidental Mindoro mining ban
The Philippine Nickel Industry Association (PNIA) on Thursday welcomed the landmark Supreme Court (SC) decision invalidating Occidental Mindoro’s 25-year mining ban that resolves long-standing regulatory ambiguities and reaffirms the legal primacy of national laws over local ordinances in natural resource governance.
Remittances climb 2.6% in March, reinforcing economic stability
Personal remittances from overseas Filipinos (OFs) rose by 2.6 percent year-on-year to USD3.13 billion in March this year, up from USD3.05 billion in March 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP).
