Top News
South Korea headlines 10% tourist arrivals growth over 8 months
Tourist arrivals in the Philippines reached 4.03 million in the first eight months of 2024, a 10 percent growth from the same period last year. South Korean visitors accounted for a significant portion of this influx, making up 26 percent of total arrivals.
Unabated urbanization, not quarrying, to blame for perennial flooding in Metro Manila – DENR
For the nth time, the Department of Environment and Natural Resources (DENR) ruled out quarrying as the root cause of perennial flooding of the Marikina River Basin, an all too often event that directly inconveniences the lives of people in Metro Manila and Rizal province.
August inflation eases to 3.3 percent on slower increases in rice price, other food items
Headline inflation in the Philippines slowed to 3.3 percent in August 2024, its slowest pace since January this year, as increases in the prices of rice, other food items as well as the cost of transport and cooking gas eased, the Philippine Statistics Authority said Thursday.
Outstanding national government debt rises to P15.69 trillion in July
The National Government's outstanding debt reached P15.69 trillion as at end-July 2024, up by P206.49 billion or 1.3 percent from June due to net issuances of domestic and foreign debt.
Farm trade deficit widens in 2Q despite higher farm exports
The Philippines continued to experience a significant agricultural trade deficit in the second quarter of 2024, even as agricultural exports saw a double-digit increase. The deficit widened to USD3.07 billion in the second quarter after a trade gap of USD2.62 billion in the first quarter of the year.
