Top News
January-May tourist arrivals increase 14% to 2.56 million
Tourist arrivals in the Philippines surged by 14 percent year-on-year in the first five months of this year, reaching 2.56 million, despite a double-digit decline in the arrivals of Filipinos living overseas, based on data from the Department of Tourism.
NFA has enough palay to support four days of consumption
The National Food Authority (NFA) has purchased 3.32 million 50-kilo bags of palay as of 5 June this year of which over 3.17 million bags were purchased from rice farmers the past six weeks.
Fitch maintains sovereign’s credit status as investment-grade
Fitch Ratings has kept the country's standing as an investment grade issuer or one whose sovereign debt is rated a triple B or BBB, the Bangko Sentral ng Pilipinas said.
MB member Anita Linda Aquino resigns
Monetary board member Anita Linda Aquino, just under four years as member of the policy-making body of the Bangko Sentral ng Pilipinas, has resigned in the wake of a scandal involving ghost central bank employees.
Jobless rate in April eases to 4% from 4.5% year-earlier — PSA
The unemployment rate in the Philippines declined in April to 4 percent from 4.5 percent in the year-ago period, with the economy creating more jobs in industry and services to take up the slack in agriculture because of the adverse impact of El Nino on the farm sector.
