Top News
Tenuous global outlook helps dampen 8-month foreign investor interest
Long-horizon foreign direct investments (FDI) in August proved marginally lower this year at only USD789 million from year-ago level of USD792 million, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
Agriculture helps GDP growth; DA moves to ensure larger share
The growth of the farm sector in the third quarter is a clear signal that the Department of Agriculture (DA) needs to step up efforts to significantly increase food production and modernize the sector that provides jobs for one in every four Filipinos.
Philippines GDP expands 5.9% in 3Q, fastest among Asia’s emerging economies
The domestic economy gathered pace in the third quarter as all major sectors of the economy—services, agriculture and industry—printed growth while consumer and government spending gathered momentum.
Ranks of jobless rise slightly in Sep to 2.26M from Aug
The ranks of the employed increased slightly in September to 2.26 million from 2.21 million in August, with bad weather affecting jobs in the farm sector, the Philippine Statistics Authority said Wednesday.
Headline inflation eases in October 4.9%
Prices of consumers goods and services eased in October, nudging the closely-watched headline inflation lower to 4.9 percent year-on-year, even lower than the central bank’s forecast range.
