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Philippine April jobless rate eases to pre-pandemic level of 4.5%
The Philippines Statistics Authority said Friday the unemployment rate declined to pre-pandemic level of 4.5 percent in April as the economy continued to mend...
BSP cuts the banks’ deposit reserves
Beginning June 30 this year, the various banks and financial institutions will observe substantially lower reserves on their deposit holdings, according to the Bangko...
Inflation eases further to 6.1 percent in May
Inflation, or the rate of change in prices, eased further in May to 6.1 percent, from 6.6 percent in April, even lower than market...
Manufacturing sector logs 16 months of continued expansion
The Philippine manufacturing sector further improved its performance in May as new orders and production expanded more quickly and employment picked up slightly compared...
ECOP, PHILEXPORT chief seeks safeguards, support for local businesses with RCEP ratification
The head of the employers’ association of the Philippines cheered the ratification of the Regional Comprehensive Economic Partnership (RCEP), but stressed the need for...
