Top News
PSA Data: Poverty declines, indigenous peoples, farmers struggle
The Philippine Statistics Authority (PSA) has unveiled the 2023 Poverty Statistics, offering a detailed look at the poverty landscape within 11 of the 14 sectors. The data reveals a mixed outlook, with substantial progress in some areas but persistent challenges in others.
Golden MV Holdings profits approximate P1T following acquisition series
The Villar family, already acknowledged as the country's richest, its wealth aggregating USD 11 billion, has become even more rich.
Manila remains a net lender with US$65.5B foreign currency assets
The Philippines remains a net lender of resources on the global stage rather than as net borrower based on the country's international investment position (IIP).
Pinoy, gigil, 9 other Filipino words make it to Oxford English Dictionary
The latest quarterly update of the Oxford English Dictionary has added several Filipino words, including gigil, lumpia, Pinoy, and eight others, to its list of "untranslatable words." The OED defines these words as those that have been lexicalized in one language but not in others, making them particularly intriguing.
Small-format retail grows amid Philippine logistics challenges
The long-held retail belief in the Philippines that "bigger is better" is being reshaped as consumers increasingly seek speed, convenience, and accessibility in their shopping experiences. Small-format stores, including neighborhood supermarkets, mini-marts, and convenience stores, have become key players in meeting these demands.
