Tag: Jobless Rate

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Philippine jobless rate slides to 3.9% in May

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The Philippines' unemployment rate eased in May, as the economy generated more jobs, reducing the number of Filipinos without work compared to both April this year and May of the previous year.

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CBS earnings stay resilient as lending fuels first-half growth

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CBS posted a net income of P1.19 billion in the first half of 2026, demonstrating the resilience of its core lending business as loan growth helped cushion the impact of global geopolitical uncertainties and a challenging domestic economic environment.

Technical issue temporarily takes down central bank website  

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) site is temporarily offline as technical teams address an unexpected system disruption.

SSS raises Century Properties stake to nearly 10%

Corporate 0
The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company's long-term growth strategy.

EastWest in Tesla Philippines exclusive August 10 electric vehicle event 

Banking & Insurance 0
East West Banking Corporation (EastWest) has teamed up with Tesla Philippines once again to give its select clients special access to premium electric vehicle experiences and offers. This follows the success of their first private gathering held last May 2026 at Tesla Center Manila.

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