Tag: Jobs Data

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Jobless rate up in Nov, improves from Oct

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Unemployment rate rose year-on-year in November 2025 but fell from October, as the labor market gained momentum ahead of the Christmas season, the Philippine Statistics Authroity reported on Wednesday.

Jobless rate hits 3-year high 5.3% in July amid storms

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The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.

Wall Street advances on hopes Fed will cut rates

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U.S. stocks rallied Monday as weak jobs data bolstered expectations that the Federal Reserve could begin cutting interest rates in the coming months.

T-Bill yields mixed as slew of data loom

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Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

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Japan eyes Philippine tourism as gateway to broader growth

Travel & Tourism 0
Nearly half of the investment leads secured during President Ferdinand Marcos Jr.’s  state visit to Japan last week are linked to tourism, underscoring the sector’s growing role as a catalyst for infrastructure, technology, and regional economic development.

Renewable energy firm acquires Visayas hydropower asset

Energy & Mining 0
Repower Energy Development Corp. is expanding its hydropower portfolio through the acquisition of a stake in Taft Hydroenergy Corp., owner of the 15.93-megawatt Tubig Hydropower Plant in the Visayas.

DoubleDragon pivots as overseas revenues fuel growth

Corporate 0
DoubleDragon Corp. posted record revenues of P27.91 billion in 2025, up 56 percent from P17.86 billion a year earlier, as fresh contributions from its overseas operations began reshaping the company’s earnings profile.

San Miguel targets P30-billion preferred share sale

Corporate 0
San Miguel Corp. seeks to raise up to P30 billion through a new preferred share offering as the conglomerate moves to refinance debt and support its ambitious infrastructure expansion program.

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