Tag: Jobs Data

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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

Markets Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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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Aboitiz unit buys aquaculture R&D facility in Singapore

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Aboitiz Foods unit Gold Coin Management Holdings Pte. Ltd., has acquired an aquaculture research and development facility in Singapore from Adisseo Asia Pacific Pte. Ltd..

PXP unit secures DOE approval for SC 91

Energy & Mining 0
PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.

DITO says AI assistant now handles 98% of customer queries

Communications & Technology 0
DITO Telecommunity Corp. said its in-house artificial intelligence assistant, KAi, is now resolving 98 percent of customer inquiries without human help, delivering instant responses across its digital platforms.

Coins.ph launches QRPh stablecoin checkout nationwide

Banking & Insurance 0
Philippine crypto wallet Coins.ph is bringing digital assets into everyday retail with the rollout of QRPh Stablecoin Payment, a feature that allows users to pay via the country’s national QR code standard using pesos, supported stablecoins, or a combination of both in a single transaction.

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