Global growth this year, seen as slow and uneven, is forecast to remain well below the 20-year average of 3.8 percent, according to International Monetary Fund managing director Kristalina Georgieva.
The Philippine labor market in August showed significant improvement from July, with the resumption of farm activity and the start of the new school year helping generate more employment for Filipinos, the statistics authority said Friday.
Oil and rice price shocks sending the September inflation rate sharply higher to 6.1 percent are seen dissipating in October when more data is captured reflecting the macroeconomic lay of the land, officials said on Thursday.
Headline inflation accelerated to the upper limit of official forecast and hit 6.1 percent in September and well above market consensus of only 5.3 percent, the Philippine Statistics Authority (PSA) reported on Thursday.
The chairman of the House of Representatives’ ways and means committee expects a new bill providing incentives to San Miguel Corp.’s Bulacan Airport City...
The Department of Agriculture (DA) is ramping up efforts to improve farm productivity and deploys mobile soil testing laboratories (MSL) across the country for the purpose.
Foreign tourist arrivals to the Philippines fell by 2.4 percent in the first nine months of the year, reaching 4.33 million, according to data from the Department of Tourism. The decline was largely driven by a sharp drop in visitors from South Korea and China.
Globe Telecom has activated its emergency response teams in the wake of a magnitude 7.6 earthquake that struck offshore Davao Oriental on October 10. The powerful tremor, felt across the Davao Region and nearby provinces, triggered evacuations and temporary suspension of operations in several areas.
The Government Service Insurance System (GSIS) received a surge of applications on October 10, the first day of its Digital Ginhawa Loan program, with 21,418 government employees applying for a total of ₱1.258 billion in loans via the GSIS Touch mobile app.