A recent survey conducted by the Social Weather Stations (SWS) has revealed a significant shift in public sentiment, with 41 percent of Filipinos expressing support for the impeachment of Vice President Sara Duterte.
The country's unemployment rate continued to decline in November 2024, easing to a 3.2 percent, as businesses prepare for the expected increase in demand for goods and services during the Christmas holidays.
Consumer prices picked up pace in December, with inflation rising to 2.9 percent year-on-year, up from 2.5 percent in November. The Philippine Statistics Authority attributed the increase primarily to higher housing and utility costs, as well as transport fares, which contributed significantly to the upward trend.
The Department of Agriculture (DA) is moving forward with a maximum suggested retail price (MSRP) for imported rice, aiming to keep prices below P60 per kilogram.
Output expansion across the Philippines in 2024 likely moderated to 5.5 percent in terms of the gross domestic product (GDP), from actual growth averaging 5.6 percent the year before, according to latest estimates by financial information and analytics firm S&P Global.
The Department of Agriculture has recommended that President Ferdinand Marcos Jr. increase tariffs on imported rice and temporarily suspend rice importation to protect local farmers.
The National Grid Corporation of the Philippines (NGCP) has successfully concluded its annual nationwide blackout drills, marking a significant milestone in its commitment to enhance grid resilience and operational coordination across the country.
Agriculture Secretary Francisco Tiu Laurel Jr. is backing President Ferdinand Marcos Jr.'s call to amend the Coconut Farmers and Industry Trust Fund Act, stressing the need to prioritize replanting to secure the future of the country’s top agricultural export.
The Bangko Sentral ng Pilipinas (BSP) launched the Open Finance for PERA Pilot at its headquarters in Manila, aiming to make the Personal Equity and Retirement Account (PERA) more accessible to Filipinos through digital platforms.