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 Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.
The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.
Universal Robina Corp. (URC) has assured continued assistance to communities impacted by the release of molasses-based wastewater from its Bais Distillery following the collapse of a containment lagoon on October 26.
Lazada Philippines announced that the 11 11, its biggest sale of the year, will run from November 10 beginning at 8 PM until November 13, positioning the event to surpass the performance of the previous 9.9 sale. In Taguig City, Lazada Philippines chief executive officer Carlos Barrera and head of seller operations Alvin Ching emphasized the company’s growing role in powering the nation’s digital economy and strengthening its reputation as the leading destination for authentic brands and quality products.