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) said the government is taking immediate steps to ensure a steady power supply in Catanduanes amid ongoing challenges faced by local power provider Sunwest Water and Electric Co. (Suweco).
The Department of Agriculture (DA) said researchers have identified a small goby fish in Lake Bato, Camarines Sur that may be endemic, or found only in that area.
Energy company ACEN Corp. said it is considering several ways to raise additional capital within the next 6 to 12 months to support its renewable energy (RE) projects.