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41% of Filipinos back Duterte’s impeachment amid controversies

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.

Philippine unemployment drops ahead of holiday demand

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. 

Headline inflation rises to 2.9% in December

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.

Price cap on imported rice: What consumers need to know

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.

S&P unit projects moderate growth for PH in 2024 

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.

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DA backs calamity declaration to mobilize El Niño response 

Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.

Prime Midstream sees sustained gas demand as power needs rise

Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.

Japanese diplomat reaffirms bilateral ties at 82nd Leyte Gulf landings commemoration

Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.

San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.

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