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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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Arthaland eyes P12B revenue from Makati luxury project

Arthaland Corp. projects to earn P12 billion from Sondris, its premium residential development in Makati City. Developed in partnership with Japan’s major real estate firm Mitsui Fudosan Co., the 37-story tower taps into strong demand for sustainable high-end properties.

Strong demand steadies T-bill yields amid inflation worries

Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.

JTI PH steps in with extra tobacco purchases as oversupply hits local farmers

JTI Philippines has committed to purchase an additional 3.32 million kilograms of local green weight tobacco leaf to absorb excess supply caused by overproduction in major growing areas. The move supports farmers amid weaker global demand that drove down prices from last year’s highs.

SMC SALEX details measures in place for trees along new route 

SMC SALEX has confirmed all tree-related activities for its planned elevated expressway in Manila follow strict guidelines approved by the Department of Environment and Natural Resources (DENR), addressing public concerns about vegetation along Quirino Avenue.

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