The Philippine economy expanded by 5.2 percent year-on-year in the third quarter, a slower pace mainly due to the contraction in agriculture as a result of El Niño and several typhoons that negatively impacted farm output, along with a moderation in the growth of industry and services.
The Philippine Statistics Authority on Wednesday reported a significant improvement in the labor market In September, with the economy creating more jobs to trim the unemployment rate down to 3.7 percent.
Average rates on Treasury bills were mostly higher at the auction on Monday, with strong demand tempering concerns over a possible rise in inflation...
Outstanding debt of the national government reached P15.893 trillion at the end of September, up 11 percent year-on-year due to double-digit growth in the issuance of government securities in the domestic market and in the availment of foreign loans.
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 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 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 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.