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Agriculture helps GDP growth; DA moves to ensure larger share
The growth of the farm sector in the third quarter is a clear signal that the Department of Agriculture (DA) needs to step up efforts to significantly increase food production and modernize the sector that provides jobs for one in every four Filipinos.
Ranks of jobless rise slightly in Sep to 2.26M from Aug
The ranks of the employed increased slightly in September to 2.26 million from 2.21 million in August, with bad weather affecting jobs in the farm sector, the Philippine Statistics Authority said Wednesday.
Headline inflation eases in October 4.9%
Prices of consumers goods and services eased in October, nudging the closely-watched headline inflation lower to 4.9 percent year-on-year, even lower than the central bank’s forecast range.
Manila seeks invalidation of two more China funded rail projects
The Department of Transportation (DOTr) on Monday bared plans to formally invalidate two rail contracts with China on the basis of Beijing's continued lack of interest in funding the high-impact infrastructure projects.
Moody’s unit forecasts lower 3Q expansion of only 5.1 percent
Local output expansion measured as the gross domestic product (GDP) is forecast to reaccelerate in the third quarter and average at least 5.1 percent, analysts at Moody's Analytics said on Monday.
