Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.
The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.
The talkback session that followed Thursday’s special screening of “Quezon” sparked more than just thoughtful discussion—it set off a buzz. Intended to rally support for TBA Studios’ latest entry in its expanding Bayaniverse series, the event quickly became the talk of the town, lighting up social media and fanning fresh curiosity about the film.
Carlos Edriel Yulo, the Philippines’ most celebrated gymnast, once again proved his world-class mettle, claiming the bronze medal in the men’s floor exercise at the 2025 World Artistic Gymnastics Championships in Jakarta.
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corp. (PDIC) have signed a revised memorandum of agreement (MOA) on bank examination to improve coordination in assessing the country’s banking institutions.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Friday led the launch in Davao City of “Benteng Bigas, Meron Na!”, the flagship food security program of President Ferdinand R. Marcos Jr. that delivers rice at only P20 per kilo — a lifeline for the vulnerable sectors and a new market opportunity for Filipino farmers.