Tag: PSA

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Palay, corn output seen falling in third quarter

Palay and corn production may decline sharply in the third quarter, with the latest estimates from the Philippine Statistics Authority pointing to smaller harvest areas for both crops and weaker corn yields.

Philippine jobless rate up as more seek jobs

The Philippine labor market took a sharper turn in July as unemployment climbed to 6.0 percent, even as more Filipinos entered the workforce, pointing to a widening gap between the number of people seeking jobs and available opportunities.

Domestic trade volume plunges as fuel costs surge

The Philippines’ domestic trade volume plunged 38 percent year on year to 10.57 million tons in the second quarter of 2026, as higher logistics costs amid the Middle East conflict likely weighed on commodity movements.

Foreign investments surge 68% in 2Q—PSA data

Foreign investments approved in the Philippines surged 68.2 percent year-on-year to P115.20 billion in the second quarter of 2026, signaling stronger overseas interest in the economy even as the job-creation outlook remained less impressive. 

Jobless rate rises in June as labor market shows mixed signals

The Philippines' unemployment rate rose to 4.9 percent in June from 4.8 percent in May, as the number of jobless Filipinos climbed to 2.59 million, underscoring the uneven pace of labor market recovery despite an increase in overall employment.

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Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

SMX Seaside Cebu opens with two major trade exhibitions

SM Hotels and Conventions Corp. (SMHCC) will inaugurate SMX Convention Center Seaside Cebu on November 26–28, 2026, with two major trade exhibitions that will add 21,000 square meters of leasable event space to Cebu’s growing meetings, incentives, conventions and exhibitions (MICE) industry.

First Holdings to sell Rockwell Land stake to Crème Investment

First Philippine Holdings Corp. (FPH) is selling its entire 90.74-percent stake in Rockwell Land Corp. to Crème Investment Corp., an investment vehicle of Eugenio “Gabby” Lopez III, for P15.92 billion, freeing up capital for the group's investments in energy, infrastructure, and other businesses.

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