Tag: PSA

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Jobless rate rise in May, underemployment rate eases 

Economy Context.ph Context.ph -
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market. 

Philippines gains ground, but SDG race tightens

Economy Context.ph Context.ph -
The Philippines has made measurable gains toward achieving the United Nations' Sustainable Development Goals (SDGs). But the country remains off pace on most targets, highlighting the challenge of translating progress into meaningful outcomes before the 2030 deadline.

Tourism sips less water, burns more fuel

Travel & Tourism Context.ph Context.ph -
The Philippine tourism industry used less water in 2025 but consumed more energy and emitted more carbon dioxide, highlighting a growing sustainability challenge as the sector's environmental footprint shifts from the tap to the tailpipe.

Gold price rally boosts Philippine mineral wealth

Energy & Mining Context.ph Context.ph -
A surge in gold valuations lifted the estimated worth of the Philippines’ mineral reserves in 2025, highlighting how global commodity prices increasingly shape the economic value of the country’s resource base even as reserve volumes and production trends remain mixed.

Corporate savings drive Philippines’ P8.4T surplus

Economy Context.ph Context.ph -
The Philippine economy generated a record P8.40 trillion in gross savings in 2025, fueled largely by robust corporate earnings and rising national income, according to data released by the Philippine Statistics Authority (PSA).
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PEZA, Oman target investments across four strategic industries

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) have identified four priority industries for deeper investment cooperation, as both countries seek to strengthen trade and position their economic zones as complementary gateways to regional markets.

Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Transport & Logistics 0
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

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