The Philippine labor market showed a slight increase in unemployment in March, with the jobless rate rising to 3.9 percent from 3.8 percent in February, according to the Philippine Statistics Authority (PSA).
Philippine agriculture started the economy on a stronger footing in the first quarter, growing 1.9 percent, with better weather conditions and intensified government interventions helping the sector recover from a full-year contraction in 2024.
The Philippine trade deficit widened further to USD4.13 billion in March, as export growth failed to keep pace with the double digit expansion in imports, the Philippine Statistics Authority said Wednesday.
Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.
The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure.
In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.
Filinvest Land Inc. (FLI) reported an attributable income of ₱4.17 billion in 2025, nearly unchanged from ₱4.16 billion in 2024, citing higher interest rates, more selective homebuyers, and structural shifts in the office sector.
The International Criminal Court in The Hague on Monday opened confirmation of charges proceedings against former Philippine President Rodrigo Duterte, a crucial step that will determine whether there is sufficient evidence to send the case to full trial. Prosecutors, defense lawyers, and legal representatives of the victims are set to present their evidence and arguments before ICC judges, who have up to 60 days to decide if the case will move forward. The 80-year-old Duterte was arrested in March last year and has remained in detention while awaiting the court’s ruling on whether he will stand trial. Outside the ICC chamber, protesters from the families of the victims and those who support Duterte gathered to voice the opinions.
Caloocan City’s People’s Park has reopened following a P50-million redevelopment funded by the Melco Resorts (Philippines) Foundation Corporation (MRP Foundation). The renovation was inaugurated in February by mayor Dale Gonzalo “Along” Malapitan and MRP Foundation chairman Clarence Chung, coinciding with the city’s 64th cityhood anniversary celebration.