Headline inflation in the Philippines quickened to 1.7 percent in September, the fastest pace since March, as rising transport, food, and restaurant costs drove up consumer prices, the Philippine Statistics Authority (PSA) reported on Tuesday.
The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.
The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).
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 Philippines is seeking to convert longstanding trade ties with the US into investment, technology partnerships and employment, highlighting USD8.5 billion in approved projects in the second quarter of 2026 as it courts West Coast businesses.
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has donated more than 6,500 school buildings, equivalent to over 13,000 classrooms, across the Philippines over the past 65 years, supporting efforts to improve educational access in underserved communities.
SM Hotels and Conventions Corp. (SMHCC) has earned dual recognition at the Asia CEO Awards 2026, receiving Circle of Excellence honors in Sustainability Company of the Year and Diversity Company of the Year for its environmental initiatives, inclusive workplace policies and responsible hospitality practices.
FAST Logistics Group is strengthening its Cebu operations to help local businesses reach markets across the Philippines, offering integrated transportation, warehousing and distribution services that could reduce the cost and complexity of nationwide expansion.