Tourism resource consumption increased sharply in 2024 as the industry continued its post-pandemic rebound, driving significant rises in water use, energy demand, and carbon emissions, according to the latest data from the Philippine Statistics Authority (PSA).
Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.
A recent decision by the Philippine Statistics Authority (PSA) to revise the carcass conversion rate for certain livestock has sparked concern in the swine industry, which continues to struggle following the first African Swine Fever (ASF) outbreak in 2019.
The Philippine labor market held its ground in April, even as early signs of strain emerged beneath the surface. Unemployment inched up slightly to 4.1 percent, from 4.0 percent a year earlier, yet the economy still managed to add more jobs and keep employment rates above 95 percent—a level considered healthy by most standards.
The American Chamber of Commerce of the Philippines (AmCham) has thrown its support behind the government's efforts to boost pork supply and curb rising food costs, while urging authorities to suspend and reassess newly issued import allocation guidelines that it says could disrupt established supply chains.
The Board of Investments (BOI) retained its position as the country's top investment promotion agency in the first quarter of 2026, accounting for nearly half of all approved investments despite a sharp decline from the record levels posted a year earlier.
The Department of Environment and Natural Resources (DENR) Region XI on Friday firmly dismissed false reports claiming President Ferdinand R. Marcos Jr. ordered the suspension of garbage collection in Davao City. Officials clarified the measure was a purely regional decision, with no input or direction from the President.
While headline inflation slowed to 6.8 percent in May from 7.2 percent in April, core inflation—which strips out volatile items—picked up to 4.1 percent from 3.9 percent, a key signal that underlying price pressures are strengthening, the Bank of the Philippine Islands (BPI) said on Friday.