Tag: PSA

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Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

1Q GDP growth holds at 5.4% after revisions

Revisions to the first-quarter gross domestic product (GDP) kept economic growth steady at 5.4 percent, the Philippine Statistics Authority (PSA) said. Data for second-quarter GDP...

Unemployment rises in June to 3.7% —PSA

The Philippines’ unemployment rate in June rose to 3.7 percent, up from 3.1 percent a year earlier, according to the latest Labor Force Survey released Wednesday by the Philippine Statistics Authority (PSA). 

Rice, utilities costs pull down July inflation to 6-year low

Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).

T-Bill yields mixed as slew of data loom

Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

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Singapore firms explore Philippine investments through DTI mission 

The Philippines is stepping up efforts to attract more Singaporean investments, with the Department of Trade and Industry (DTI) lining up a business mission that aims to convert growing investor interest into projects across manufacturing, digital services, agribusiness, and other high-growth industries.

Philippine inflation eases as transport costs cool prices

Philippine inflation slowed for a second straight month in July, reinforcing expectations that price pressures are gradually easing even as households continue to grapple with elevated costs for food, electricity and transport.

VinFast EV rentals cut costs for aspiring TNVS drivers

VinFast Philippines and Green GSM Philippines are positioning their Rentapasada program as a lower-cost path into the ride-hailing business, using electric vehicles to reduce both the upfront investment and day-to-day operating expenses that often discourage aspiring TNVS drivers.

Globe rides data, GCash strength despite lower profits

Globe Telecom shrugged off a tougher economic backdrop to post record second-quarter revenues, with surging demand for mobile data, fiber broadband and enterprise digital services cushioning an earnings decline due largely to one-off items.

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