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.
Filipino women are increasingly asserting themselves in the workforce and playing a more prominent role in shaping the nation’s future, according to the latest data from the Philippine Statistics Authority (PSA).
The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.
The Government Service Insurance System (GSIS) will distribute more than ₱19 billion to around 1.37 million members and pensioners under its Balik Ginhawa refund program.
Fuel prices in the country are expected to increase again this week, driven by global oil market pressures linked to ongoing conflict in the Middle East.
The Bureau of Customs (BOC) is rolling out reforms aimed at helping Philippine exporters navigate current challenges while positioning them for sustained long-term growth, the Export Development Council (EDC) said Sunday, April 5.