Tag: PSA

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Regular milled rice price ease in early August—PSA data

The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.

Palay prices soften further in July as global price slips—PSA data

The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.

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). 

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FFCCCII expands rural education with 13,000 classrooms nationwide

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 earns dual Asia CEO Awards honors for sustainability, diversity

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 boosting Cebu businesses via nationwide network

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.

DA backs calamity declaration to mobilize El Niño response 

Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.

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