Tag: PSA

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Electronics sales fuel export surge in June, trade deficit narrows

Philippine exports soared 26 percent year-on-year in June 2025 to USD7.02 billion, driven by a sharp rise in electronic product shipments, which helped narrow the country’s trade deficit to USD3.95 billion from USD 4.34 billion a year earlier, according to data from the Philippine Statistics Authority (PSA).

Better weather boosts 1H rice, corn output—PSA data

Palay production in the first half of 2025 is estimated to have reached 9.08 million metric tons, up 6.4 percent from 8.53 million tons in the same period last year.

National ID integrated with SBCorp App for MSME loans

The Philippine Statistics Authority (PSA) has integrated its National ID authentication services with the Small Business Corporation’s (SBCorp) mobile application for loan applications of Micro, Small, and Medium Enterprises (MSMEs).

Palay, corn output to rise in 2Q—PSA 

The country’s palay and corn production for the second quarter is projected to record double-digit increases, the latest estimates of the Philippine Statistics Authority. As...

Tourism growth in 2024 fuels rise in resource use

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).

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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.

Bribery tops Filipinos’ impeachment concerns in OCTA survey

Bribery has emerged as the impeachment allegation against Vice President Sara Duterte that Filipinos consider the most serious, according to the latest nationwide survey by OCTA Research. The findings suggest the public distinguishes among the allegations rather than viewing the impeachment case as a single political issue.

Thai firms eye Subic as Luzon investment gateway 

Thai companies are exploring investment opportunities in the Subic Bay Freeport, signaling growing regional interest in the Luzon Economic Corridor (LEC) as the Philippines positions the flagship growth corridor as a magnet for foreign capital and supply chain investments.

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