Tag: PSA

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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.

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).

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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.

Prime Midstream sees sustained gas demand as power needs rise

Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.

Japanese diplomat reaffirms bilateral ties at 82nd Leyte Gulf landings commemoration

Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.

San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.

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