Tag: PSA

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Chicken, tilapia output rise in 1Q; pork, fish dip

Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA). 

Construction activity picks up in March

The Philippines saw a modest rise in construction activity in March 2025, as approved building permits reached 14,973, up 3.4 percent from 14,477 in the same month last year, according to the Philippine Statistics Authority. 

Wait there’s more! PSA says 25M Filipinos functionally illiterate

Despite widespread access to basic education, nearly 25 million Filipinos—or about one in every five people aged 10 to 64 years old—are still “not functionally literate,” according to the Philippine Statistics Authority (PSA).

Child labor number drop in 2024, sets new low

According data from the Philippine Statistics Authority, the number of working children aged 5 to 17 dropped to 863,000 in 2024 from 1.09 million in 2023 and 1.48 million in 2022. This marks a significant milestone in the country’s fight against child labor, bringing figures even lower than the pandemic-era low of 872,300 in 2020.

Rice prices ease in early May, supports slowing inflation trend

Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.

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Bounty Fresh plans P800M convenience food expansion

Bounty Fresh is investing about P800 million in a new food manufacturing facility in Tarlac as it accelerates its push into the fast-growing convenience food segment, betting that changing consumer habits will drive demand for ready-to-cook and ready-to-eat products.

PCCI warns NAIA cargo delays threaten electronics competitiveness

The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.

Business groups back probe into Sanjia Steel

Leading business organizations have thrown their support behind the government's investigation of Philippine Sanjia Steel Corp., saying the case raises broader questions about regulatory oversight, industrial safety, and national security that could have implications for investor confidence and governance standards.

Vehicle sales rebound as hybrid demand surges

Vehicle sales recovered strongly in May after slumping to near-pandemic levels in April, with growing demand for electrified vehicles helping lift the market despite ongoing economic and geopolitical headwinds.

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