Tag: PSA

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Inflation eases again, now below BSP target

The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.

Rice stocks rise amid NFA palay procurement gains

National rice stocks at the start of May were estimated at 2.37 million metric tons, marking a 14 percent increase compared to the same period last year. This growth was primarily driven by the aggressive palay procurement efforts of the National Food Authority (NFA).

Heart disease still top killer in Philippines

Ischaemic heart diseases remained the leading cause of death in the Philippines from January to November 2024, according to new data released by the Philippine Statistics Authority.

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. 

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ERC suspends grid delivery fee for energy storage during emergencies

The Energy Regulatory Commission has approved the temporary waiver of delivery service charges for energy storage systems during declared national energy emergencies.

First Gen confirms $5B non-binding offer for EDC from Indonesian firm

First Gen Corp. has disclosed to the Philippine Stock Exchange that Indonesian company PT Barito Renewables Energy submitted an unsolicited, non-binding offer to acquire its geothermal subsidiary Energy Development Corp. for around $5 billion.

SEC overhauls rules for local credit rating agencies

The Securities and Exchange Commission has proposed updated regulations for credit rating firms to boost transparency, credibility, and investor confidence in the Philippine corporate bond market.

Updated national radiological plan boosts PH nuclear emergency readiness

The Department of Energy has completed revisions to the National Radiological Emergency Preparedness and Response Plan, strengthening the country’s ability to respond to nuclear and radiological incidents.

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