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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Domestic trade volume plunges as fuel costs surge

The Philippines’ domestic trade volume plunged 38 percent year on year to 10.57 million tons in the second quarter of 2026, as higher logistics costs amid the Middle East conflict likely weighed on commodity movements.

DA makes ‘Be RICEponsible’ year-round: Cut rice waste, boost food security

The Department of Agriculture, led by PhilRice, has expanded its Be RICEponsible drive to a year-round call to action, urging Filipinos to avoid rice wastage, buy local produce, and choose healthier rice to strengthen national food security and support farmers.

BSP adds time deposits to PERA eligible products, expanding low-risk retirement savings options 

The Bangko Sentral ng Pilipinas (BSP) has expanded the list of qualified investments under the Personal Equity and Retirement Account (PERA) to include time deposits, giving Filipinos another accessible option to build long-term retirement savings, per new guidelines issued August 20, 2026.

PhilHealth eyes upfront funding for hospitals

The Philippine Health Insurance Corp. (PhilHealth) plans to pilot a global-budget payment system that could give hospitals funding upfront, as it expands no-balance-billing options and seeks to cut patients’ out-of-pocket healthcare costs.

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