Tag: PSA

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PSA revises GDP growth for 2024

The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure. 

Filipino women making strides in workforce, leadership

Filipino women are increasingly asserting themselves in the workforce and playing a more prominent role in shaping the nation’s future, according to the latest data from the Philippine Statistics Authority (PSA).

Construction approvals decline in January—PSA data

The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.

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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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