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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.

Foreign investment pledges drop sharply in Q1

Foreign investment approvals plunged 82 percent in the first quarter to a total P27.99 billion compared to P155.26 billion in the same period last year, according to the Philippine Statistics Authority (PSA).

Philippines jobless rate tad higher at 3.9% in March

The Philippine labor market showed a slight increase in unemployment in March, with the jobless rate rising to 3.9 percent from 3.8 percent in February, according to the Philippine Statistics Authority (PSA).  

Philippine agriculture expands 1.9% in 1Q

Philippine agriculture started the economy on a stronger footing in the first quarter, growing 1.9 percent, with better weather conditions and intensified government interventions helping the sector recover from a full-year contraction in 2024.

Trade deficit widens to USD4.13B in March

The Philippine trade deficit widened further to USD4.13 billion in March, as export growth failed to keep pace with the double digit expansion in imports, the Philippine Statistics Authority said Wednesday.

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Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

SMX Seaside Cebu opens with two major trade exhibitions

SM Hotels and Conventions Corp. (SMHCC) will inaugurate SMX Convention Center Seaside Cebu on November 26–28, 2026, with two major trade exhibitions that will add 21,000 square meters of leasable event space to Cebu’s growing meetings, incentives, conventions and exhibitions (MICE) industry.

First Holdings to sell Rockwell Land stake to Crème Investment

First Philippine Holdings Corp. (FPH) is selling its entire 90.74-percent stake in Rockwell Land Corp. to Crème Investment Corp., an investment vehicle of Eugenio “Gabby” Lopez III, for P15.92 billion, freeing up capital for the group's investments in energy, infrastructure, and other businesses.

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