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.
Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.
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 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).
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.
The Manila Electric Company (Meralco), led by business tycoon Manuel V. Pangilinan, is ramping up investments in its power distribution infrastructure to support the seamless integration of distributed energy resources (DERs), reinforcing its corporate role in the country's ongoing energy transition.
Telecom giant Globe is accelerating its digital transformation by embedding artificial intelligence (AI) across key operations—from hiring and risk management to network optimization and marketing—underscoring its strategy to future-proof the business and enhance commercial performance.
The Fertilizer and Pesticide Authority (FPA), an attached agency of the Department of Agriculture, in coordination with the Philippine National Police’s Criminal Investigation and Detection Group–National Capital Region (CIDG-NCR), has confiscated thousands of unregistered pesticide and fertilizer products valued at approximately P4 million.
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has secured a key endorsement from the Iloilo City Local Development Council (LDC) for its P5-billion Iloilo Bulk Water Supply Project, a major step toward improving long-term water security in the region.