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    Tag: PSA

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    National ID integrated with SBCorp App for MSME loans

    The Philippine Statistics Authority (PSA) has integrated its National ID authentication services with the Small Business Corporation’s (SBCorp) mobile application for loan applications of Micro, Small, and Medium Enterprises (MSMEs).

    Palay, corn output to rise in 2Q—PSA 

    The country’s palay and corn production for the second quarter is projected to record double-digit increases, the latest estimates of the Philippine Statistics Authority. As...

    Tourism growth in 2024 fuels rise in resource use

    Tourism resource consumption increased sharply in 2024 as the industry continued its post-pandemic rebound, driving significant rises in water use, energy demand, and carbon emissions, according to the latest data from the Philippine Statistics Authority (PSA).

    Rice price drop in June may slow inflation; broader risks remain

    Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).

    Palay, corn output expected to surge Q2—PSA estimate

    Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.

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    Lender boosts loan program with special rates, perks

    The Bank of the Philippine Islands (BPI) is reinforcing its commitment to empowering Filipinos by enhancing accessibility to its services. Through its suite of retail loan products, BPI is helping make vehicle, home, and motorcycle ownership more achievable while offering special anniversary rates, waived fees, and exclusive partner discounts.

    AllHome 1H profit plunges on weak property demand

    AllHome Corp., the retail and wholesale arm of the Villar Group, reported a steep decline in profit for the first half of the year, citing soft demand for construction and furnishing products amid a sluggish real estate market.

    Fed chair Powell hints at September rate cut 

    Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.

    DA eyes quality shift as imported rice gains ground

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has instructed the Rice Industry Development Office (RIDO), led by Undersecretary Christopher Morales, to closely examine the apparent shift in Filipino rice preferences, as demand for imported rice—particularly Vietnamese varieties—continues to grow.

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