Tag: PSA

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Unemployment eases to 5.1%  in February

The Philippines’ job market showed tentative improvement in February, with the unemployment rate easing to 5.1 percent from 5.8 percent in January, according to data released Wednesday by the Philippine Statistics Authority.

Philippine inflation hits 4.1% on rising costs

Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.

Fewer babies, bigger choices reshape Philippine households

Filipino families are getting smaller, and no, it is not because storks filed for early retirement.

Jobless rate jumps in January as labor participation slips

More Filipinos joined the ranks of the unemployed in January, with fresh labor data pointing to a softer job market after the Christmas season surge despite pockets of hiring across several industries.

Babies, wedding bells, heartbeats in numbers

Life in the Philippines is a nonstop juggling act of diapers, wedding bells, and heart monitors. Babies arrive, couples say “I do,” and hearts occasionally tap out—all in a chaotic, beautiful rhythm that keeps the nation on its toes.

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BSP likely to tighten policy by 50 bps despite May inflation easing, amid persistent price risks

While headline inflation slowed to 6.8 percent in May from 7.2 percent in April, core inflation—which strips out volatile items—picked up to 4.1 percent from 3.9 percent, a key signal that underlying price pressures are strengthening, the Bank of the Philippine Islands (BPI) said on Friday.

Globe expands broadband access with new service hub in Angono

Globe has launched a new onsite distribution operations (OSDO) hub in Barangay Mahabang Parang, Angono, Rizal, bringing its broadband services, prepaid products, and direct customer support closer to residents and nearby communities.

Transport costs cool, but core inflation firms in May

Philippine headline inflation eased to 6.8 percent in May from 7.2 percent in April, coming in below the Bangko Sentral ng Pilipinas’ (BSP) projected range of 7.1 percent to 7.9 percent as transport costs and food price increases moderated, according to data released Friday by the Philippine Statistics Authority (PSA).

PLDT acquiring ownership of Radius Telecoms in fiber network deal

PLDT Inc. has entered into a share purchase agreement with Paragon Vertical Corp. to buy its 65.1 percent stake in Radius Telecoms Inc. This covers over 4.6 million common shares plus related beneficial holdings. Once the transaction closes, following required approvals from the Philippine Competition Commission and the National Telecommunications Commission, PLDT will hold 100 percent of Radius. The company said the move will not negatively impact its existing business, finances, or operations.

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