Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.
The Philippine economy expanded 4.0 percent in the third quarter, its slowest pace since the COVID-19 pandemic, as household and government spending were weighed down by bad weather and a high-profile corruption probe into public works projects, the Philippine Statistics Authority reported Thursday.
The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.
The Philippines’ agriculture and fisheries sector posted moderate growth in the third quarter, buoyed by stronger rice and poultry production that offset declines in...
Philippine headline inflation held steady at 1.7 percent in October 2025, unchanged from September and slower than the 3.0 percent recorded a year earlier, as food and transport costs continued to ease, the Philippine Statistics Authority (PSA) reported.
The Philippines is accelerating negotiations for several free trade agreements (FTAs), with officials aiming to conclude key deals by mid-2026 to widen market access for local exporters.
The Philippine government is inviting foreign investors to take over a high-pressure acid leach (HPAL) nickel processing facility in Palawan that could cease operations by 2027, as officials move to preserve the country’s role in the global battery minerals supply chain.
Renewable energy developer SN Aboitiz Power (SNAP) expects to complete 56 megawatts (MW) of new battery energy storage system (BESS) capacity in 2026, increasing its total capacity to 729 MW from the current 673 MW.