Tag: PSA

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Inflation creeps up in January as bills bite back

Headline inflation in the Philippines nudged higher to 2.0 percent in January, a gentle but telling start to the year.

Philippine farm trade gap shrinks in December

The Philippines’ agricultural trade deficit narrowed sharply in December, buoyed by a strong rebound in farm exports and a pullback in imports, offering a late-year boost to the country’s external trade position.

Revisions trim Q3 GDP growth to 3.9%

The Philippine economy grew slightly less than initially reported in the third quarter of 2025, after official data revisions shaved a tenth of a percentage point off headline growth.

National ID integration fuels digital finance growth

The integration of the National ID system with financial and public service platforms is gaining momentum, promising faster transactions, tighter security, and broader financial inclusion across the Philippines.

Construction slump deepens amid flood control scandal

Construction activity in the Philippines continued to weaken in November 2025, with approved building permits pointing to a sustained slowdown as developers adopt a more cautious stance. 

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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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