Tag: PSA

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Philippine farm exports surge in September, narrows trade deficit

The Philippines’ agricultural trade deficit narrowed in September to USD932.2 million, helped by a strong growth in farm exports and a slight decline in imports, according to data from the Philippine Statistics Authority (PSA).

Palay output up 18 percent, corn dips in 3Q—PSA

Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA). 

September inflation accelerates, still below BSP target

Headline inflation in the Philippines quickened to 1.7 percent in September, the fastest pace since March, as rising transport, food, and restaurant costs drove up consumer prices, the Philippine Statistics Authority (PSA) reported on Tuesday.

Jobless rate hits 3-year high 5.3% in July amid storms

The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.

August rice stocks up, corn lower—PSA 

The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).

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Philippine stock to stall near resistance, peso to test lows

Philippine financial markets could face choppy trading ahead as investors weigh technical resistance levels in equities against fresh pressure on the peso from global risks, including elevated oil prices.

Philippines races to wrap key trade deals by mid-2026

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.

Philippines pitches takeover of nickel HPAL plant

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.

ADB lines up $280M loan to spur Philippine innovation

The Asian Development Bank is preparing an indicative USD280-million...

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