Tag: PSA

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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).

Inflation accelerates in August on higher food prices

Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.

Drop in rice, poultry, fish prices could slow August inflation

A sharp decline in rice, poultry, and fish prices during the second half of August signals a favorable trend toward continued easing of inflation.

Regular milled rice price ease in early August—PSA data

The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.

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PNB hosts SSS and Pag-IBIG services for Filipinos in Japan

The Philippine National Bank (PNB) has received regulatory approval to allow the Social Security System (SSS) and Pag-IBIG Fund to hold client assistance and information sessions at its Tokyo and Nagoya branches.

RLC acquires Victoria Plaza site in Davao for redevelopment

Robinsons Land Corp. (RLC) has announced it will acquire the 9.6-hectare Victoria Plaza complex along JP Laurel Avenue in Davao City, as part of its expansion in key regional areas. The company did not disclose the purchase price.

Female executive breaks barriers in male-dominated spirits industry

In an industry long dominated by men, a top executive at Tanduay is proving that women are not minor participants—but essential—to its future.

VNH ramps up capability with Airbus H225 purchase

Vietnam Helicopter Corporation (VNH) has ordered three new Airbus H225 helicopters through its subsidiaries, Southern Vietnam Helicopter Company and Northern Vietnam Helicopter Company. The move aims to support the company’s growing offshore energy operations and replace older aircraft in its fleet.

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