The Philippines saw a modest rise in construction activity in March 2025, as approved building permits reached 14,973, up 3.4 percent from 14,477 in the same month last year, according to the Philippine Statistics Authority.
Despite widespread access to basic education, nearly 25 million Filipinos—or about one in every five people aged 10 to 64 years old—are still “not functionally literate,” according to the Philippine Statistics Authority (PSA).
According data from the Philippine Statistics Authority, the number of working children aged 5 to 17 dropped to 863,000 in 2024 from 1.09 million in 2023 and 1.48 million in 2022. This marks a significant milestone in the country’s fight against child labor, bringing figures even lower than the pandemic-era low of 872,300 in 2020.
Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.
Foreign investment approvals plunged 82 percent in the first quarter to a total P27.99 billion compared to P155.26 billion in the same period last year, according to the Philippine Statistics Authority (PSA).
PLDT Global Corporation has teamed up with Pluxee Philippines (Pluxee) to empower millions of overseas Filipino workers (OFWs) to send gifts and essentials to their families back home via TinBo (Tindahan ni Bossing), the all-in-one digital marketplace created especially for OFWs.
The University of the Philippines (UP) and Converge ICT Solutions Inc. have signed a three-year Memorandum of Understanding (MOU) to develop a new generation of Filipino tech leaders equipped for an AI-driven global economy.
The Department of Public Works and Highways (DPWH) has signed an agreement with the Professional Regulation Commission (PRC) to permanently revoke the professional licenses of employees found guilty of involvement in substandard or “ghost” infrastructure projects.