Tag: PSA

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Philippine economy expands at a slower 4% in 3Q

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.

Unemployment up slightly in September, fewer job seekers

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.

Rice, poultry lift farm output in 3Q—PSA

The Philippines’ agriculture and fisheries sector posted moderate growth in the third quarter, buoyed by stronger rice and poultry production that offset declines in...

Food price slowdown keeps inflation steady at 1.7% in October

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.

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).

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Moms turns side hustles into thriving businesses

Filipino mothers are increasingly becoming “mompreneurs,” turning home-based side hustles into sustainable businesses with the help of digital technology and online communities.

Security Bank, ACI win Asia-Pacific Payments Award

ACI Worldwide and Security Bank Corporation won the “Best Payment Technology Initiative in Asia Pacific” at the The Asian Banker Global Financial Technology Innovation Awards 2026 for upgrading the bank’s payment system.

EastWest renews Donny Pangilinan deal to reach young Filipinos

East West Banking Corporation has renewed actor and digital personality Donny Pangilinan as its brand ambassador for another year as the bank strengthens its push to connect with younger Filipinos through digital banking.

Globe activates emergency plan to keep services running amid energy crisis

Telecommunications company Globe Telecom said it has activated its business continuity plan (BCP) following the government’s declaration of a State of National Energy Emergency, assuring customers that mobile and internet services will continue operating with minimal disruption.

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