The Philippine labor market showed a slight increase in unemployment in March, with the jobless rate rising to 3.9 percent from 3.8 percent in February, according to the Philippine Statistics Authority (PSA).
Philippine agriculture started the economy on a stronger footing in the first quarter, growing 1.9 percent, with better weather conditions and intensified government interventions helping the sector recover from a full-year contraction in 2024.
The Philippine trade deficit widened further to USD4.13 billion in March, as export growth failed to keep pace with the double digit expansion in imports, the Philippine Statistics Authority said Wednesday.
Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.
The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure.
Globe Business successfully convened the country’s top digital leaders for the second edition of “Cyberheist,” an immersive cybersecurity event designed to help organizations respond more effectively to evolving digital threats.
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.