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.
Filipino women are increasingly asserting themselves in the workforce and playing a more prominent role in shaping the nation’s future, according to the latest data from the Philippine Statistics Authority (PSA).
The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.
The Bank of the Philippine Islands (BPI) is reinforcing its commitment to empowering Filipinos by enhancing accessibility to its services. Through its suite of retail loan products, BPI is helping make vehicle, home, and motorcycle ownership more achievable while offering special anniversary rates, waived fees, and exclusive partner discounts.
AllHome Corp., the retail and wholesale arm of the Villar Group, reported a steep decline in profit for the first half of the year, citing soft demand for construction and furnishing products amid a sluggish real estate market.
Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has instructed the Rice Industry Development Office (RIDO), led by Undersecretary Christopher Morales, to closely examine the apparent shift in Filipino rice preferences, as demand for imported rice—particularly Vietnamese varieties—continues to grow.