Tag: PSA

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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.

Palay prices soften further in July as global price slips—PSA data

The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.

Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

1Q GDP growth holds at 5.4% after revisions

Revisions to the first-quarter gross domestic product (GDP) kept economic growth steady at 5.4 percent, the Philippine Statistics Authority (PSA) said. Data for second-quarter GDP...

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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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