Tourism resource consumption increased sharply in 2024 as the industry continued its post-pandemic rebound, driving significant rises in water use, energy demand, and carbon emissions, according to the latest data from the Philippine Statistics Authority (PSA).
Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.
A recent decision by the Philippine Statistics Authority (PSA) to revise the carcass conversion rate for certain livestock has sparked concern in the swine industry, which continues to struggle following the first African Swine Fever (ASF) outbreak in 2019.
The Philippine labor market held its ground in April, even as early signs of strain emerged beneath the surface. Unemployment inched up slightly to 4.1 percent, from 4.0 percent a year earlier, yet the economy still managed to add more jobs and keep employment rates above 95 percent—a level considered healthy by most standards.
The Philippine National Bank (PNB) has received regulatory approval to allow the Social Security System (SSS) and Pag-IBIG Fund to hold client assistance and information sessions at its Tokyo and Nagoya branches.
Robinsons Land Corp. (RLC) has announced it will acquire the 9.6-hectare Victoria Plaza complex along JP Laurel Avenue in Davao City, as part of its expansion in key regional areas. The company did not disclose the purchase price.
Vietnam Helicopter Corporation (VNH) has ordered three new Airbus H225 helicopters through its subsidiaries, Southern Vietnam Helicopter Company and Northern Vietnam Helicopter Company. The move aims to support the company’s growing offshore energy operations and replace older aircraft in its fleet.