Tag: PSA

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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).

Palay output up 18 percent, corn dips in 3Q—PSA

Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA). 

September inflation accelerates, still below BSP target

Headline inflation in the Philippines quickened to 1.7 percent in September, the fastest pace since March, as rising transport, food, and restaurant costs drove up consumer prices, the Philippine Statistics Authority (PSA) reported on Tuesday.

Jobless rate hits 3-year high 5.3% in July amid storms

The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.

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EastWest in Tesla Philippines exclusive August 10 electric vehicle event 

East West Banking Corporation (EastWest) has teamed up with Tesla Philippines once again to give its select clients special access to premium electric vehicle experiences and offers. This follows the success of their first private gathering held last May 2026 at Tesla Center Manila.

BPI digital supply chain financing triples in value amid rising business adoption

Bank of the Philippine Islands (BPI) is speeding up the digital transformation of business financing, with transactions under its Digital Supply Chain Financing Program growing more than three times in value during 2025. This sharp increase shows that more companies and suppliers across the country are choosing to use the service.

₱38 trillion forest plan to create jobs, boost rural livelihoods

The Department of Environment and Natural Resources (DENR) has introduced a new policy to unlock an estimated ₱38 trillion in production value from Philippine forests between 2027 and 2052, aiming to create jobs and raise rural incomes while protecting natural resources. DENR Administrative Order No. 2026-34 sets clear rules to identify and develop suitable forest lands through responsible, climate-friendly investments.

Semirara profit climbs as power offsets weaker coal business

Integrated energy company Semirara Mining and Power Corp. (SMPC) posted higher second-quarter earnings as a strong rebound in its power business more than compensated for weaker coal production, highlighting the benefits of its integrated business model amid volatile energy markets.

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