Tag: PSA

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Philippine economy expands at a slower 4% in 3Q

The Philippine economy expanded 4.0 percent in the third quarter, its slowest pace since the COVID-19 pandemic, as household and government spending were weighed down by bad weather and a high-profile corruption probe into public works projects, the Philippine Statistics Authority reported Thursday.

Unemployment up slightly in September, fewer job seekers

The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.

Rice, poultry lift farm output in 3Q—PSA

The Philippines’ agriculture and fisheries sector posted moderate growth in the third quarter, buoyed by stronger rice and poultry production that offset declines in...

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).

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PEZA investments double to P216.5B in eight months

Investment approvals by the Philippine Economic Zone Authority more than doubled in the first eight months of 2026, putting the agency within reach of its P300-billion full-year target with four months remaining.

KairoTech, Packworks launch sari-sari retail media network

KairoTech and Packworks are developing a retail media network built around the Philippines’ ubiquitous sari-sari stores, creating a potential new advertising channel that links digital campaigns with consumer activity in local communities.

Converge backs Cebu MSMEs in TikTok Shop expansion

Converge ICT Solutions Inc. is extending digital support to Cebu entrepreneurs as government and industry partners seek to help micro, small, and medium enterprises turn social commerce into a sustainable growth channel.

SEC warns public vs fake Facebook pages impersonating Just Smile Lending Corp.

The Securities and Exchange Commission (SEC) has issued a public advisory warning against fraudulent Facebook pages falsely claiming to represent Just Smile Lending Corp., highlighting heightened regulatory vigilance to protect consumers and legitimate businesses.

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