The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...
(L-R) Martha Sazon, President and CEO of Mynt, the parent company of GCash; Tony Isidro, President and CEO of Fuse Financing Inc.; and Christine Engstrom Director General for Sectors Department 3 in ...
By Justine Irish D. Tabile, Senior Reporter THE National Government’s (NG) outstanding debt rose to a fresh record high of P18.49 trillion as of end-March, driven partly by the peso’s depreciation, ...
WASHINGTON/DUBAI — The US and Iran stuck to opposing stances on Thursday over Tehran’s uranium stockpile and controls on the Strait of Hormuz, although US Secretary of State Marco Rubio said there had ...
The Philippines’ manufacturing value added dropped to 15.7% of gross domestic product (GDP) in 2024, one of the lowest in the East Asia & Pacific region, according to the World Bank data. It trailed ...
THE Department of Agriculture (DA) said it reached agreement with the pork industry to set a minimum farmgate price of P210 per kilogram for hogs on a liveweight basis. The floor price is designed to ...
Historically celebrated for its remarkable beauty and biodiversity, the Philippines’ archipelagic geography has emerged as a critical economic challenge. Today, logistics costs consume an alarming ...
MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...
THE Department of Energy (DoE) said the supply-demand balance situation on the Visayas grid could hit “critical” levels next year, resulting in a number of yellow alerts. “There’s potential critical ...
The Philippines placed 146th out of 171 countries in the Global Food Security Index Q2 2022 developed by consultancy agency Deep Knowledge Analytics. The index was constructed from 40 food security ...
Over the past decade, condominiums have grown in popularity among Filipinos seeking new homes partly because of their versatility as a residential property and as a potential source of income. As more ...
The Philippines is exploring direct talks with foreign governments and encouraging local oil companies to seek alternative suppliers as the conflict in Iran enters its second week, Energy Secretary ...