Philippines Q1 GDP slows to 6.4%, but faster than forecast
MANILA - The Philippine economy expanded 6.4% in the first quarter from a year earlier, the statistics agency said on Thursday, topping expectations.
On a...
Power outage cancels flights at Manila’s international airport
The international airport at the Philippines' capital Manila experienced a power outage on Monday in one of its terminals which led to about forty flights being canceled, the airport said.
"Flight delays are expected due...
Metro Pacific plans delisting from stock exchange
MANILA - Philippine infrastructure conglomerate Metro Pacific Investments Corp said on Thursday its top shareholders will offer to buy out minority stockholders and conduct...
Philippine inflation eases for 2nd month, backs case for rate hike pause
MANILA - Philippine annual inflation eased for a second consecutive month in March on slower rises in food and transport costs, data showed on...
Philippines February CPI slows but rate hike still on the table
MANILA - Philippine annual inflation eased for the first time in six months in February owing to lower transport and food prices, but it...
Nov. trade deficit widest in 2 months; imports fall for first time in almost...
THE PHILIPPINES’ trade deficit widened to two-month high of $3.68 billion in November, as exports growth slowed while imports dropped for the first time...
PSA: Exports rise in Oct. while imports ease
The country’s trade balance of trade deficit further narrowed to a $3.307-billion deficit in October as exports growth rose while imports eased, the Philippine...
Manufacturing output increases in October
By Bernadette Therese M. Gadon
Factory output rose for the fifth straight month in October, the Philippine Statistics Authority (PSA) reported on Wednesday morning.
Preliminary results...
Oct. jobless rate hit record low of 4.5%
The country's unemployment rate continued to ease to record low of 4.5% in October under the 2005 revision of the Labor Force Survey, the...
Philippines inflation at 14-year high, backs case for 50 bps rate hike
MANILA - Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency said on Tuesday,...
October balance of payments at $711M surplus
The Philippines' overall balance of payments (BoP) position was a surplus of $711 million in October, lower than the $1.1 billion surplus recorded in...
Philippines posts Q3 GDP growth of 7.6%
MANILA - The Philippine economy expanded 7.6% in the third quarter from a year earlier, the statistics agency said on Thursday.
On a quarter-on-quarter basis,...