Balisacan says PHL must identify sources of vulnerability to geopolitical risk
THE government’s chief economic planner said the Philippines must minimize its exposure in case the geopolitical situation deteriorates, with analysts citing the potential of the China-Taiwan standoff to escalate.
New BCDA president is first woman head
THE new president of the Bases Conversion and Development Authority (BCDA) is a career official in the agency and the first woman to head it, the BCDA said in a statement on Sunday.
PHL posts 43.2% jump in deaths in 2021; births decline 10.7%
REGISTERED deaths rose 43.2% year on year to 879,429 in 2021, the second year of the pandemic, while births declined 10.7% to 1,364,739, the Philippine Statistics Authority (PSA) said.
Institutional population declines 9.7% in May
THE Philippines’ “institutional population” — which includes the incarcerated, members of religious communities, and residents of dormitories — declined 9.7% as of the end of May to 366,202, equivalent to 0.3% of the overall population, according to preliminary data from the Philippine Statistics Authority.
Consumer values in a world in crisis
By Maria Kathrina S. Macaisa-Peña
Consumers around the world are settling into life amid uncertainty, adapting by assigning greater importance to taking control over their finances and favoring sustainable practices.
Jobs rise, unions dip in 2020 — PSA
Employment in enterprises employing at least 20 workers rose as of June 2020, while unionized establishments decreased, the Philippine Statistics Authority reported on Friday.
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Fitch Solutions raises 2022 PHL GDP forecast to 6.6%
FITCH SOLUTIONS Country Risk and Industry Research said it raised its 2022 gross domestic product (GDP) growth forecast for the Philippines to 6.6%, citing its better-than-expected economic performance in the first half.
Efforts to make fertilizer more affordable ongoing — DTI
THE Trade department is in discussions to help bring down fertilizer prices for farmers, an official said on Thursday.
WB pledges support for PHL digitalization, government rightsizing
THE World Bank (WB) has expressed its intention to support the digitalization of Philippine government services en route to restructuring the bureaucracy, the Department of Finance (DoF) said.
NCR construction retail price growth at 13-year high of 6.8%
RETAIL PRICE growth of construction materials in the National Capital Region (NCR) was 6.8% in the first half, the highest level in 13 years, the Philippine Statistics Authority (PSA) said.
Industry lobby says earthquake highlights threat from substandard steel products
THE Philippine Iron and Steel Institute (PISI), an industry lobby, said substandard steel products continue to proliferate, noting the widespread destruction caused by the recent northern Luzon earthquake.
Intellectual property filings up 1.6% year on year in first half
FILINGS for intellectual property protection rose by 1.6% year on year in the first six months of 2022 amid a relaxation of quarantine restrictions, according to the Intellectual Property Office of the Philippines (IPOPHL).