Filipinos remain ‘highly proficient’ in the English language

The Philippines climbed two places to rank 20th out of 113 countries in the 2023 edition of the English Proficiency Index (EPI) by international education company Education First (EF).

How minimum wages compared across regions in October

(After accounting for inflation) In October, inflation-adjusted wages were 15.3% to 22.8% lower than the current daily minimum wages across the regions in the country....

Analysts’ Expectations on Policy Rates (November 2023)

THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to keep benchmark interest rates steady at its meeting on Thursday, after inflation eased to a three-month low in October.

Philippines’ quarterly GDP performance

A RECOVERY in government spending helped the Philippine economy bounce back in the third quarter, putting it on track to post the fastest growth...

Philippines slips further in talent competitiveness list

THE PHILIPPINES has dropped four spots in an index that ranked countries based on their ability to attract and retain talent.

Performance of Philippine Agriculture

THE PHILIPPINES’ agricultural output shrank for a second straight quarter in the July-to-September period mainly due to declines in crops and fisheries production, the Philippine Statistics Authority (PSA) said.

Headline inflation rates in the Philippines

ANNUAL INFLATION sharply slowed in October after two straight months of acceleration, reflecting easing prices of key food items, the Philippine Statistics Authority (PSA)...

Philippine Merchandise Trade Performance (September 2023)

THE COUNTRY’S trade-in-goods deficit in September narrowed to its lowest level in nearly a year after a decline in exports and imports, preliminary data...

Manila inches up in Global Cities Index

Manila went up two places to 70th out of 156 cities in the 2023 edition of the Global Cities Index by management consulting firm...

Analysts’ Q3 2023 GDP estimates

PHILIPPINE economic growth likely picked up in the third quarter amid a recovery in government spending, although elevated inflation and high interest rates may have dampened household consumption, analysts said.

Analysts’ October inflation rate estimates

HEADLINE INFLATION likely eased to below 6% in October due to lower prices of some food items and a rollback in pump prices, analysts said.

Philippines lags in 2023 Asia-Pacific AI readiness ranking

The Philippines’ overall artificial intelligence (AI) readiness score worsened to 35.7 (out of 100), lagging behind its peers in the 2023 Asia-Pacific AI Readiness...
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