Labor force survey
THE RANKS of jobless Filipinos in October thinned to the lowest level in 11 years, as growth in construction and services fueled job generation. Read the full story.
Asian development outlook supplement
THE PHILIPPINES will continue to outdo most of its Asia-Pacific counterparts this year and next as a strong infrastructure push adds to “robust domestic demand” that has long been a driver of economic growth, according to an Asian Development Bank (ADB) report yesterday that showed the country bagging the biggest projection upgrades among economies tracked. Read the full story.
Foreign direct investments in the Philippines
NET foreign capital inflows to the Philippines plunged in September to a three-month low with marked declines across investment platforms, even as the year-to-date tally remained on track to hit the government’s full-year forecast, the central bank reported yesterday. Read the full story.
Philippine trade, factory output year-on-year performance
SMALL BANKS can now resume setting up branches in key Metro Manila cities previously closed off to new entrants, as part of Bangko Sentral ng Pilipinas (BSP) moves to reopen the financial system even further to more players. Read the full story.
Adult joblessness rate
THE RANKS of Filipinos who found themselves jobless thinned last quarter, marking the lowest level in close to nine years in a Social Weather Stations (SWS) survey that also bared improved optimism on job availability in the next 12 months. Read the full story.
