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PSA warns against payment collections for national ID

THE PhilID, the national identification card that will be rolled out soon by the government, would be free of charge for the initial issuance, the Philippine Statistics Authority (PSA) reminded the public.

At the crossroads

The ongoing trade tension between the United States (US) and China — the world’s two largest economies — continues to intensify as they wrangle...

August factory output growth slows

MANUFACTURING output continued to expand in August albeit at a slower pace compared to a month earlier, the Philippine Statistics Authority (PSA) reported last Friday.

A construction boom and a thriving cement industry

Construction activities in the Philippines are swelling. According to the Philippine Statistics Authority (PSA), the total number of constructions in the second quarter of...

Approved building permits rise 11.7% in Q2 — PSA

CONSTRUCTION starts, based on approved building permits, grew 11.7% year-on-year, driven by non-residential projects, the Philippine Statistics Authority (PSA) said.

Approved foreign investment pledges up by 70% in second quarter

Approved foreign investment pledges rose by 70.4% in the second quarter, its highest in almost three years, the Philippine Statistics Authority said. Preliminary PSA data...

Statistics body: GDP rebasing to wait

THE PHILIPPINE STATISTICS AUTHORITY (PSA) will hold off till 2020 the use of a new baseline for measuring economic growth.

PSA preparing terms for national ID auction process

THE implementing agency for the Philippine Identification System Act said it is preparing the terms to auction the design contract for the infrastructure underlying the national identification (ID) system.

Fisheries output rises 2.64% in second quarter, aquaculture leads

FISHERIES output rose 2.64% year-on-year to 1.13 million metric tons (MT) in the second quarter, the Philippine Statistics Authority said.

Which region has the highest proportion of First Class municipalities?

The Department of Finance classified the Philippines' provinces, cities, and municipalities according to their average annual income.

Labor turnover rate grows nearly 2% in first quarter

Employment among firms grew by 1.94% in the first quarter of 2018, results of the Philippine Statistics Authority’s first nationwide Labor Turnover Survey showed. This...

Industry revenue growth eases in first quarter

REVENUE across all industries grew in the first quarter of 2018 but eased from a year ago, the government reported yesterday.

Industry revenue growth slows in first quarter

Revenue across all industries grew 6.9% in the first quarter, data from the Philippine Statistics Authority's (PSA) Quarterly Economic Indices report showed. This was...

Trade gap widens as exports drop to its lowest in almost...

The Philippines' trade deficit expanded in April as imports grew by double-digits while exports contracted for the fourth straight month, the Philippine Statistics Authority...

Out-of-school population declines in 2017, PSA says

THE population of persons of school-going age who were not in school dropped to 3.6 million in 2017 from 3.8 million a year earlier, the Philippine Statistics Authority (PSA) said.

Tourism share of GDP hits 18-year high in 2017

THE TOURISM industry’s contribution to the economy was the highest in 18 years in 2017, the Philippine Statistics Authority (PSA) said.

Q1 building permit approvals up

THE NUMBER of approved building permits continued to grow in the first quarter albeit at a slower rate compared to a year earlier as well as a quarter earlier, the government reported yesterday.

Tourism contribution to GDP highest in 18 years

Tourism’s contribution to the Philippine economy, as measured by the share of tourism direct gross value added (TDGVA), was highest in 18 years, the...

Approved construction permits rise in first quarter

The number of approved building permits continued to grow in the first quarter albeit slower amid a decline in residential construction projects. Preliminary results from...

Government flags inflation concern

INFLATION clocked slower than expected in May but still marked the fastest clip in more than five years and kept the year-to-date pace past the government’s 2-4% target for 2018, prompting state economic managers to express concern and assure the public of action in separate statements on Tuesday.

Factory output expansion fastest in eight years

Factory production expanded in April to its fastest pace in eight years, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA's...

PSA: Mining sector attracted most applicants between Jan. 2015 and June...

THE mining and quarrying industry was the most competitive in terms of the ratio of job applicants to available professional positions between Jan. 2015 and June 2016, the Philippine Statistics Authority (PSA) said.

Building the country’s future

By Mark Louis F. Ferrolino, Special Features Writer With the “Build, Build, Build” infrastructure program of the Duterte administration, the cement industry is now at the...

In which industries do employees work the longest hours per week?

According to the 2017 Gender Statistics on Labor and Employment (GSLE) report released by Philippine Statistics Authority, these are the average working hours per week...

Trade gap grows as exports drop

MERCHANDISE EXPORTS in February fell for the first time in 15 months while imports continued to grow by double digits leading to a wider...

Better and tastier through time

From a relatively small and unpopular sector, baking in the Philippines has grown into a large industry that provides greater business and employment opportunities....

Trade gap continues to widen as imports outpace exports in January

THE Philippines’ trade deficit continued to widen in January with imports rising by double-digits amid flat exports growth. Preliminary data released yesterday by the Philippine...

Workplace injuries fall in 2015 — PSA

By Ranier Olson R. Reusora, Researcher REPORTED CASES of occupational injury declined around 13.7% in 2015 compared with the previous survey covering 2013, the Philippine Statistics...

Economy expands at 6.6% in fourth quarter, 6.7% in 2017

The Philippine economy posted 6.6% gross domestic product (GDP) growth in the fourth quarter, the Philippine Statistics Authority (PSA) reported this morning. The October-December outcome...

December inflation hits 3.3%, gov’t says

By Jochebed Gonzales, Senior Researcher Prices of widely used goods logged in 3.3% year-on-year increase in December, sustaining growth observed in the previous month, the Philippine...

Poll sees Oct. inflation at three-year high

By Melissa Luz T. Lopez Senior Reporter INFLATION could have picked up in October amid rising fuel, utility, and food prices to possibly hit a three-year...

Cemented contributions

According to Oxford Business Group (OBG), the effects of the sustained economic growth of the Philippines have been obvious in the construction industry, which...

Poll: Aug. inflation could be 3-month top

By Melissa Luz T. Lopez Senior Reporter THE OVERALL HIKE in prices of widely used goods and services could have quickened in August to its fastest...

Domestic trade grows in 2016

THE Philippine Statistics Authority (PSA) reported an increase in the country’s domestic trade in terms of value and quantity in 2016 on the back...

Consumption fuels job gains

>> Read the related story: Unemployment rate found lowest in 10 years

Merchandise export and factory output performance

  >> Read the related story: Oct. export, factory data bare Q4 growth challenges