Philippines’ August joblessness eases

UNEMPLOYMENT in the Philippines eased to 4% in August as more female workers got hired in the service sector, the local statistics agency said on Tuesday.

August factory output drops on electronics, food

FACTORY OUTPUT dropped to a four-month low in August due to slower growth in electronics and food manufacturing, according to the Philippine Statistics Authority (PSA).

WB raises PHL’s 2024, 2025 growth forecasts

THE World Bank (WB) has raised its economic growth forecasts for the Philippines for this year and in 2025, driven by improved service exports...

Four more PHL airports to be privatized next year

AT LEAST four more Philippine airports in the countryside are expected to be privatized in 2025, the Department of Transportation (DoTr) said last week.

Refining a legacy of excellence

BARBARA “BAMBI” G. TAN, president and chief executive officer (CEO) of A.D. Gothong Manufacturing Corp., (ADGMC) is committed to delivering only top-notch quality.

Dollar reserves hit record $112 billion

THE PHILIPPINES’ gross international reserves (GIR) rose to a record high at end-September, the Bangko Sentral ng Pilipinas (BSP) said on Monday.   

PHL, Korea to study Bataan Nuclear Power Plant revival

THE PHILIPPINES and South Korea on Monday signed six agreements, including one that calls for a feasibility study on the rehabilitation of the mothballed Bataan Nuclear Power Plant (BNPP), as they upgraded bilateral ties to a strategic partnership.

Economic managers may meet to review targets before yearend

THE DEVELOPMENT Budget Coordination Committee (DBCC) may raise the gross domestic product (GDP) growth target for this year amid slowing inflation and improved government...

Leveraging technology to uplift Filipino talent

IN THE DOMAIN of information technology - business process management (IT-BPM), Macario S. Fojas has emerged as a distinguished figure. He co-founded Seven Seven Global Services, Inc., which highlights the ingenuity and dedication of Filipino talent.

Philippines, South Korea upgrade ties to strategic partnership

MANILA - Philippine President Ferdinand Marcos said on Monday his country and South Korea have upgraded bilateral ties to a strategic partnership, as he...

Lending growth fastest in nearly 2 years

BANK LENDING GROWTH hit a 20-month high in August, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Slowing inflation gives Philippine central bank room for more cuts

THE LATEST September inflation print and improving outlook will give the Bangko Sentral ng Pilipinas (BSP) more than enough room to cut benchmark rates...