Marcos sets water infrastructure deadline amid El Niño
The El Niño phenomenon, along with the impact of high interest rates, has prompted the government to give up on hitting 8-percent economic growth, the upper end of its target…
Ian Nicolas P. Cigaral
Philippine unemployment rate down to 4.2% in Oct
However, more people sought additional working hours to augment their income, an indication that job quality declined during the month.
Philippines revenue authorities to tell influencers pay up or else face charges
The Bureau of Internal Revenue (BIR) said it was relying on the influencers’ voluntary compliance as taxing them “might take some time” because their income generally comes…
Joblessness tipped to increase in Philippines
The number of jobless Filipinos slightly rose to 2.26 million in September from 2.21 million in the previous month. This translated to an unemployment rate of 4.5 percent in…
Philippine economy grew by 5.9% in Q3
Socioeconomic Planning Secretary Arsenio Balisacan said the government would have to grow by 7.2 percent in the final quarter of the year to attain at least the low-end of the…
BOC: PH rice imports unfazed by global shortage
Government data showed Customs collected P16.81 billion from rice tariffs from January to August, up 6 percent year-on-year.
Philippines’ budget deficit swelled in September as revenues sagged
Meanwhile, expenditures managed to grow 8.06 per cent year-on-year in September to P506.3 billion, albeit slower than the 9.66 per cent expansion recorded in August.
PH inflation rose to 6.1% in Sept as food prices, transport cost soared
The central bank last month maintained a “hawkish pause” for the fourth consecutive meeting, while expressing its readiness to tighten more as inflation continues to crimp…