PH farms getting empty: Agriculture job loss a worrying trend
National Statistician Dennis Mapa offers, the decline was due to “seasonality” since there was a reduction in planting activities during the period.
Philippines
Japan fighters in PH; first since World War II
The jets, which arrived at the tail end of the bilateral air force exchange, did not take part in kinetic exercises or a flight demonstration.
Lawmakers eyeing more changes in Philippine’s Sovereign Wealth Fun plan
Officials announced on Wednesday the removal of the Government Service Insurance System and the Social Security System from the list of funders for the fund.
China taking positions to deny PH access to key WPS areas
Chinese maritime militia vessels are edging closer to Palawan as part of a ploy to restrict access by Filipinos to key areas in the West Philippine Sea, a maritime law expert said.
Philippine lawmakers propose $4.9b sovereign wealth fund
It would be seeded with 275 billion pesos ($4.95 billion) from government financial institutions.
Are we ready for a sovereign wealth fund?
The concept of sovereign wealth funds is not new: some countries have more money than they need, and they use this to generate more money.
Marcos: Growth on track amid ‘rampant’ inflation
The President said the government is now trying to identify the areas of the economy that are the main drivers of that inflation.
Philippine inflation leaps to 14-year high in November
The faster-than-expected increase in November was due to rises in food and non-alcoholic beverage prices, which accounted for 58 percent of the overall price increase.
Philippines, South Korea among most expensive countries for travellers to withdraw from ATM
Average ATM fees in these countries range from 2.13 per cent to 2.68 per cent, said fintech giant Wise, which ranked ATM fees at Singaporeans’ favourite destinations.
Gov’t cuts economic growth forecast for 2023 to 6-7%
The Philippine peso is also expected to weaken in 2023 to the 55 to 59 against the US dollar, coming from the 54 to 55 range seen in this year.