The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...
THE NATIONAL GOVERNMENT’S (NG) gross borrowings declined by over 66% in April amid significantly lower domestic debt, the Bureau of the Treasury said. In its latest cash operations report, the ...
The US said it struck Iranian military sites over the weekend and Iran’s Revolutionary Guards said on Monday it had targeted a US base in response, the latest in a series of exchanges amid ...
THE Department of Energy (DoE) is projecting more grid alerts in the second half of the year, as the El Niño dry spell takes hold, pushing up power demand. At a briefing on Monday, Energy ...
THE ABOITIZ GROUP said it is exploring wider cooperation with Vietnam in energy, food production and infrastructure following discussions with Vietnamese President To Lam during his state visit to the ...
By Justine Irish D. Tabile, Senior Reporter THE National Government’s (NG) outstanding debt rose to a fresh record high of P18.49 trillion as of end-March, driven partly by the peso’s depreciation, ...
THE Department of Agriculture (DA) said it reached agreement with the pork industry to set a minimum farmgate price of P210 per kilogram for hogs on a liveweight basis. The floor price is designed to ...
MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...
Historically celebrated for its remarkable beauty and biodiversity, the Philippines’ archipelagic geography has emerged as a critical economic challenge. Today, logistics costs consume an alarming ...
THE Department of Energy (DoE) said the supply-demand balance situation on the Visayas grid could hit “critical” levels next year, resulting in a number of yellow alerts. “There’s potential critical ...
THE PESO rose versus the dollar on Thursday as expectations of elevated Philippine inflation fanned rate hike bets. The currency rebounded by 12 centavos to close at P61.625 versus the greenback from ...
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