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MANILA, Philippines — The number of poor Filipinos decreased to 22.4% in the first six months of 2023, down from the 23.7% recorded in the same period in 2021, according to data from the Philippine Statistics Authority (PSA).
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has terminated its contract with the supplier of the national ID cards for failure to deliver on its commitments.
MANILA, Philippines — The methodology for coming up with thresholds used by the government to determine poverty will be adjusted in 2025, the Philippine Statistics Authority (PSA) said, with the current food threshold deemed insufficient.
MANILA, Philippines — Rice inflation has slowed but it remains to be the number one contributor to overall food inflation at 20%, according to data from the Philippine Statistics Authority (PSA) on Tuesday.
MANILA, Philippines — Most Filipinos believe that President Ferdinand Marcos Jr. should focus on the Philippine economy, with inflation as the most pressing issue, according to the latest PUBLiCUS Asia Inc. survey released on Wednesday.
MANILA, Philippines — The administration will be better equipped to cushion the impact of rising prices, as well as to produce jobs, strengthen health care and boost infrastructure with its proposed P6.352-trillion national budget for next year, according to President Marcos.
MANILA, Philippines — The country’s jobless rate went up in May from the previous month as the number of people actively looking for work increased, according to the Philippine Statistics Authority (PSA).
MANILA, Philippines — The Philippine Statistics Authority (PSA), which is set to begin a nationwide population census next week, is reminding the public that refusal to take part in the data collection is punishable under the law.
MANILA, Philippines — The country's inflation rate rose to 3.9% in May 2024 due to increased transportation and electricity costs, according to the Philippine Statistics Authority (PSA).