In 2023, the poverty rate among Filipino families dropped to 10.9%, with approximately 3.0 million families living below the poverty line. The FIES, conducted in July...
Personal remittances from Overseas Filipinos (OFs) increased by 3.7% to $2.88 billion in May 2024, up from $2.78 billion in May 2023. This growth was driven...
The National Economic and Development Authority (NEDA) stresses the urgent need for the Philippines to boost investments and improve exports to build a strong and resilient...
The manufacturing sector saw an annual decline in producer prices in May 2024, according to the Philippine Statistics Authority (PSA). The Producer Price Index (PPI) dropped...
Bangko Sentral ng Pilipinas (BSP) released a report on June 17, 2024, stating that personal and cumulative remittances from Overseas Filipinos (OFs) increased in April. According...
With the rising popularity of travel shows and travel vlogging, not to mention the regular sharing of videos and photos on social media, it only takes...
Fitch Ratings has reaffirmed the Philippines’ ‘BBB’ credit rating with a stable outlook, a status held since December 2017. This reflects the country’s strong economic fundamentals....
The World Bank sees positive growth in the country’s economy in the next few years. According to the World Bank, they expect the average growth will...
The Department of Trade and Industry (DTI) and SteelAsia Manufacturing Corporation are working together to boost steel production to meet the growing demand for steel in...
The peso continued to weaken to PHP58.27 against the US Dollar last Tuesday, May 22, 2024 — the lowest since November 2022. Bangko Sentral ng Pilipinas...
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