Philippine GDP growth slowed to 2.1% in the third quarter of 2026, down from 2.4% in the previous quarter, according to the Philippine Statistics Authority (PSA) on November 9. The …
Economy
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The Philippine unemployment rate climbed to 5.4 percent in September 2026, leaving approximately 2.86 million Filipinos without work, according to preliminary figures from the Philippine Statistics Authority (PSA). The latest …
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Malampaya gas delivery marks an important development in the Philippines’ efforts to strengthen its domestic energy supply, following the activation of newly developed offshore wells led by President Ferdinand Marcos …
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Philippine inflation October 2026 climbed to 7.8%, up from 7.2% in September, as rising transportation and housing costs continued to put pressure on household budgets, according to the Philippine Statistics …
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MANILA, Philippines – Philippine manufacturing activity contracted for a second consecutive month in October, as weaker domestic and international demand continued to weigh on factory production, new orders, and employment. …
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Intra-household poverty Philippines is emerging as a critical issue, with new PIDS findings showing that some individuals in “non-poor” households may still live in deprivation due to unequal resource distribution …
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Financial inclusion Philippines continues to lag despite rapid digital finance growth, with millions still outside the formal banking system even as e-wallet and online payment usage expands nationwide, a PIDS …
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BusinessEconomy
Natural Textile Fiber Innovation Hub in Laguna drives textile innovation, boost local livelihood among farmers and weavers
Natural Textile Fiber Innovation Hub Laguna marks a significant step in advancing sustainable textiles in the Philippines, as the Department of Science and Technology officially launched the facility to support …
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BusinessEconomy
PH to Receive 1.04 Million Barrels of Diesel Next Week as Government Moves to Stabilize Fuel Supply
1.04 million barrels diesel Philippines shipment is set to arrive next week, as authorities move to secure fuel supply and reduce pressure from rising global oil prices affecting local markets. …
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Petron sale to government Philippines discussions intensified after San Miguel Corporation CEO Ramon Ang signaled openness to transfer the oil giant to state control, raising fresh questions about energy security, …
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