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Philippines FDI net inflows drop by 29.6 pct in October
MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»
MCWD water deficit now affects 50,000 households in Metro Cebu
CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»
P25/kilo rice reaches more households in NegOcc
P25/kilo rice reaches more households in NegOcc.....»»
President Marcos vows to continue mitigating inflation impact
President Marcos has vowed to continue mitigating the impact of higher commodity prices on Filipino households as he welcomed the inflation downtrend recorded last month......»»
Cebu Province inflation rate soared in March 2024
CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
Get your crowns ready: SIX the Musical hitting Manila in October
The award-winning production "SIX the Musical" will be staged in the Philippines this October......»»
LANY to return to Philippines in October 2024
Pop-rock band LANY fulfilled their promise to return to Manila as they announced that they will bring their "A Beautiful Blur World Tour" to Philippine Arena on October 12. .....»»
Ma seeks justice after daughter dies due to ‘poor medical care’
Ma seeks justice after daughter dies due to ‘poor medical care’.....»»
Ma seeks justice after daughter dies due to ‘poor medical care’
Ma seeks justice after daughter dies due to ‘poor medical care’.....»»
Ma seeks justice after daughter dies due to ‘poor medical care’
Ma seeks justice after daughter dies due to ‘poor medical care’.....»»
Ma seeks justice after daughter dies due to ‘poor medical care’
Ma seeks justice after daughter dies due to ‘poor medical care’.....»»
Marcos on Easter Sunday: Share blessings to sick, poor, downtrodden
Marcos on Easter Sunday: Share blessings to sick, poor, downtrodden.....»»
‘P7 billion senior high vouchers went to non-poor’
Aside from around 19,000 “ghosts” or undocumented students receiving government assistance, more than P7 billion was spent on non-poor beneficiaries of the senior high school voucher program (SHS-VP), according to Sen. Sherwin Gatchalian......»»
TURNING POINT: Too Poor Against Poverty
NAAWAN, Misamis Oriental (MindaNews / 06 March) – Poverty is unquestionably the key driver of human trafficking. Crime syndicates, including religious groups, use the poor to advance their interest. Traffickers exploit women and children from rural communities, conflict- and disaster-affected areas, and impoverished urban centers in sex trafficking, forced domestic work, forced begging, and other […].....»»
Malabon releases P2.4 million aid for 800 poor residents
Over 800 poor residents from Malabon City received P2.4 million in financial assistance under the national government’s Assistance to Individuals in Crisis Situations on Friday......»»
Morissette Amon cries foul over alleged poor performance at corporate event
Singer Morissette Amon broke her silence over an alleged poor performance at a corporate event. .....»»
Personal memories of Cory on her 91st birthday
My favorite stories are those times she focused on directly helping the poor. She saw the poor as individuals with different needs and not just as economic indicators or poverty rates. . . That was why we created the President’s Social Fund......»»