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Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
PSA-7: Report to us if PhilSys ID not accepted
CEBU CITY, Philippines — The Philippine Statistics Authority in Central Visayas (PSA-7) urged Philippine Identification System (PhilSys) ID holders to report to the agency if some entities do not accept their IDs. PSA-7 chief administrative officer of Edwina Carriaga told CDN Digital in a phone interview that the agency is urging PhilSys ID (National ID).....»»
Median age for marriage among PH women is 28, says PSA
CEBU CITY, Philippines — The median age for marriage in the Philippines falls between ages 28 to 30, according to the latest data posted by the Philippine Statistics Authority (PSA). The PSA said, as per Vital Statistics, that the median age for marriage in the Philippines among women in 2022 was 28 years old. For.....»»
PSA turns over 2022 CBMS PSA-funded to 5th and 6th class municipalities in Southern Leyte
The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 08) and its Provincial Statistical Office (PSO) -Southern Leyte, turned over 100 percent of the 2022 Community-Based Monitoring System (2022 CBMS) results to the 5th and 6th class Local Government Units of Southern Leyte......»»
PSA turns over 2022 CBMS PSA-funded to 5th and 6th class municipalities in Southern Leyte
The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 08) and its Provincial Statistical Office (PSO) -Southern Leyte, turned over 100 percent of the 2022 Community-Based Monitoring System (2022 CBMS) results to the 5th and 6th class Local Government Units of Southern Leyte......»»
Digital times call for digital measures
The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»
PSA-RSSO 8 awards Outstanding Stakeholders in Eastern Visayas
The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 8) recognized its partner organizations and individuals who have been instrumental in the success of PSA programs and activities for the past 10 years......»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
Jollibee named world’s 2nd fastest-growing restaurant brand
Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»
Converge dominates Ookla’s Speedtest Awards, now reigns as Philippines fastest internet
Fiber internet provider Converge ICT Solutions has dominated the Ookla Speedtest Awards in the second half of 2023 and has been declared as the Fastest Internet Service Provider in the Philippines, toppling competition which held the title for the past five years......»»
Loss of Russian gas has hurt German economy - minister
The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»
Losing Russian gas has hurt Germany s economy - minister
The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Megaworld raises P500 million from sale of MREIT shares
Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»
Philippines to lead ASEAN in growth this year
The Philippines is projected to be the fastest-growing economy in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office......»»
Chinese economy to moderate in 2024: ADB
Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
Philippines to lead growth in ASEAN+3
The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»