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Unemployed Filipinos down to 1.6 million in December 2023 — PSA

National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource:  metrocebuRelated NewsMar 16th, 2024

MAV suspension could lead to higher pork prices – importers

Meat importers have warned that pork prices could rise if the government would not immediately resolve the issues surrounding the minimum access volume (MAV) as import arrivals could be delayed......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

India among Asian countries hit by heatwave in 2023: UN report

Geneva (Switzerland)/ Bangkok (Thailand), April 23 (ANI): Asia was among the world's most disaster-hit region from weather, climate and water hazards in 2023, the United Nations said on Tuesday, with floods and storms the chief cause of casualties. Floods and storms caused the highest number of reported casualties and economic losses in Asia, while the impact of heatwaves became more severe, according to a report launched.....»»

Category: newsSource:  manilanewsRelated NewsApr 23rd, 2024

Camille kinuwestiyon ang pagiging nanay nang ipasyal ang anak sa Vietnam

  KINUWESTIYON ng Kapuso actress-TV host na si Camille Prats ang kanyang pagiging nanay nang dalhin niya ang anak na si Nala sa Vietnam. Nag-girls trip ang mag-ina recently sa ilang tourist destinations sa Vietnam bilang pakikiisa sa pagdiriwang ng International Women’s Month ngayong buwan ng Marso. Ibinahagi ni Camille sa kanyang Instagram account ang.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Government readies for surge in cruise tourism

The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Philippine food firms’ sales hit $133 million in Dubai fair

Philippine food companies generated $133 million worth of export sales from a food trade show held in Dubai last month, according to the Center for International Trade Expositions and Missions......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Jobless Filipinos hit 2 million in March 2024 — PSA

During a Wednesday morning press conference, national statistician and PSA chief Claire Dennis Mapa announced an uptick in the number of unemployed persons aged 15 and above to two million in March 2024, up from 1.8 million in February 2024......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Customs revives declaration forms for arriving international passengers at NAIA

THE filled out Customs declaration forms for arriving international passengers at the NAIA Terminals is being revived by the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA) and is now under pilot testing. BOC-NAIA district collector Atty Yasmin Mapa said that international passengers arriving in the country are now obliged to submit […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

Manila to host squash SEA Cup

The eighth SEA Cup Squash Championships will be held at the National Squash Center, Rizal Memorial Sports Complex, in June with 11 gold medals at stake in men’s singles, women’s singles, mixed team, men’s jumbo doubles, women’s jumbo doubles, mixed jumbo doubles, U23 jumbo doubles, U23 international doubles, men’s international doubles, women’s international doubles and mixed international doubles......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

Philippines records 2 million international visitors as of April 2024

The Philippines has welcomed over 2 million international tourists to the country as of April this year......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Iloilo International Airport receives P190 million for repairs, maintenance

Iloilo International Airport receives P190 million for repairs, maintenance.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Sydney Airport sees passenger traffic closer to pre-pandemic levels

SYDNEY, April 22 (Xinhua) -- Australia's Sydney Airport has seen a total of 10.3 million passengers pass through its terminals in the first quarter of this year, marking a 14.4-percent jump from the same period in 2023 and a 93.7 percent recovery compared to Q1 2019. As per a quarterly report on traffic and operational performance released on Monday, the airport's international terminal served 4.16 million passe.....»»

Category: newsSource:  manilanewsRelated NewsApr 22nd, 2024

Philippines air passenger volume balloons to 50 million

Air travel in the Philippines ballooned by more than half to 50.18 million passengers in 2023, but remains a mile behind pre-pandemic peak as demand for international flights is slow to pick up......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Sudan Conflict Fuels World s Largest Internal Displacement

Last week, the International Organization for Migration (IOM) reported that 10.7 million people have been uprooted from their homes in Sudan, including 9 million displaced internally-two-thirds since the conflict broke out in April 2023. Sudan now has the highest rate of internal displacement in the world, even surpassing Syria's 7.2.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024