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Xinhua world economic news summary at 0830 GMT, Feb. 7
MANILA -- 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. (Philippines-Manufac.....»»
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 […].....»»
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......»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
PSA to announce Q4 GDP figure today at 10 a.m.
The Philippine Statistics Authority (PSA) will announce its data on the Q4 GDP number at 10 a.m. this morning......»»
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......»»
Best, finest feted in PSA Awards Night
The cream of the crop of Philippine sports in 2023 will be feted in a celebration like no other with the staging of the 2023 edition of the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night today at the grand ballroom of the Diamond Hotel......»»
Obiena tops honor roll in PSA rites
EJ Obiena will be honored not just twice but thrice during the San Miguel Corporation-Philippine Sportswriters Association (PSA) Awards Night on Monday......»»
PSA turns over 2022 CBMS data to the municipality of Padre Burgos, Southern Leyte
PSA RSSO 8 Regional Director Wilma A. Perante cited in her Opening Message that it is the first DTC among the different LGUs in the region which implemented 2022 CBMS......»»
Fajardo, Bolden share limelight in PSA Awards
Two great individuals who excelled in their respective fields will be a big part of the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night at the Diamond Hotel......»»
Fuel Masters, Gin Kings begin PBA Philippine Cup bid
On deck and raring to make their runs in the PBA Season 48 Philippine Cup are two semifinalists from the PBA Commissioner’s Cup — Phoenix Super LPG and Barangay Ginebra......»»
PVL to hold 1st-ever rookie draft
For the first time in its seven-year history, the Premier Volleyball League will hold its first rookie drafting rites this July and will be done via lottery that the league would televise or live-stream for everyone to see......»»
Industrial Northwest Redevelopment Plan Includes Streetcar Extension and Housing
The Montgomery Park Area draft plan envisions a new neighborhood in an underutilized part of the city. by Taylor Griggs Northwest Portland has seen significant changes over the last several decades. The Pearl District and Slabtown neighborhoods, formerly dominated by industry, are now some of the citys chicest enclaveswith an impressive number of affordable housing developments and public transit options to boot. But Nort.....»»
DTI proposes perks for manufacturing, use of e-vehicles
The Department of Trade and Industry is coming up with a draft executive order for a proposed incentive scheme to encourage the manufacture and use of electric vehicles, which it hopes to present to President Marcos this year......»»
New lease on life for Salado
It hadn’t been smooth sailing for 5-9 guard Kent Salado in his PBA career. The rocky road has led Salado to Barangay Ginebra, NorthPort, NLEX and now, Phoenix since he was picked 27th overall on the second round in the 2019 draft......»»
Falcons Morris supports Cousins – No QB controversy with Penix
The Atlanta Falcons shocked fans and analysts alike in the first round of the NFL draft by selecting quarterback Michael Penix Jr. with the No......»»
Mandaue City dad pushes ‘heat break’ for field workers
MANDAUE CITY, Philippines — A councilor in Mandaue City is advocating for a ‘heat break’ for the city’s field personnel to shield them from extreme heat and ensure a safe and conducive work environment. Councilor Joel Seno proposed his resolution during the city council’s regular session on Monday, April 22. Under the draft resolution, field.....»»
Davao delivery riders push for Revenue Code changes
A DAVAO-based delivery group bared its intent to draft a position letter advocating for amendments to the 2021 Revenue Code......»»
2024 NFL Draft: 5 Potential 1st-Rounders Who Could Fall Further Than Expected
The New York Jets are gearing up for the upcoming NFL draft, with Georgia Bulldogs’ standout tight end Brock Bowers emerging as a popular pick.....»»
Japan policy paper to focus on US, Philippines to counter China
Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»