The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...
(L-R) Martha Sazon, President and CEO of Mynt, the parent company of GCash; Tony Isidro, President and CEO of Fuse Financing Inc.; and Christine Engstrom Director General for Sectors Department 3 in ...
By Justine Irish D. Tabile, Senior Reporter THE National Government’s (NG) outstanding debt rose to a fresh record high of P18.49 trillion as of end-March, driven partly by the peso’s depreciation, ...
WASHINGTON/DUBAI — The US and Iran stuck to opposing stances on Thursday over Tehran’s uranium stockpile and controls on the Strait of Hormuz, although US Secretary of State Marco Rubio said there had ...
The Philippines’ manufacturing value added dropped to 15.7% of gross domestic product (GDP) in 2024, one of the lowest in the East Asia & Pacific region, according to the World Bank data. It trailed ...
PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. on Monday appointed Finance Secretary Ralph G. Recto as the new executive secretary and economic czar Frederick D. Go to take over the Finance department, ...
THE human rights situation in the Philippines remains defined by a deeply entrenched culture of impunity and the continued occurrence of unlawful killings under the administration of President ...
Agentic AI is now 10x faster and a fraction of the cost of human labor. A billing model built around hours of human time is no longer just inefficient — it is structurally incompatible with the ...
MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...
THE PESO rose versus the dollar on Thursday as expectations of elevated Philippine inflation fanned rate hike bets. The currency rebounded by 12 centavos to close at P61.625 versus the greenback from ...
Historically celebrated for its remarkable beauty and biodiversity, the Philippines’ archipelagic geography has emerged as a critical economic challenge. Today, logistics costs consume an alarming ...
THE Department of Energy (DoE) said the supply-demand balance situation on the Visayas grid could hit “critical” levels next year, resulting in a number of yellow alerts. “There’s potential critical ...
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