Economy

PH fastest-growing internet economy in Southeast Asia in 2024 — DTI

By Dean Aubrey Caratiquet According to a recent report by Google, Temasek, and Bain & Co., the Philippines showed a 20% growth of the overall digital economy based on Gross Merchandise Value,...

PBBM signs law to address jobs mismatch, boost career dev’t

By Brian Campued and Dean Aubrey Caratiquet Reaffirming the administration’s commitment to fostering a globally-competitive workforce, President Ferdinand R. Marcos Jr. on Thursday signed a new measure to address job-skill mismatch and...

Calabarzon, C. Visayas boards OK minimum wage hike

By Ferdinand Patinio | Philippine News Agency The Regional Tripartite Wages and Productivity Boards (RTWPBs) of Region 4-A (Calabarzon) and Region 7 (Central Visayas) have issued wage orders granting increases in the...

Oil price rollback as much as P2/liter set May 14

By Kris Crismundo | Philippine News Agency  Oil companies will slash petroleum prices as much as P2 per liter on May 14. In separate advisories, Caltex, Cleanfuel, Jetti, Seaoil, and Shell said they...

Unemployment rate drops to lowest level since 2005 – NEDA

The unemployment rate in the country dropped to 3.6% in November 2023, the lowest recorded unemployment rate since the Philippine Statistics Authority introduced a new methodology for measuring the Labor Force Survey in 2005.

PH one of top performing Asian countries in 2023

Anna Leah Gonzales | Philippine News Agency The Philippine economy grew by 5.9% in the third quarter of the year, bringing the year-to-date economic growth to 5.5%. National Economic and Development Authority (NEDA)...

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