Economy

PH economy up 8.3% in the 1st quarter of 2022

The Philippine Statistics Authority (PSA) reported Thursday, May 12, that the Philippine gross domestic product (GDP) posted an 8.3% increase in the first quarter of 2022 as the country further eased pandemic restrictions. 

PH employment situation improves with lower unemployment

The Philippines has recorded its lowest unemployment rate since the COVID-19 pandemic hit the country in early 2020, based on the recent report of the Philippine Statistics Authority (PSA). The PSA said...

Duterte signs Metropolitan Davao Dev’t Authority law

President Rodrigo Duterte has signed the Metropolitan Davao Development Authority (MDDA) bill into law, acting Presidential spokesperson and PCOO Sec. Martin Andanar announced Wednesday, April 27.

Duterte inaugurates CCLEX – new longest bridge in PH

President Rodrigo Roa Duterte led on Wednesday, April 27, the inauguration of the new longest bridge in the country, the Cebu-Cordova Link Expressway (CCLEX).

10-M pieces P1,000 polymer banknotes in circulation

The Bangko Sentral ng Pilipinas (BSP) said a total 10 million pieces of P1,000 polymer banknotes are currently in circulation.

BSP, PNP sue person who burned P20 banknote

The Bangko Sentral ng Pilipinas (BSP) and the Philippine National Police (PNP) Anti-Cybercrime Group filed a complaint against a 24-year old TikTok user who was caught in a video burning a P20 banknote.

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