For the first time since the pandemic in April last year, the unemployment rate here has dropped to 6.9% in July, according to the Philippine Statistics Authority (PSA) July 2021 Labor Force Survey (LFS).
Department of Finance (DOF) Secretary Carlos Dominguez III said Monday government debt and its share of domestic economic output rose last year due to pandemic-related spending but this remained fiscally viable and sustainable.
The Bangko Sentral ng Pilipinas (BSP) remains vigilant of evolving global and domestic price conditions and stands ready to deploy appropriate monetary policy tools necessary to safeguard its price and financial...
The assets under management (AUM) of trust entities in the Philippines posted a year-on-year growth of 41.3 percent in March 2021, bringing industry AUM to Php 4.6 trillion. The growth was...
The Development Bank of the Philippines (DBP) signed a memorandum of agreement (MOA) with the Department of Agriculture (DA) to facilitate the disbursement of financial assistance to the agriculture sector.
DBP President...
"We are pleased to report that the Philippine economy strongly recovered in the second quarter of 2021. The robust performance is driven by more than just base effects. It is the result of a better balance between addressing COVID-19 and the need to restore jobs and incomes of the people."
