Economy

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)...

Philippines’ poverty rate drops to 22.4 percent in first half of 2023

The country's poverty rate declined to 22.4% in the first six months of the year from 23.7% in the same period in 2021. Philippine Statistics Authority (PSA) Undersecretary and National Statistician Claire...

Slower inflation testament to PBBM’s commitment in stabilizing economy

By Jose Cielito Reganit | Philippine News Agency The notable easing in inflation, from 4.9 percent in October to 4.1 percent in November, is a testament to President Ferdinand R. Marcos Jr.’s...

PBBM: About 80 infra projects can be funded through ‘Maharlika’

A few days after coming up with the final implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF), President Ferdinand R. Marcos Jr. disclosed on Wednesday (in San Francisco, US) that there are about 80 potential infrastructure projects financeable through the investment fund.

PBBM appoints Rafael D. Consing Jr. as President and CEO of Maharlika Investment Corp.

President Ferdinand R. Marcos Jr. has appointed Rafael D. Consing Jr. as President and Chief Executive Officer (CEO) of the Maharlika Investment Corporation (MIC).

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