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Wholesale construction prices in NCR up in July

Manila, Aug. 12 -- The wholesale prices of construction materials in the National Capital Region (NCR) recorded a faster increase in July, according to the Philippine Statistics Authority (PSA). Data... Read More


PH secures $600-M grant from US to strengthen healthcare system

Manila, Aug. 10 -- The Philippines has secured a USD600-million (around PHP36.95 billion) grant from the United States to expand access to quality healthcare and boost resilience against public health... Read More


BIR moves tax deadlines to Aug. 17 in 'habagat'-hit areas

Manila, Aug. 10 -- The Bureau of Internal Revenue (BIR) has extended the tax deadline to Aug. 17, for areas heavily hit by the southwest monsoon or "habagat". Under Revenue Memorandum Circular (RMC) ... Read More


Factory output growth accelerates in June

Manila, Aug. 6 -- Factory output growth accelerated in June, data from the Philippine Statistics Authority (PSA) showed. Results of the Monthly Integrated Survey of Selected Industries (MISSI) releas... Read More


PH employment rate up in June

Manila, Aug. 6 -- The number of employed Filipinos went up to 50.66 million in June this year from 49.63 million in May, data from the Philippine Statistics Authority (PSA) showed. Results of the lat... Read More


PH ocean economy breaches P1-trillion gross value anew in 2025

Manila, July 23 -- The Philippine ocean-based industries reached over PHP1 trillion last year, accounting for almost 4 percent of the country's gross domestic product (GDP), the Philippine Statistics ... Read More


347 PPP projects worth P3 trillion forthcoming

Manila, July 22 -- More than 340 projects are currently in the pipeline to be undertaken by the government and the private sector, data from the Public-Private Partnership (PPP) Center showed. Latest... Read More


PH balance of payments surplus hits 21-month high

Manila, July 21 -- The country's balance of payments (BOP) rose to a 21-month high, recording a surplus of USD3.4 billion, data from the Bangko Sentral ng Pilipinas (BSP) showed. Data released late M... Read More


LandBank, Visa launch new card to digitalize gov't transactions

Manila, July 21 -- State-owned Land Bank of the Philippines (LandBank) and digital payments leader Visa launched on Tuesday a new Government Purchase Card (GPC) to provide government agencies with a m... Read More


Remittances from overseas Filipinos hit $2.7-B in May

Manila, July 15 -- Money sent home by overseas Filipinos continued to grow, reaching USD2.71 billion in May this year, according to Bangko Sentral ng Pilipinas (BSP) data. Preliminary data released b... Read More