Business News
Business
July jobless rate rises to 5.3% as labor force participation falls — PSA
The country's unemployment rate climbed to 5.3 percent in July from 4.1 percent in April and 4.7 percent in July last year, as labor force participation...
Business
‘GUARD PUBLIC FUNDS, EXECUTE BUDGETS PROPERLY’
Finance Secretary Ralph Recto on Tuesday directed newly appointed local treasurers for Visayas and Mindanao to act as the nation’s “first line of defense”...
Business
DBM widens digital oversight of projects for transparency
The Department of Budget and Management (DBM) is expanding its Digital Information for Monitoring and Evaluation (DIME) project to enlist more agencies and enhance...
Business
July factory prices ease 0.3%; further slowdown seen in Aug
Factory prices of locally manufactured goods slipped 0.3 percent in July, marking the third consecutive month of decline, data from the Philippine Statistics Authority’s...
Business
Meralco Sept rates to fall as stronger peso lowers costs
The Manila Electric Co. (Meralco) announced on Tuesday its electricity rates for September will drop, primarily driven by the Philippine peso’s improved performance against...
