INFLATION remains a bane for workers as the number of employed Filipinos looking for side hustles increased in June, based on the latest data released by the Philippine Statistics Authority (PSA). On Tuesday, PSA said the number of the unemployed reached 2.327 million in June 2023 while the underemployed reached…
THE next administration would not have to raise taxes if it will use its resources efficiently in order to usher in a sustainable and inclusive economic recovery post-pandemic, according to local economists. Former Ateneo Center for Economic Research and Development (ACERD) Director Alvin P. Ang said managing expenditures would be…
CHINA’S struggle to contain the spread of Covid-19 may dent the performance of the Philippines manufacturing and export performance in the coming months, according to local economists. The Chinese government recently implemented what is called a “dynamic clearance” in important trade hubs or large cities like Shanghai to prevent the…
INTRODUCING a four-day work-week will help conserve energy and reduce the costs on fuel and transportation, according to the National Economic and Development Authority (Neda). This was one of the recommendations made by the Neda to the Cabinet on Tuesday night and aired on Wednesday. This does not mean, however,…
THE uncertainty brought by possible new variants of Covid-19 and inflation pose the greatest risks for the Philippines this year, according to the National Economic and Development Authority (Neda) and local economists. On Thursday, the Philippine Statistics Authority (PSA) disclosed that the economy grew 5.6 percent last year and posted…