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PHL not a tight labor market—experts, PSA

DESPITE the record-low unemployment rate in December last year, economists and the Philippine Statistics Authority (PSA) are not convinced that the country already has a tight labor market. Based on the results of the latest Labor Force Survey (LFS), the PSA said the country’s unemployment rate averaged 3.1 percent in… ....

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Rice inflation highest since 2009–PSA data

Amid the slowdown of inflation in most commodity’s prices, the price of rice, the country’s staple, stood out as the commodity that posted the highest increase in January, according to the Philippine Statistics Authority (PSA). PSA data also showed rice price inflation experienced by All Income Households averaged 22.6 percent,… ....

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Government to limit debt as new taxes hang

Government to limit debt as new taxes hang
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San Carlos , Negros Occidental , Leonardo Lanzona , Ralph Recto , Sonny Africa , Michael Ricafort , Bangko Sentral , Ateneo De Manila University , Rizal Commercial Banking Corp , Union Bank , Finance Secretary Ralph Recto , Ruben Carlo Asuncion ,

'Growth benefits trickling down to poor takes time'

LIFTING the poor from poverty takes time and has been complicated by the pandemic which cost the economy three year’s worth of growth, according to the National Economic and Development Authority (Neda). In a briefing on Wednesday, Socioeconomic Planning Secretary Arsenio M. Balisacan said it has taken the economy 1.5… ....

Maria Ella Oplas , Leonardo Lanzona , Victora Abola , Arseniom Balisacan , National Economic , University Of Asia , Salle University , Development Authority Neda , Philippine Development Plan , Ateneo De Manila University , Department Of Economics Chairperson Alvinp Ang , Development Authority , Socioeconomic Planning Secretary Arsenio , Economics Chairperson Alvin ,

PH to grow faster but below gov't target as headwinds persist

PH to grow faster but below gov't target as headwinds persist
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World Bank , District Of Columbia , United States , Muntinlupa City , Chinabank Velasquez , Bangko Sentral , Lourdes Eclarinal , Leonardo Lanzona , Ralph Recto , Union Bank , Development Budget Coordination Committee , Philippine Statistics Authority , Ateneo De Manila University , China Banking Corp , Macroeconomic Research Office Amro , Asian Development Bank , Pulse Asia , Manila Based Asian Development Bank , Research Office , Carlo Asuncion , Secretary Ralph Recto ,