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Exports up 12.4% in July, but Neda warns power lack may slow growth

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Socio-economic Planning Secretary Arsenio M. Balisacan. INQUIRER FILE PHOTO

The country’s shipments abroad rose double-digits in July, growing second-fastest in the East and Southeast Asian regions after economic giant China, the Philippine Statistics Authority (PSA) reported Wednesday.

Posted: September 10th, 2014 in Latest Business Stories | Read More »

Unemployment down to 6.7% in July

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employment

Unemployment eased in July as over a million new jobs were made available, representing an increase from the number of jobs that were created a year ago in the same month, the government reported Wednesday.

Posted: September 10th, 2014 in Latest Business Stories | Read More »

Economy rebounds: 6.4%

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A vendor arranges eggs for sale at a wet market in Manila on Thursday, Aug. 28, 2014. The Philippine economy bounced back to post 6.4 percent growth in April to June, the second-highest in Asia despite "underspending" by the government, authorities said.  AFP PHOTO/NOEL CELIS

Economic growth was faster than expected in the second quarter, driven by the strong manufacturing sector, putting the country back on track to meeting state targets.

Posted: August 29th, 2014 in Latest Business Stories | Read More »

June imports dipped due to truck ban

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Economic Planning Secretary Arsenio Balisacan.  INQUIRER FILE PHOTO

The economy continues to suffer as a result of Manila City’s truck ban, with the flow of goods from the country’s congested major ports slowing down to a trickle.

Posted: August 27th, 2014 in Editor's Pick,Headlines | Read More »

Poverty number down in 1st half of 2013

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INQUIRER FILE PHOTO

If government statistics are accurate, the number of poor Filipinos fell sharply in the first half of last year as the country’s economy surged, lifting millions of households above the government’s poverty line.

Posted: April 29th, 2014 in Latest Business Stories | Read More »

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