In July, the Philippines witnessed a notable spike in unemployment, according to the Philippine Statistics Authority (PSA). The number of unemployed Filipinos aged 15 and above surged to 2.38 million, up from 1.62 million in June and 2.29 million in July 2023. Read more »
A PHP17 billion airport will be built to replace the current Dumaguete airport to accommodate the estimated 2.5 million passengers by 2038, according to the Department of Transportation (DOTr). Read more »
July saw an increase in the country's inflation to 4.4%, over the government's goal range of 2% to 4%. According to the Philippine Statistics Authority (PSA), the most recent rate is lower than the 4.7% rate in July 2023 but higher than the 3.7% rate in June 2024. Read more »
The Philippine Statistics Authority (PSA) has reported a significant improvement in the country's employment rate, marking a positive trend in the labor market. Read more »
The Philippines is poised to receive a significant boost in its climate resilience efforts with a $10-million grant from the Green Climate Fund (GCF). This funding, aimed at enhancing the government's capacity to combat climate hazards, marks a pivotal step in the nation’s ongoing commitment to sustainable development and climate adaptation. Read more »
In a concerted effort to catalyze economic growth through innovation, Northern Mindanao gears up to host the third edition of the Northern Mindanao Regional Innovation Program and Exhibit (NorMinRIPE) from April 22 to 24 at SM Cagayan de Oro (CDO) Uptown. Read more »
