logo
Read More

Philippines trade gap narrows in July

THE Philippines’ trade deficit narrowed in July as imports dropped amid double-digit growth in exports, prompting optimism from the government about prospects for the rest of the year. “The country’s balance of trade in goods … [was]$1.65 billion in deficit in [July] 2017, lower than the $2.37 billion in July 2016,” the Philippine Statistics (PSA) […]

Read More
logo
Read More

Philippines: Jobless ranks swell in July

THE Philippine job market lost some momentum in July as unemployment slightly worsened from a year earlier, the Philippine Statistics Authority (PSA) reported on Tuesday. Results of the latest Labor Force Survey (LFS) put the jobless rate at 5.6 percent for the month from 5.4 percent in 2016. This translates to 2.37 million Filipinos without […]

Read More
christmas-shoppers
Read More

Inflation targets still ‘doable,’ says BSP

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said the latest inflation forecasts set by the Monetary Board are still ‘doable’ even as the consumer price index in August quickened to its fastest pace in three months. BSP officer-in-charge Diwa Guinigundo said the inflation forecasts set by the Monetary Board at the rate setting […]

Read More