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Philippines: Record exports propel trade to 17-month high in March

MANILA, Philippines — Trade soared to its highest level in 17 months in March, buoyed by a record export performance and nascent import growth that nonetheless failed to convince economists external activity had finally turned a corner. External trade grew 22.5% year-on-year to $15.78 billion in March, the largest since the $16.26 billion worth of shipments recorded […]

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Philippines: Jobless rate down to 7.1% in March

MANILA, Philippines — The number of unemployed Filipinos last March declined to its lowest level since the start of the pandemic last year, the Philippine Statistics Authority (PSA) said. The latest labor situation report of the PSA showed that the unemployment rate eased to 7.1 percent in March, equivalent to 3.44 million unemployed Filipinos in […]

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