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AUTHORS
Louella Desiderio
Louella Desiderio
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Factory output contracts at slower pace in March
by Louella Desiderio - May 8, 2025 - 12:00am
Philippine manufacturing activity declined at a slower pace in March from the previous month due to higher production of food, transport equipment and electronic products.
Jobless rate rises to 3.9% in March
by Louella Desiderio - May 8, 2025 - 12:00am
The country’s unemployment rate went up slightly in March from the previous month, while the quality of jobs deteriorated, according to the Philippine Statistics Authority.
Toyota, JoyRide partner for long-term car rental services
by Louella Desiderio - May 7, 2025 - 12:00am
The official car rental service of Toyota Motor Philippines Corp.  has teamed up with ride-hailing app JoyRide to offer travelers long-term car rental solutions.
Inflation eases to 1.4 % in April
by Louella Desiderio - May 7, 2025 - 12:00am
Inflation continued its downtrend in April, easing to its lowest level since 2019, due to the slower uptick in food prices.
Government rolls out 10-year job creation program
by Louella Desiderio - May 6, 2025 - 12:00am
The government has launched a long-term masterplan for job creation that aims to bring down the unemployment rate and increase the labor force participation rate by 2034.
DTI: Philippines to follow up tariff talks with US
by Louella Desiderio - May 6, 2025 - 12:00am
The Philippines is set to hold follow-up meetings with the United States to lower the reciprocal tariffs on the country’s exports, according to the Department of Trade and Industry.
Economy likely grew at faster pace in Q1
by Louella Desiderio - May 5, 2025 - 12:00am
The Philippine economy likely expanded at a faster pace in the first quarter than the previous three-month period, supported by both consumer and government spending, according to economists.
BCDA draws over P7.7 billion investments in New Clark City, Camp John Hay
by Louella Desiderio - May 5, 2025 - 12:00am
State-run Bases Conversion and Development Authority (BCDA) has attracted over P7.7 billion worth of investments in its growth centers New Clark City and Camp John Hay in the first quarter, reflecting strong investor...
Tariff talks with US ‘went very well’ – Go
by Louella Desiderio - May 5, 2025 - 12:00am
The Philippine government remains hopeful of working out a mutually beneficial arrangement with the United States to strengthen trade ties, following recent discussions on reciprocal tariffs.
US hikes funding for Subic-Clark-Manila-Batangas railway study
by Louella Desiderio - May 5, 2025 - 12:00am
The United States (US) has increased its funding for the pre-feasibility study of the Subic-Clark-Manila-Batangas (SCMB) Railway, a flagship project of the Luzon Economic Corridor (LEC), raising the amount to $3.8...
HARI unveils electric CVs to support green transport push
by Louella Desiderio - May 4, 2025 - 12:00am
The official distributor of Hyundai trucks and buses in the Philippines has rolled out two electric commercial vehicles (CVs) as part of the push for clean and sustainable transport.
Chipmakers see modest export growth in 2025
by Louella Desiderio - May 4, 2025 - 12:00am
The country’s electronics sector is projecting a modest export growth of one to two percent this year, following two years of contraction.
Philippine digital economy balloons to P2.25 trillion
by Louella Desiderio - May 4, 2025 - 12:00am
The value of the Philippine digital economy went up by 7.7 percent last year amid increasing use of digital services.
UNDP reaffirms support for Philippines, middle-income countries
by Louella Desiderio - May 3, 2025 - 12:00am
The UN Development Program has reaffirmed its support for middle-income countries (MICs), including the Philippines, with  United Nations Undersecretary General and UNDP Associate Administrator Hao Liang Xu...
Factory activity rebounds in April
by Louella Desiderio - May 3, 2025 - 12:00am
Philippine manufacturing activity bounced back in April after a contraction in the previous month, supported by a pick-up in demand.
New Clark City hosts $33 million solar facility
by Louella Desiderio - May 2, 2025 - 12:00am
The subsidiary of Singapore-based renewable energy developer Gurin Energy Pte. Ltd. is building a $33-million solar photovoltaic power plant in New Clark City in Tarlac.
Philippines eyes membership in Trans-Pacific FTA
by Louella Desiderio - May 2, 2025 - 12:00am
The Philippines is aiming to formally submit its application to join the high-standard Comprehensive and Progressive Agreement for Trans-Pacific Partnership  this year as part of its strategy to diversify trade...
IT-BPM sector seen to hit $40 billion revenues this year
by Louella Desiderio - May 1, 2025 - 12:00am
The country’s information technology – business process management industry is seen booking revenues amounting to $40 billion this year, fueled by demand from banking and health services, according to...
Philippines open to wider US market access
by Louella Desiderio - April 30, 2025 - 12:00am
The Philippines is open to facilitating greater market access for goods coming from the United States, but promoting domestic industries’ interest will remain a priority in the negotiations to lower the reciprocal...
PEZA investment approvals hit P63.5 billion
by Louella Desiderio - April 30, 2025 - 12:00am
Investments approved by the Philippine Economic Zone Authority more than doubled from January to April amid continued efforts to position the country as a competitive investment destination.
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