The November 2022 Labor Force Survey (LFS) recorded the lowest unemployment rate since April 2005 at 4.2 percent. This is a decrease from the 4.5 percent a month ago, and…
The country’s full-year inflation rate for 2022 reached 5.8 percent, consistent with the Development Budget Coordination Committee (DBCC)’s full-year inflation assumption as December 2022 inflation stood at 8.1 percent. The…
The Philippines and China signed on January 4, 2023 six bilateral agreements and one project completion document to support the financing of key projects during President Ferdinand Marcos Jr.’s three-day…
President Ferdinand R. Marcos, Jr. has approved the extension of Executive Order (EO) 171 on reduced import duty rates through EO 10, which was issued on December 29, 2022. EO…
The external debt of the National Government (NG) slightly decreased by PHP69.6 billion or 1.6 percent to PHP4.2 trillion in end-November 2022 due to a stronger Peso, and net repayment.…
