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Unemployment Record Low in the Philippines

Unemployment Record Low in the Philippines

by Teuvo Tuomi | Feb 7, 2024 | Philippines, Economy, News

The number of unemployed Filipinos has hit another record low. There were 1.6 million jobless people in the Philippines in December 2023, down from 1.83 million in the preceding month, the Philippine Statistics Authority (PSA) reports. The official jobless rate is...
Motorists Face Gasoline Price Hikes in the Philippines

Motorists Face Gasoline Price Hikes in the Philippines

by Teuvo Tuomi | Jan 29, 2024 | Philippines, News

Motorists in the Philippines will see an increase in the prices of petroleum products on Tuesday, 30 January, with local oil firms saying that prices will rise by up to P2.80 per liter. Shell, Seaoil, and CleanFuel have announced that the prices per liter of gasoline...
Philippines Tipped to Top Southeast Asia’s Growth Chart

Philippines Tipped to Top Southeast Asia’s Growth Chart

by Teuvo Tuomi | Dec 15, 2023 | Economy, News, Philippines

The Philippines is expected to be the growth leader in Southeast Asia, the Asian Development Bank’s (ADB) update Asian Development Outlook predicts. The country’s growth forecast for 2023 is kept at 5.7%. This makes the Philippines the top performer as the...
Philippines Struggles with Increasing Wealth Gap

Philippines Struggles with Increasing Wealth Gap

by Teuvo Tuomi | May 21, 2023 | Philippines, Economy, News

In the Philippines, the National Economic and Development Authority has announced that the economy grew by 6.4% in the first three months of this year. This extends the uninterrupted period of growth of our economy that began in the second quarter of 2021. The growth...
Solar Mega Farm Rising in the Philippines

Solar Mega Farm Rising in the Philippines

by VF | Jun 10, 2022 | Linkss, ASEAN, Business, Environment, Southeast Asia, Technology

The project will be undertaken by Terra Solar Philippines, a unit of Terra Renewables Holdings Inc. It is a renewable power subsidiary under Prime Infra’s control and in partnership with Solar Philippines Power Project Holdings Inc. Razon’s infrastructure arm Prime...

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