Tag: falls
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Q2 agricultural output falls by 3.3%
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THE PHILIPPINES’ agricultural output fell in the second quarter, as the crops and livestock sector continued to bear the brunt of the El Niño weather phenomenon.
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June jobless rate falls to lowest in two decades
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THE UNEMPLOYMENT RATE in June fell to 3.1%, the lowest in two decades, as hiring in the construction sector surged, the Philippine Statistics Authority (PSA) reported on Wednesday. Preliminary data from the Philippine Statistics Authority (PSA) showed the jobless rate slipped from 4.1% in May and 4.5% in June 2023.…
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Gov’t to consider new taxes if revenue collection falls short — Recto
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THE GOVERNMENT will only consider introducing new taxes if revenue collection falls short of target, the Department of Finance (DoF) said. “It’s easy to pass a tax law. It’s easy to do a tabletop revenue estimate. What’s always harder is implementing the law and collecting the tax,” Finance Secretary Ralph…
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Poverty falls to below pre-pandemic level in 2023
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ABOUT 17.54 million Filipinos were living in poverty in 2023, significantly lower from than the nearly 20 million in 2021, the Philippine Statistics Authority (PSA) reported on Monday. Based on preliminary results of the PSA’s Family Income and Expenditure Survey (FIES), the poverty incidence among the population fell to 15.5%…
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TCIL Announces Tender for 2 MWac Floating Solar PV Farm at Tamarind Falls Reservoir, Mauritius
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Telecommunications Consultants India Ltd. (TCIL), a Government of India enterprise under the Department of Telecommunications, Ministry of Communications, has invited bids for a Pre-Tender Tie-up for the design, supply, installation, […] The post TCIL Announces Tender for 2 MWac Floating Solar PV Farm at Tamarind Falls Reservoir, Mauritius appeared first…
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Philippines falls to its worst good governance index ranking in 3 years
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THE PHILIPPINES’ ranking in a global good governance index dropped four spots to 67th out of 100 countries — its worst showing in three years — as it scored lower in several indicators including leadership and foresight.
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March factory output falls, steepest in almost 2 years
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PHILIPPINE FACTORIES posted their worst performance in 23 months after output fell by 0.8% in March, according to the local statistics agency. This was a reversal of the 7.2% growth in February, based on the results of the Philippine Statistics Authority’s (PSA) Monthly Integrated Survey of Selected Industries. Factory output…
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Debt service bill falls by 22% in Feb.
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THE NATIONAL Government’s (NG) debt service bill fell by 21.9% in February due to a drop in amortization payments, the Bureau of the Treasury (BTr) said.