Jobless Filipinos Rise to 2.5 Million in May, PSA Says
The number of unemployed Filipinos rose to 2.5 million in May from 2.41 million in April, according to a report released by…
Category Business & Finance
Philippines’ Foreign Reserves Rise to $104.8 Billion in June
The country’s gross international reserves rose to $104.8 billion as of end-June 2026, giving the Philippines a strong external liquidity buffer despite…
PH, South Korea Deepen Economic Ties Through Semiconductor, Shipbuilding Investments
The Philippines and the Republic of Korea are moving to strengthen their economic partnership through strategic investments in high-value manufacturing, semiconductors, shipbuilding,…
Grab Taps EV Charging Firms to Lower Driver Costs, Expand Access
Grab Philippines has partnered with electric vehicle charging operators ACMobility and EVOxCharge to expand charging access and cut costs for electric taxi…
Jobless Rate Climbs to 4.8 Percent in May as 2.5 Million Filipinos Look For Work
The country’s unemployment rate rose to 4.8 percent in May 2026 as the number of Filipinos without jobs reached 2.50 million, the…