Philippines

Philippines’ Jobless Rate Increases to 4.1% in May, Official Statistics Say

Philippines’ Jobless Rate Increases to 4.1% in May, Official Statistics Say

The unemployment rate in the Philippines was recorded at 4.1% as more Filipinos join the workforce and the labor market, while the underemployment rate decreased to 9.9% in May compared to 14.6% in April, the lowest it has been since 2005.


Philippines Demands $1 Million Payment from China over June 17 Incident

The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.

PH Telco Giant PLDT Aims to Sell Almost 50% of Its Stake; $1 Billion Deal Now Being Finalized

A Philippine telco giant is planning to sell almost 50% of its business. It's now finalizing a $1 billion deal with a foreign entity.

Amid Walmart Mass Layoff in US, Walmart Philippine Supplier Is Hiring Thousands of Factory Workers

While Walmart is laying off employees in the US, its Philippine supplier is doing the opposite, starting to hire thousands of factory workers.


Latest News

Binance Labs Becomes Separate Company After Separating From Binance
Philippine SEC ordered the removal of Binance apps from Google and Apple stores, citing unregistered securities and unlicensed brokerage, prompting investor warnings and investigations.
Duterte-China West PH Sea Sale Agreement Speculations Spread Due To Increasing Chinese Students in Cagayan
Duterte-China West PH Sea sale deal speculations are now spreading online as thousands of Chinese students were spotted in Cagayan.
A local Takoyaki store named Taragis has sparked a heated debate on Facebook with a controversial April Fools' Day challenge.
Lalamove Philippines, an on-demand delivery platform, has launched a new program that aims to empower aspiring businesswomen. Here's what you need to know about it.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
MCI has announced that the acquisition will result in a seamless expansion of services by combining its leadership with the resources of EastWest BPO.
A resort in the heart of the Chocolate Hills in Bohol, Philippines, is going viral on Facebook and other social media platforms.
The U.S. Commerce Secretary announced that the Philippines is expected to receive $1 billion from U.S. firms.
Singapore plans to acquire eight Lockheed Martin Corp. F-35A fighter planes for its defense, accelerating the country's procurement of advanced military aircraft amid tensions in the region.
Does the Philippines Need a Whole-of-Nation Approach in the Tourism Industry? Here's What the Tourism Secretary Says
Does the Philippines need a whole-of-nation approach in the tourism industry? The country's Tourism Secretary says yes.
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