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THE country’s external trade performance may continue to be lackluster and may already be the new normal for the Philippines given the “unilateral” decisions made by its two biggest trade partners—China and the United States.
On Tuesday, the Philippine Statistics Authority (PSA) reported that exports contracted 6.3 percent while imports declined 14.7 percent in September 2023.
(Photo by Jam Sta. Rosa, AFP)
MANILA, Philippines — For the first time in three months, inflation eased in October mainly on slower increase in food prices, according to the Philippine Statistics Authority (PSA).
National Statistician Dennis Mapa said at a briefing yesterday that headline inflation rate, or the rate of increase in average prices of goods and services typically bought by consumers, settled at 4.9 percent in October from 6.1 percent in September.
The October inflation reading was also lower than the 7.7 percent in the same month last year.
(Photo by Ernie Peñaredondo, The Philippine STAR)
Driving the downtrend in the headline or overall inflation rate was the heavily weighted food and non-alcoholic beverages, which registered an inflation rate of seven percent in October from 9.7 percent the previous month.
For the first time in three months, inflation eased in October mainly on slower increase in food prices, according to the Philippine Statistics Authority (PSA).
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ADDRESSING learning poverty will allow the Philippines to attain the second demographic dividend which holds the key to fast economic growth all the way to 2100, according to the National Economic and Development Authority (Neda).
Socioeconomic Planning Secretary Arsenio M. Balisacan told reporters on the sidelines of the 61st Philippine Economic Society (PES) that Annual Meeting and Conference the Philippines may already be harvesting the first demographic dividend as the labor force grows faster than population growth.
Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development.
Innovations for Poverty Action (IPA), in partnership with Youth Impact, worked with the Department of Education (DepEd) to implement mEducation, a phone-based education program that utilizes mobile technology to deliver simple math lessons. The program delivers foundational, targeted, and simple instructions that aim to improve math learning outcomes. IPA plans to expand mEducation's reach as it offers many opportunities to be integrated into the existing learning approaches by the government and non-government partners.
Do you want to build a truly worthwhile career? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development.
The Union Bank of the Philippines is looking to hire a research officer to be part of its Economic Research Unit as early as July 2023.
Application closes on 12 April 2023, 11:59 p.m. (2359 Manila Time, 0800 GMT). For more information, visit https://www.adb.org/careers/230096
This is a special fixed-term appointment for a period of three (3) years following Section 3.1 (c.) of Administrative Order No. 2.01 (“Recruitment and Appointment’). This appointment is not convertible to a regular appointment. It may be extended on exceptional basis for a further fixed period at the option of ADB. This appointment is open to internal and external applicants.
Position title on appointment is Senior Statistics Officer (Data Science).
Philippine Economic Society (PES)