Understanding the Philippine poverty report

Fernando Fajardo 04/14/2019

The Philippine Statistics Authority (PSA) recently reported the country’s official poverty statistics for the first semester of 2018. This report provides the estimates of poverty incidence using income data from the first visit of the Family Income…

POST PRANDIUM: Why is total employment declining or not growing as fast as before?

Fernando Fajardo 03/17/2019

Again, if there is anything that most poor people must have in order to prosper in life, it is a good paying and secure job. Very few of them are prepared to go into business for lack…

Untangling the gridlock: when traffic slows down business

Jose Santino S. Bunachita, Reporter 09/24/2018

Traffic jams are believed to be a sign of economic progress. But when Metro Cebu’s worsening traffic condition becomes a daily occurrence, even that thought is not enough to ease the stress of sitting helplessly in a…

Drilon twits statistics authority over lack of drugs data

Inquirer.net 10/08/2017

Senate Minority Leader Senator Franklin Drilon has criticized the Philippine Statistics Authority (PSA) for failing to provide correct and reliable data that can aid the government’s campaign against illegal drugs. Drilon raised the issue amid the confusion…

Cebu employment level stays high as national rate dips

Victor Anthony V. Silva 03/15/2017

While jobless rates were up in most parts of the country, Central Visayas, particularly Cebu, seemed unfazed by developments in the labor force. Latest figures from the Philippine Statistics Authority (PSA) showed that the region’s unemployment rate…

Cebu’s business heads laud PH’s economic performance

Victor Anthony V. Silva 01/26/2017

Slow Q4 growth of 6.6% posted last year, but 2016’s 6.8% GDP growth fastest in 3 years Business leaders in Cebu welcome the country’s strong economic performance in the last quarter of the 2016, with economy growing…

Cebu business heads expect GDP growth in 4th quarter of 2016

Victor Anthony V. Silva 01/24/2017

BUSINESS leaders in Cebu anticipated a good performance from the Philippine economy in the last quarter of 2016, ahead of the release of fourth-quarter domestic economic data this week. Mandaue Chamber of Commerce and Industry (MCCI) president…

CFIF official: Find right market, innovate, explore tieups

Dominic D. Yasay 11/20/2016

FOR furniture manufacturers to stay afloat in the industry despite the constant shift in the global demand, they should look into penetrating the right market in which they are relevant while continuously innovating their products. Christina Marie…

PH posts 7.1% GDP GROWTH: Duterte gov’t lauded; early economic momentum cited

Victor Anthony V. Silva 11/17/2016

Business leaders in Cebu lauded the present administration for the 7.1-percent growth of the Philippine economy during the first three months of President Rodrigo Duterte in office. However, some said this could also be owed to the…

The fight against poverty is doable

Fernando Fajardo 11/03/2016

The country’s poverty incidence declined significantly to 21.6% in 2015 of our population from 25.2% in 2012, and 26.3% in 2009 as reported by the Philippine Statistic Authority last October 27, 2016. The 2015 poverty incidence is…

PSA to make economic stats more accessible online

Victor Anthony V. Silva 08/30/2016

MORE Filipinos are seen to benefit from the growth of the economy through a more intensified Philippine Statistical Development Plan (PSDP) and for making economic reports more accessible to the public. Ronaldo Taghap, Philippine Statistics Authority Central…

‘Intensive statistics devt plan needed for economy’

Victor Anthony V. Silva 08/30/2016

MORE Filipinos will benefit from the economy’s growth through a more intensive Philippine Statistical Development Plan (PSDP). Ronaldo Taghap, Philippine Statistics Authority in Central Visayas (PSA 7) director, said statistics serve as the basis of economic planners…

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