Posts Tagged economy

Inflation rate peaks at 3.5% in December 2020 due to high food prices

Aileen Cerrudo   •   January 5, 2021

MANILA, Philippines — The inflation rate in December 2020 peaked at 3.5% due to the high prices of pork, vegetables, and other food products. This is higher compared to the...

PH climbs to 50th spot among 131 economies in Global Innovation Index 2020

Aileen Cerrudo   •   September 4, 2020

The Philippines has climbed up the rankings of the Global Innovation Index (GII) 2020, moving up to the 50th spot out of 131 countries. Rising four notches from its 54th...

Inflation downtrend continues at 1.7% in August 2019

Aileen Cerrudo   •   September 5, 2019

The inflation rate in the Philippines continued to decline at 1.7% in August 2019, according to the Philippine Statistics Authority (PSA). The August 2019 rate is lower compared with the...

China becomes world’s largest goods trade country in 70 years

UNTV News   •   August 28, 2019

China’s goods trade has posted robust growth in the past seven decades thanks to the country’s reform and opening-up efforts. Goods trade volume stood at only 1.13 billion U.S. dollars...

BSP sees PH inflation at 2.2 to 3 percent range in June

Robie de Guzman   •   June 28, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said Friday that the country’s inflation could settle within the 2.2 to 3.0 percent range in June. The BSP said the...

Palace attributes happiness survey results to Filipinos’ cheery disposition, safe streets, strong economy

Aileen Cerrudo   •   June 5, 2019

Malacañang has attributed the Social Weather Stations (SWS) happiness survey results to Filipinos’ cheery disposition, safe streets and strong economy. READ: SWS survey shows 44% of adult Pinoys are ‘very...

Chinese consumers say iPhone overpriced, faces competition from local brands

admin   •   January 4, 2019

  Some Chinese consumers said on Wednesday (January 3) that overpriced iPhones and increased local competition were contributing to Apple Inc. taking the rare step of cutting its quarterly sales...

Not a baby factory: S.Korea tries to fix demographic crisis with more gender equality

admin   •   January 4, 2019

  An unidentified young woman with her newborn baby in her arms opened the metal hatch built into the wall of a church in Seoul. She put her baby inside...

Climate disasters cause global economic losses to soar, UN says

admin   •   October 11, 2018

  From 1998 to 2017 direct economic losses from natural disasters totaled $2.9 trillion, of which 77 percent was due to extreme weather that is intensifying as the world warms,...

China breaks into top 20 innovative economies

admin   •   July 11, 2018

  China broke into the top 20 most-innovative economies in the annual Global Innovation Index (GII) ranking published on Tuesday by Cornell University and the World Intellectual Property Organization (WIPO)....


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