philippine news

Jan inflation slows to 10-mo low at 7.1% (BSP sees room for further rate cuts)

Reuters
Inquirer.net

MANILA, Philippines – (UPDATE 2) Annual inflation eased to a 10-month low of 7.1 percent in January on declining food and oil prices, the statistics office said Thursday.

Inflation in December was at 8.0 percent… Read the rest

Govt sets P300-B ‘sustainability plan’

Joel Guinto
INQUIRER.net

MANILA, Philippines – The government has set a P300-billion “sustainability plan” to fuel economic growth and to protect and generate jobs in the face of the global economic crisis, the full impact of which is expected… Read the rest

Jobless rate improves to 6.8% in October

Reuters
Inquirer.net

MANILA, Philippines — More people landed jobs in October despite the global financial crisis as the jobless rate fell to 6.8 percent in October from 7.4 percent in July.

The percentage of underemployed or those who have jobs… Read the rest

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