Economy
Hindi magandang balita para sa Philippine labor market: the country's unemployment rate surged to 5.8 percent in January 2026, the highest level recorded since June 2022, according to the Philippine Statistics Authority (PSA). Roughly 2.96 million Filipinos out of the 80.89 million labor force were
Economy
With fuel prices going through the roof because of the Middle East conflict, the idea of a compressed four-day workweek is gaining traction again — but Cebu's business leaders are saying it's not a one-size-fits-all solution. The Cebu Chamber of Commerce and Industry (CCCI) weighed in on
Economy
Just when you thought fuel prices were the only thing draining your wallet, here comes another hit — your water bill is going up too. The Metropolitan Waterworks and Sewerage System (MWSS) confirmed on Friday that water rates will increase starting the second quarter of 2026, which begins in April. Both
Economy
With fuel prices spiraling out of control, Malacañang hauled in oil company executives for a face-to-face meeting on Thursday, March 12, to demand answers on supply and pricing. Executive Secretary Ralph Recto led the government delegation alongside DOE Secretary Sharon Garin. "The meeting focused on supply and prices, on
Economy
With fuel prices spiraling out of control thanks to the Middle East conflict, House Committee on Ways and Means Chairman Miro Quimbo is pushing hard to review the 28-year-old Oil Deregulation Law — and he's not mincing words about why the government is helpless right now. During a DOE
Economy
Nearly three million Filipinos started 2026 without a job, as the country's unemployment rate surged to 5.8% in January — the highest level since June 2022. According to the Philippine Statistics Authority (PSA), that's 2.96 million jobless workers out of a total labor force, a
Nation
More than 6,000 Filipino seafarers remain stranded in and around the Strait of Hormuz as the Middle East war between the US and Iran turns one of the world's most critical shipping lanes into a danger zone. The Philippines, which supplies roughly a quarter of the world&
Economy
Motorists and commuters across the Philippines are about to feel the squeeze even harder, as another massive round of fuel price hikes is expected next week. Based on early trading data, diesel could go up by as much as ₱18.7 per liter, while gasoline is projected to climb by
Economy
The number of jobless Filipinos surged to 2.96 million in January 2026, a sharp increase from 2.26 million in December 2025, according to the latest Labor Force Survey released by the Philippine Statistics Authority (PSA) on Friday. Deputy National Statistician Divinia Gracia del Prado reported that the unemployment
Economy
The Philippines just flexed on the global wealth stage. A total of 15 Filipino business titans have landed on the Forbes 2026 World's Billionaires List, proving that Pinoy entrepreneurial grit is alive and thriving in the international arena. Leading the pack is port magnate Enrique Razon Jr., the
Economy
Good news for jeepney, tricycle, taxi, and bus drivers — the government is rolling out a P5,000 fuel subsidy starting March 17, and Metro Manila PUV drivers will be first in line. The Department of Transportation (DOTr) confirmed the payout schedule as President Marcos moves to cushion the blow of
Nation
Say goodbye to Fridays at the office — at least for now. Government agencies and local government units across the Philippines have officially started implementing a four-day workweek after President Marcos ordered a compressed schedule to help ease the burden of skyrocketing fuel costs. Under Memorandum Circular No. 114, the shift