Did Street Vendors Keep September Prices Low?

[ad_1] STREET vendors selling vegetables, fruits and other commodities may have helped keep inflation low and stable in September, according to local analysts and economists. On Tuesday, the Philippine Statistics Authority (PSA) revealed that inflation slowed to 2.3 percent in September, the lowest since May, when inflation was at 2.1 …

Read More »

Slight contraction for manufacturing in August

[ad_1] The country’s manufacturing output has improved to a single-digit contraction in August, according to the Philippine Statistics Authority (PSA). Data from the Monthly Integrated Survey of Selected Industries (MISSI) showed that the Production Volume Index (VoPI) contracted 9.9 percent in August. This is the first time that the VoPI …

Read More »

PAL fires more than a third of 7,000 employees

[ad_1] Philippine Airlines said on Monday it will cut about a third of its workforce by the end of this year, as travel restrictions brought on by the global pandemic severely affected operations. The pandemic has devastated the global aviation industry, forcing airlines to seek government bailouts, lay off workers …

Read More »