MANILA, Dec 22 (Reuters) - The Philippines' poverty rate dropped to 22.4% or 25.24 million people in the first half of 2023, the government's statistics agency said on Friday, from 23.7% in the same ...

More Filipinos are poorer today compared to 2018, according to the latest official data released by the Philippine Statistics Authority (PSA). Citing its Family Income and Expenditure Survey, the PSA ...

MANILA, November 24, 2022 – Policies that support employment and workers, raise education quality and improve access, boost rural development, and strengthen social protection can reduce inequality, ...

Let me start by extending our warmest greetings to Secretary Arsi Balisacan, NEDA Secretary; to our distinguished panelists, to the Representatives from the private sector, civil society, the academe ...

Sources: Deininger and Squire, 1996, and Philippines, National Statistics Office, 1994. Although an improvement in income distribution is often accompanied by a decrease in the poverty rate (absent a ...

Jose Toribio, a taxi driver in Manila, is up at five in the morning. He makes his cup of coffee and eats some pandesal, or salt bread, known as the “poor man’s bread” for being a cheap staple in the ...

To reverse the legacy of the Dodge Plan and its derivatives can be done by asserting a sovereign, Filipino-led industrial strategy. It is a declaration of economic independence and a commitment to ...

Francisco Sales believes he could have saved the lives of his wife Gloria Operario and their unborn child during childbirth three years ago if he had enough money. Gloria had a risky third pregnancy ...

Ferdinand Marcos Jr was elected president of the Philippines in May. In his inaugural address, delivered on June 30, Marcos pledged that his presidency would be like that of his father, the country’s ...