Economy

By Beatriz Marie D. Cruz, Reporter PHILIPPINE universities must focus on integrating artificial intelligence (AI) in teaching to prevent the skills mismatch in the job market from worsening, according to…

RETAIL PRICE growth of general goods in the National Capital Region (NCR) eased in February, the Philippine Statistics Authority (PSA) reported. Citing preliminary data, the PSA said price growth in…

By Justine Irish D. Tabile, Reporter THE quality of physical infrastructure and policy will help determine how Philippine trade performs in the face of ongoing supply-chain diversification, a logistics company…

THE Department of Trade and Industry (DTI) said Meta Platforms, Inc. has agreed to help the Philippines monitor online marketplaces. “It is a key challenge for us to effectively remove…

THE PHILIPPINES and Palau have signed an agreement to manage their fisheries more sustainably, the Department of Agriculture (DA) said. The parties to the agreement — the Bureau of Fisheries…

HOUSEHOLD DEBT declined in 2021, reflecting reluctance to take on additional debt during the pandemic, the Bangko Sentral ng Pilipinas (BSP) reported. The BSP’s 2021 Consumer Finance Survey indicated that…

IN BRIEF: • Banks are focusing on Generative AI (GenAI) to drive innovation and enhance operational efficiency. • Overcoming challenges like skill shortages and high costs is crucial for successful…

Price growth of retail construction materials in the National Capital Region (NCR) eased to eight-month low in February, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the…

THE Department of Energy (DoE) said it is seeking to standardize local government unit (LGU) ordinances for approving energy infrastructure projects. “By implementing this standardized approach, the DoE seeks to…

THE Monetary Board could cut rates at its April meeting, with receding inflation giving it space to ease monetary policy, a former Bangko Sentral ng Pilipinas (BSP) official said. GlobalSource…