Day: July 8, 2025

Manila: The Eastern Samar provincial government is pushing for the establishment of two hemodialysis centers outside the provincial capital, driven by increasing demand for dialysis treatment. Eastern Samar Governor Ralph Vincent Evardone said Tuesday that they are eyeing the establishment of new dialysis centers at the Albino Duran Memorial Hospital in Balangiga town and the Oras District Hospital in Oras town. According to Philippines News Agency, Balangiga town is located 127 km south of the provincial capital, Borongan City, where the only government-owned dialysis center operates. Oras town is 86 km north of Borongan. ‘We will start the construction this

Manila: Bank lending experienced a modest acceleration in growth during May, while domestic liquidity expanded by over 5 percent, as reported by the Bangko Sentral ng Pilipinas (BSP). Outstanding loans from universal and commercial banks (U/KBs) increased by 11.3 percent in May, up slightly from the 11.2 percent growth observed in April, according to preliminary data released on Monday. According to Philippines News Agency, the growth in bank loans was primarily driven by increased lending to both businesses and individual consumers. The outstanding loans issued by U/KBs amounted to PHP13.37 billion in May, rising from USD13.25 billion in the previous

Manila: Philippine manufacturing output accelerated in May this year, the Philippine Statistics Authority (PSA) said. Results of the Monthly Integrated Survey of Selected Industries released Tuesday showed that the value of production index (VaPI) went up by 4.5 percent in May, higher than the 4.3 percent expansion seen in April. The VaPI growth during the month was also up from the 3.3 percent growth recorded in May last year. According to Philippines News Agency, the acceleration in the annual rate of VaPI for manufacturing in May 2025 was mainly attributed to the faster annual increase in the manufacture of food

Manila: The number of unemployed Filipinos declined in May this year while employment rate rose to more than 90 percent, the Philippine Statistics Authority (PSA) said. According to Philippines News Agency, National Statistician Dennis Mapa noted in a briefing that the latest Labor Force Survey results showed an increase in the country’s labor force participation rate (LFPR) to 65.8 percent in May 2025. This is an improvement from 64.8 percent in May 2024 and 63.7 percent in April 2025. The survey defines the labor force as individuals aged 15 years and over who are either employed or unemployed. The reported

Manila: The Department of Foreign Affairs (DFA) has summoned Chinese Ambassador Huang Xilian to formally express the Philippine government’s concern over Beijing’s decision to sanction former senator Francis Tolentino. This move by China has sparked a diplomatic conversation between the two countries, focusing on the wider issues surrounding the territorial disputes in the West Philippine Sea. According to Philippines News Agency, China has barred Tolentino from entering its mainland, Hong Kong, and Macau, citing his ‘egregious conduct on China-related issues’. The sanctions specifically relate to his stance on the territorial disputes in the West Philippine Sea. During a Palace briefing,