The Department of Agriculture (DA) on Wednesday said that rice farmers in Cagayan Valley and Central Luzon will be the initial beneficiaries of the subsidized P20 per kilo rice program starting August 13.
Philippine exports soared 26 percent year-on-year in June 2025 to USD7.02 billion, driven by a sharp rise in electronic product shipments, which helped narrow the country’s trade deficit to USD3.95 billion from USD 4.34 billion a year earlier, according to data from the Philippine Statistics Authority (PSA).
Central bank governors from East Asia and the Pacific convened in Bangkok for the 30th EMEAP (Executives’ Meeting of East Asia-Pacific Central Banks) Governors’ Meeting, chaired by Bank of Thailand Governor Sethaput Suthiwartnarueput.
BDO Foundation’s financial education program KITA (Kapital at Ipon Tungo sa Asenso) Mo Na! has been named Financial Inclusion Initiative of the Year at the 2025 Asian Banking & Finance (ABF) Retail Banking Awards.
Palay production in the first half of 2025 is estimated to have reached 9.08 million metric tons, up 6.4 percent from 8.53 million tons in the same period last year.
Megawide Corp. has joined the growing list of Philippine listed firms initiating share buyback programs, announcing a P2 billion plan to repurchase its common shares on the open market.
Converge ICT’s prepaid broadband brand, Surf2Sawa (S2S), has hit 500,000 active subscribers two years post-launch, highlighting a significant shift in the Philippine internet market toward flexible, budget-conscious connectivity solutions. This reflects changing consumer behavior, as affordability and on-demand access increasingly drive broadband adoption.
Intel shares surged 6.4 percent on Wednesday, closing at USD31.22, following a report from Bloomberg News that the chipmaker has initiated early-stage talks with Apple about a potential investment and closer collaboration.
The Philippine government posted a budget deficit of P869.2 billion at the end of August, around 56 percent of the revised full-year target of P1.56 trillion for 2025.