7-month tourist arrivals up 10 percent to 3.55 million, DOT data show
Foreign arrivals in the Philippines rose 10 percent in the first seven months of the year to 3.55 million, with visitors from neighboring countries in East Asia providing the boost, data from the Department of Tourism showed.
T-bonds average lower at auction compared to secondary market
Treasury bond rates auctioned Tuesday proved lower compared to prevailing rates in the secondary market, underscoring the market’s outlook for longer-term interest rates.
DA aims for higher rice production under the MaSaGaNa Rice Industry Development Program
The Department of Agriculture is reviewing the Masagana Rice Industry Development Program to significantly enhance domestic rice production and meet self-sufficiency goals, increase farmer incomes, lower consumer prices, and enable the Philippines to export rice again.
Cebu Pacific ramping up flights out of Davao beginning October
Cebu Pacific is expanding its reach with new domestic and international routes from Davao starting October this year.
Petron reports 21% increase in 1H revenue on strong volume growth
Petron Corp., the oil company under the San Miguel Group, said Tuesday first-half revenue climbed 21 percent year-on-year to P444.5 billion, fueled by increased sales and a favorable retail environment in both the Philippines and Malaysia.
