Farm gate prices of palay continued to climb in February, a development that could keep inflation elevated in the months ahead given the space taken up by the rice in consumers' basket.
San Miguel Corp. on Thursday reported net income in 2023 rising 67 percent to P44.69 billion from previous year’s P26.76 billion, notwithstanding a revenue decline owing to the tight prices in the oil market that impacted Petron Corp. and the performance of its power unit.
Government planners have put too much emphasis on rice when they crafted this year's budget allocation for the various agricultural sectors, and not much else for the other equally important sectors, the Philippine Chamber of Agriculture and Food Inc. (PCAFI) said on Thursday.
A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.
Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.
Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.
Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.