Pet food sales in the Philippines is estimated to grow 9 percent this year to $434 million, more or less P23 billion in local currency, from last year’s $397 million, according to the United States Department of Agriculture (USDA).
Concepcion Industrial Corp. (CIC), lead refrigeration and air-conditioning enterprise in the country, doubled its earnings in the three months ended December 2022 to P60 million from the year before.
The government has allotted more than P151 billion to sustain the major social protection service programs of the Department of Social Welfare and Development (DSWD).
Citi, a leading global bank and the largest foreign bank in the country, retains a positive outlook on the Philippines amid a challenging year ahead for the global economy.
The consumer financing firm Home Credit has built up a loan portfolio worth P100 billion in the 12 years since its founding as industry disruptor in 2013.
The Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have been recognized as top contributors to local taxes and employment in 2024, underscoring their key role in driving economic growth in Santo Tomas City.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has declared Camarines Sur free from avian influenza, five months after the province’s last recorded case of the highly pathogenic H5N9 bird flu virus.
The Department of Public Works and Highways (DPWH) has temporarily suspended its uniform policy for all personnel, citing security concerns amid ongoing investigations into alleged irregularities in flood control projects.