Sales of alcoholic beverages in the Philippines are projected to grow by 7 percent annually, according to the Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture (USDA) in Manila.
Agriculture Secretary Francisco P. Tiu Laurel Jr. will seek the support of key government agencies, particularly the central bank and the Department of Foreign Affairs, in the Department of Agriculture's renewed effort to revitalize the abaca industry—an essential sector that provides livelihood for over 1.5 million Filipinos.
Agriculture Secretary Francisco P. Tiu Laurel Jr. announced that the Department of Agriculture (DA) will establish the country’s first onion research and extension center dedicated to revitalize the “sibuyas” industry and fittingly locate it in Bongabon, the Philippines’ leading onion producer.
BDO Capital & Investment Corp. (BDO Capital) celebrates 25 years of driving business success and contributing to the Philippine economy. From its humble beginnings to becoming a leading investment bank, BDO Capital has consistently supported the expansion of enterprises, creating jobs and enabling the country’s economic growth.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.