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FDC welcomes investment banker Rhoda “Chiqui” A. Huang as new president and CEO 

Filinvest Development Corp. (FDC) on Wednesday announced the appointment of Rhoda “Chiqui” A. Huang as its new president and chief executive officer effective 1...

Banana exports dropped 4 percent in 2022, enough to make Manila second largest supplier

The Philippines proved the second largest banana exporter in 2022, according to the Food and Agriculture Organization of the United Nations (FAO). The FAO said...

Initial typhoon Egay damage minimal

The initial cost of damage to agriculture by typhoon Egay is estimated at P255,000, according to data from the Department of Agriculture’s (DA) Disaster Risk Reduction and Management...

8,000 MW additional power needed by 2028 – DOE

The Department of Energy (DOE) on Wednesday said the industry needs to install an additional 8,000 megawatts (MW) of electricity by 2028. According to the...

PXP Energy widens first half net loss to P11.2 million

PXP Energy Corp. widened its net loss in the first six months to P11.2 million from last year's P6.3 million on the back of higher costs and expenses. It reported...

Just in

DA, SRA race to secure sugar industry input amid Middle East disruption

The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
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