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Non-financial assets dominate household wealth in latest BSP survey

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The bulk of so-called non-financial assets households across the Philippines own consist mainly of home appliances, according to the Consumer Finance Survey (CFS) the Bangko Sentral ng Pilipinas (BSP) conducted in 2021.

Palay production likely up Q1, corn output may slide—PSA

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Palay production in the first quarter of 2025 is expected to reach 4.72 million metric tons, with higher yields offsetting a decrease in rice planting area, according to the latest estimate of the Philippine Statistics Authority (PSA). 

Duterte appears before ICC; confirmation of charges hearing set Sept 23

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The International Criminal Court has set September 23 as the date for the confirmation of charges hearing against former President Rodrigo Duterte, following his...

Customs seize P1.18B worth of smuggled goods in Valenzuela operation

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The Bureau of Customs (BOC) seized around P1.18 billion worth of allegedly smuggled goods, including disposable vapes, vape pods, and other merchandise, in a Friday operation in Valenzuela. BOC Commissioner Bien Rubio confirmed the discovery, highlighting the importance of border control measures to ensure safe, regulated vape products.

BOC, Rubio cited for driving investments through faster trade processes

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The Bureau of Customs (BOC) and Commissioner Bienvenido Y. Rubio received the Gawad Bayanihan sa Pamumuhunan award for streamlining customs processes and enhancing the...
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DA turns over ₱65.6-M rice processing facility in Nueva Ecija

Agriculture 0
The Department of Agriculture has handed over a ₱65.6-million rice processing facility to the Talabutab Norte Primary Multipurpose Cooperative in General Mamerto Natividad, Nueva Ecija, under the RCEF Mechanization Program.

LGU partners with Foundever for free CX skills training to boost local employment

Corporate 0
Quezon City job seekers now have easier access to industry-relevant skills training, after the city’s Public Employment Service Office (PESO) signed an agreement with global customer experience leader Foundever®. The deal launches the Quezon City Competency Enhancement and Retooling Program, aimed at bridging the gap between community skills and actual workplace needs.

US rules out Pax Silica announcement at ASEAN summit

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The US has ruled out announcing the proposed Pax Silica Economic Security Zone during or after this month’s ASEAN Leaders’ Summit in Manila, leaving the initiative’s timeline uncertain as Washington and Manila continue discussions on its scope and potential impact.

APECO signs Alberta pact, pursues Canadian energy investments

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a cooperation agreement with the Alberta Council and is preparing a separate memorandum of understanding with a Canadian power generation company, as it seeks to convert investor interest into actual projects in Casiguran, Aurora.
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