Agriculture Secretary Francisco P. Tiu Laurel Jr. led the formal inauguration of the Bureau of Plant Industry’s Tissue Culture Laboratory and Biological Control Agent (BioCon) facility at the Los Baños National Crop Research, Development, and Production Support Center.
The Philippines’ trade deficit narrowed to USD 3.29 billion in May from USD 4.73 billion a year earlier—an improvement also over April’s USD 3.79 billion trade gap—due to strong export growth and softer import values, the Philippine Statistics Authority (PSA) reported Friday.
Toll road builder and operator NLEX Corp. said on Friday that it has asked the national government to allow the enterprise to rebuild the accident prone Marilao Interchange Bridge to put a stop to traffic disruptions that inconvenience motorists every so often.
The Government Service Insurance System (GSIS) has disbursed a total of ₱413.4 billion across 1.9 million loan applications through its Ginhawa Flex and Ginhawa Lite programs, GSIS president and general manager Wick Veloso announced at a stakeholders’ dialogue held at the Sequoia Hotel Manila Bay.
The Bangko Sentral ng Pilipinas (BSP) projects the country's balance of payments (BOP) to remain in deficit over the next two years, as current account pressures persist.
Following the 6.9 magnitude earthquake on September 30, McDonald’s Philippines reported that all employees, managers, and customers are safe. The company reaffirmed that the safety of its people remains its top priority.
Headline inflation likely rose to 1.9 percent in September, driven by higher fish and rice prices, following rains and the government’s rice import suspension.