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Services, industry generate more jobs in March, take slack from El Nino-challenged farm sector

Services and industry generated nearly 2 million additional jobs in the past 12 months, compensating for the job losses in agriculture due to the challenges posed by El Nino and helping push unemployment rate down to 3.9 percent in March from 4.7 percent in the year-earlier period.

Agriculture ekes out growth in 1Q on higher poultry production

Efforts of President Ferdinand Marcos, Jr.'s administration to modernize agriculture and assist farmers and fishermen helped the farm and fishery sector grow in the...

Weaker coal, nickel prices undermine DMCI earnings

Lower prices of coal and nickel and fewer construction projects and real estate revenue undercut sales of diversified engineering conglomerate DMCI Holdings Inc., pushed lower its net income in the first quarter by double digits.

WTCA cites importance of MICE sector to Philippine, regional economic growth  

The World Trade Centers Association (WTCA) highlighted the significant contributions of the meetings, incentives, conferences and exhibitions (MICE) industry to the growth of the Philippine economy, as it continues to collaborate with the local World Trade Center Metro Manila (WTCMM) to promote regional trade and cross-border investments through various global events and programs.

MPIC bares foreign interest in Terra Solar

Only two of five foreign entities looking to take a minority position at Terra Solar Philippines Inc. will be allowed to come in, Metro Pacific Investments Corp. (MPIC) chairman Manuel V.l Pangilinan told reporters on Tuesday. 

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Development banks unlock $792B to finance global growth

The world’s leading development banks have expanded their collective lending capacity by USD792 billion over the next decade, opening more room to finance infrastructure, jobs and climate resilience in developing economies, including the Philippines.

DepEd, DILG hook schools into Unified 911 for faster emergency response

Schools are being plugged into the country’s Unified 911 emergency system, allowing reports of campus violence and security threats to reach the Department of Education (DepEd) and police simultaneously as the government moves to speed up responses to school emergencies.

Filipino cuisine serves up P773M in Paris tourism leads

Filipino cuisine is making a pitch for a bigger place on Europe’s travel menu, and the potential price tag is substantial. A total P772.8 million in sales leads generated by Philippine tourism promotions in Paris.

Almazora drives Philippine transport from carriages to modern PUVs

Before horsepower became a figure on a vehicle specification sheet, it meant exactly what it said: a horse pulling a carriage.
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