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.
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...
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.
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.
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.
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.
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 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.