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Front loaded meat imports in May failed to lift downturn in 2023

The country imported 11 percent less meat in 2023 of only 1.2 billion kilograms versus 1.36 billion kilograms in 2022, according to data from the Bureau of Animal Industry (BAI).

AO 20 a necessary measure to ensure food security—NEDA chief

Economic Planning Secretary Arsenio Balisacan on Thursday called as a “necessary measure” for food security the issuance of Administrative Order 20, which streamlines procedures and policies and removes non-tariff barriers for the importation of agricultural products.

Digital economy posts high single-digit growth in 2023

The digital economy grew 7.7 percent larger in 2023 to P2.05 trillion from only P1.90 trillion the year before, Philippine Statistics Authority (PSA) said on Thursday. 

SMC vows to complete ongoing SLEX expansion program in time for the Christmas holidays

SMC vows to complete ongoing SLEX expansion program in time for the Christmas holidays

Filinvest REIT switches 5 buildings to green energy; 3 more set this year

Filinvest REIT Corp., the listed real estate investment trust of the Gotianun Group, said Thursday it has successfully transitioned earlier this year five of its office buildings to renewable energy sources under the government’s Green Energy Option Program.

Just in

Business groups push back on proposed 200% beverage tax hike

Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.

Lenovo unveils new AI PCs – performance without the premium price

Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.

Globe Platinum rethinks iPhone 18 launch with intimate dining events

Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.

Weak peso makes case for sharp interest rate hikes-BPI

The continued weakening of the Philippine peso past the 63 per U.S. dollar threshold is intensifying pressure on the Bangko Sentral ng Pilipinas to aggressively tighten monetary policy, with rate hikes now widely anticipated both next week and in December, according to the Bank of the Philippine Islands.
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