The Philippine economy expanded 4.0 percent in the third quarter, its slowest pace since the COVID-19 pandemic, as household and government spending were weighed down by bad weather and a high-profile corruption probe into public works projects, the Philippine Statistics Authority reported Thursday.
The Department of Environment and Natural Resources (DENR), through its Environmental Management Bureau (EMB), has set a public scope for the proposed 140-megawatt (MW) floating solar power project in Paniqui, Tarlac.
The Department of Agriculture (DA) is set to impose a separate maximum suggested retail price (MSRP) for imported red onions as prices remain high, according to DA Secretary Francisco Tiu Laurel Jr.
Netflix Inc. reported a 17 percent jump in third-quarter revenue to USD11.51 billion, driven by membership gains, price adjustments, and higher ad sales. With...
The Philippines is stepping up agricultural ties with Türkiye, targeting stronger trade in poultry, seafood, and tropical products while boosting Halal-certified feed production. A recent meeting between represenatives of the Department of Agriculture and the Turkish Embassy focused on enhancing food security and opening new markets for high-value Philippine exports.
Discovery Capital Finance Corp. (DCFC) and fintech company KreditHero, Inc. have announced a nationwide partnership to expand access to financing for small and medium enterprises (SMEs) across the Philippines. The collaboration combines Discovery Capital’s lending experience and network with KreditHero’s digital technology and wide reach, aiming to make it easier and faster for entrepreneurs to secure funding.
The governments of the Philippines and South Korea have opened new rice seed processing and cold storage facilities at the Department of Agriculture–Philippine Rice Research Institute (PhilRice) in Muñoz, Nueva Ecija. The project marks PhilRice’s 40th anniversary and aims to modernize the country’s rice seed supply chain.
San Miguel Corp. (SMC) has partnered with the provincial government of Laguna to expand its river cleanup and restoration program aimed at reducing flooding across the province.