Agriculture Secretary Francisco P. Tiu Laurel Jr. has delivered a bold policy pivot, ordering an immediate freeze on all new agricultural land reclassification applications as the Department of Agriculture (DA) moves to fortify the nation’s food security strategy and shield precious farmland from rapid conversion pressures.
Investors are getting a fresh menu of peso bond options as state-owned Landbank of the Philippines and lister property developer Rockwell Land Corp. line up new offerings, tapping demand for predictable income while interest-rate expectations remain finely balanced.
Aboitiz InfraCapital, Inc. (AIC) said its airport portfolio made a strong showing last year, recording 16.2 million passenger arrivals as air travel demand continued to surge across the Visayas and Northern Mindanao.
The Philippine Economic Zone Authority (PEZA) is accelerating the rollout of digital permits, visa processing, and customs integration, translating the Marcos administration’s “Big Bold Reforms” agenda into concrete, on-the-ground improvements for investors.
The Philippines is ramping up efforts to bring more locally made products into New Zealand’s mainstream supermarket aisles, as demand for Asian food and flavors continues to broaden beyond migrant communities.
Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.