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Jobless rate rises in June as labor market shows mixed signals

The Philippines' unemployment rate rose to 4.9 percent in June from 4.8 percent in May, as the number of jobless Filipinos climbed to 2.59 million, underscoring the uneven pace of labor market recovery despite an increase in overall employment.

Semaglutide study raises fresh questions about bone health

Semaglutide has become one of the biggest success stories in obesity treatment, helping many patients lose 15 percent to 20 percent of their body weight. But new research suggests the celebrated weight-loss drug may come with an overlooked trade-off, at least in mice, by temporarily weakening bones even more than dieting alone.

Philippine farm output posts 2.9% growth in Q2

Philippine agriculture gathered momentum in the second quarter as all four major farm subsectors expanded, signaling a broader recovery that could bolster food supply and help temper inflation despite persistent climate and animal disease risks.

Gold rally powers OceanaGold, doubling profits

OceanaGold (Philippines) Inc. more than doubled second-quarter profit as soaring gold prices more than compensated for lower production, highlighting how a buoyant bullion market continues to shield miners from operational headwinds.

Chinabank profit climbs in H1 on lending growth

China Banking Corp. posted another solid quarter, with first-half earnings rising 11 percent as robust loan growth, stronger interest income and healthier asset quality offset higher operating expenses.

Just in

Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.
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