The Australian government on Friday committed to share expert knowledge with the Philippines in the areas of transport, telecommunications and energy under an ongoing...
Small and medium business enterprises in the Philippines are likely punished by rising inflation averaging at least 5.4 percent this year, making it imperative for SMBs of close to a million to embrace technology and cut operating costs by 10 percent or larger.
Food price inflation remains elevated in countries around the world, the Philippines included, where food alone accounts for more than half the consumer price...
Although officials acknowledge the rising interest rate environment is a tough challenge, consumer finance provider Home Credit Philippines is confident of adding some 70,000 more clients this year and lift its customer base to 10 million from or less 9.3 million at the moment.
Foreign direct investments (FDI) flowed inward on net basis last year to $9.2 billion, sharply lower than in 2021 when this aggregated $12 billion.
In...
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.
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.
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.