Top News
Wider rice sale at P29 a kilo may include areas outside Luzon by Aug — DA chief
Agriculture Secretary Francisco P. Tiu Laurel, Jr. said Friday that government will expand coverage of the P29 rice program to include areas outside of Luzon by next month.
Del Monte Pacific tells SGX it could effectively manage its debts
Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.
President Marcos expects TPLEX extension to spur economic growth in North Luzon
President Ferdinand R. Marcos Jr. on Wednesday witnessed the formal presentation of the Concession Agreement for the Tarlac-Pangasinan-La Union Expressway extension project, a cornerstone of the Build Better More infrastructure program and aims to shorten to 40 minutes the usual 90-minute drive between Rosario and San Juan, both towns of La Union.
Philippines trade deficit widened in May to $4.6 billion; electronics led export decline
The Philippines' trade deficit widened in May to USD4.6 billion from USD4.4 billion in the year-earlier period as the decline in exports, led by lower sales of electronic products, was magnified by a margin decline in imports.
Unemployment rate eases to 4.1 percent in May; 48.87 million Filipinos with jobs
Unemployment rate in the Philippines eased in May to 4.1 percent from 4.3 percent in the same period last year as the economy generated more jobs, helped by increased spending on infrastructure development.
