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Growth across ASEAN 5 seen accelerated to 4.5 percent in latest WEO projections
Economic growth across the ASEAN 5, collectively measured in terms of the gross domestic product (GDP) and which includes the Philippines, were to accelerate from last year's 4.1 percent to 4.5 percent this year, according to calculations by the International Monetary Fund (IMF) in the latest iteration of the World Economic Outlook projections.
“MPTC buyout offer to government stands, it’s dispute with PEATC notwithstanding”
Metro Pacific Tollways Corp. on Tuesday said it remains interested in acquiring the government's stake at the Manila-Cavite Expressway (Cavitex) even in the face of an ongoing dispute with its partner, the Public Estates Authority Tollway Corporation (PEATC), a unit of the Philippine Reclamation Authority (PRA).
Rice wholesale price remains elevated in March — PSA data
The wholesale price of rice continued to rise in March, with well-milled rice hitting a national average of P50.84 a kilo, data from the Philippine Statistics Authority show.
Changing consumer preference, smuggling set tobacco manufacturer teeth on edge
Changing consumption patterns and smuggling have set the collective teeth of the Philippine Tobacco Growers Association (PTGA) and the National Federation of Tobacco Farmers...
Philippines shows narrower deficit in trade of agricultural products in 2023 — PSA
The country's agricultural trade deficit narrowed in 2023 to USD11.49 billion as the both exports and imports of farm products decreased, data from the Philippine Statistics Authority showed.
