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Banks credit wary in 1Q under new BSP survey
The Bangko Sentral ng Pilipinas (BSP) reported mixed signals in credit conditions for the first quarter of 2025, with implications for the country's economic outlook and monetary policy stance.
“We cook and eat NFA rice everyday” – Agri chief Tiu-Laurel
The Department of Agriculture (DA) strongly rebuked on Tuesday Vice President Sara Duterte over what it described as a “deeply hurtful” and baseless remark suggesting that the government’s P20-per-kilo rice initiative involves substandard rice fit for animals, not people.
DA chief unveils P20/kilo rice project; pilot test in Visayas
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Wednesday unveiled an initiative that will fulfill President Ferdinand Marcos Jr.’s campaign promise to lower rice prices to P20 per kilo.
President Marcos leads launch of $350M VITRO data center
President Ferdinand Marcos Jr. on Wednesday led the inauguration of VITRO Sta. Rosa, the Philippines’ largest and first hyperscale data center—an advanced facility poised to accelerate artificial intelligence (AI) adoption and drive economic activity and investment.
Gold pulls back as market mood brightens on trade and Fed developments
Gold prices dipped below USD3,370 per ounce on Wednesday, extending their retreat from Tuesday’s record high of USD3,500, as investor sentiment improved amid signs of easing geopolitical and monetary tensions.
