President Ferdinand R. Marcos Jr. has ordered the establishment of a floor price for palay to protect farmers from abusive traders during the harvest season, signaling a more interventionist approach in the agricultural sector.
Ayala Land Inc. (ALI) has acquired the New World Hotel Makati for approximately P1.43 billion, marking a key strategic move to expand its hospitality portfolio in the country’s premier financial and commercial district.
The Philippine government posted a budget deficit of P869.2 billion at the end of August, around 56 percent of the revised full-year target of P1.56 trillion for 2025.
The global economy is entering a period of prolonged weak growth and structural disruption, with mounting risks for emerging markets like the Philippines. This is according to the latest Chief Economists’ Outlook, released today by the World Economic Forum.
The Department of Agriculture (DA), in partnership with the Korea Agricultural Machinery Industry Cooperative (KAMICO), launched a two-day Mechanization Roadshow aimed at modernizing farming practices across Mindoro through the introduction of advanced agricultural equipment and technologies.