Damage to the agriculture sector from heavy rains and flooding caused by the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay, and Neneng has climbed to P3.62 billion as of September 3, 12 noon, the Department of Agriculture (DA) confirmed. This is up from the P3.39 billion reported just 20 hours earlier on September 2 afternoon.
Concertgoers may be forgiven for wanting to take home more than a souvenir shirt or a blurry selfie. But when the camera keeps rolling long after the favorite song starts, the Intellectual Property Office of the Philippines (IPOPHL) says fans could be crossing a legal line.
The Department of Agriculture is sharpening its strategy against the potential return of the El Niño weather phenomenon, responding directly to alerts from central bank officials that future droughts could trigger a new wave of inflation. Monetary authorities have emphasized that farm output and market prices are deeply linked, making agriculture policy a primary front in the country’s fight against rising living costs. For everyday consumers, any drop in farm production quickly turns into higher prices for kitchen staples, directly impacting household budgets.
The Bangko Sentral ng Pilipinas (BSP) today welcomed the Japan Credit Rating Agency (JCR)’s affirmation of the Philippines’ “A-” investment-grade credit rating with a stable outlook, a vote of confidence in the country’s solid economic fundamentals even amid growing global uncertainty such as the ongoing conflict in the Middle East.
The Bangko Sentral ng Pilipinas expects headline inflation for August 2026 to settle between 5.5 and 6.5 percent, outlining a persistent trajectory above official targets despite recent monetary tightening. According to the central bank, upward pressures on consumer prices during the month are driven primarily by higher costs for rice, vegetables, fruits, and fish, which have been exacerbated by unfavorable weather conditions alongside elevated domestic fuel prices.