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PH targets production of 53 million liters of milk by end of 2026
The National Dairy Authority (NDA) said the Philippines aims to produce up to 53 million liters of milk by the end of 2026, with a milk sufficiency level target of 2.33 percent.
Philippines, Vietnam strengthen rice supply deal
The Philippines and Vietnam have strengthened their agricultural partnership by securing a major rice supply agreement during talks held on the sidelines of the ASEAN Summit in Cebu.
ASEAN pushes energy, food, citizen protection priorities
President Ferdinand Marcos Jr. highlighted at the close of the 48th Association of Southeast Asian Nations Summit on Friday in Cebu the bloc’s new focus on energy security, food resilience, and protection of nationals amid ongoing global crises.
Philippines keeps strong dollar buffer despite risks
The Philippines maintained a strong external financial buffer as gross international reserves (GIR) settled at USD104.1 billion as of end-April 2026, giving the country ample protection against global market volatility, rising import costs and external debt pressures.
Output growth slows to near-pandemic low in 1Q
The economy grew by 2.8 percent in the first quarter of 2026, slowing from 3 percent in the previous quarter and falling short of the government’s expectations of 3.5 percent growth, according to official data.
