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NFA boosts buffer rice stock, cuts 2024 deficit amid challenges
The National Food Authority (NFA), a government agency under the Department of Agriculture, made significant strides in 2024, achieving its highest rice buffer stocks in years, improving its operations, and significantly reducing its deficit despite facing challenges stemming from a leadership change and an ongoing Ombudsman investigation.
Lazada’s 13-year journey: Adapting for sustained growth
The online retailing platform Lazada recently turned 13 and Context.ph sat down with Alvin Ching who heads its Philippine selling operations. This interview is conducted against a background of consumption activities across the country averaging P2.48 trillion from 2000 until 2024, based on data from the Philippine Statistics Authority. Consumption hit a record high of P4.62 trillion in the fourth quarter last year alone, based on the same data set.
First-quarter business confidence drops, raising concerns over economic outlook
Business sentiment in the Philippines took a hit in the first quarter of 2025, as the overall confidence index (CI) plunged to 31.2 percent from 44.5 percent in the previous quarter, according to the Bangko Sentral ng Pilipinas (BSP).
Trump car tariff hurts stocks, stokes inflation concern
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets.
After market...
SEC approves 15% IPO float under exemptive relief
The Securities and Exchange Commission (SEC) on Thursday exercised exemptive relief, allowing companies to go public and offer under an initial public offering (IPO) only 15 percent of their equity structure instead of the mandatory 20 percent.
