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DA caps pork prices to stabilize prices ahead of Christmas holidays
The Department of Agriculture (DA) is stepping into the holiday rush with a firm hand, setting maximum suggested retail prices (MSRP) on pork in Metro Manila starting today to shield consumers from runaway costs while ensuring a fair return in the pork industry value chain.
Slower November inflation bolsters case for BSP rate cut
Inflation cooled to 1.5 percent in November, its slowest pace in three months, as rice and corn prices stayed down and cost pressures across several key consumer items eased, the Philippine Statistics Authority reported Friday.
Rice stocks higher as harvest nears peak
Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.
Panasonic building new P3B factory in Laguna
Panasonic Manufacturing Philippines Corp. is pouring roughly P3 billion into a new factory at the Laguna Technopark in Santa Rosa, marking one of the company’s biggest local expansions in recent years as it strengthens its manufacturing footprint in the country.
Lending slows but liquidity growth picks up in October
The outstanding loans from universal and commercial banks continued to rise in October although growth eased a bit. Preliminary Bangko Sentral ng Pilipinas (BSP) data show bank lending grew 10.3 percent year-on-year, down from 10.5 percent in September. On a month-to-month basis, lending increased 0.6 percent after seasonal adjustments.
State guarantee to power wider SME loans under DCFC partnership
State-owned Philippine Guarantee Corp. (Philguarantee) has partnered with Discovery Capital Finance Corp. (DCFC) to widen credit access for small and medium enterprises (SMEs) across the country.
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DA caps pork prices to stabilize prices ahead of Christmas holidays
The Department of Agriculture (DA) is stepping into the holiday rush with a firm hand, setting maximum suggested retail prices (MSRP) on pork in Metro Manila starting today to shield consumers from runaway costs while ensuring a fair return in the pork industry value chain.
Slower November inflation bolsters case for BSP rate cut
Inflation cooled to 1.5 percent in November, its slowest pace in three months, as rice and corn prices stayed down and cost pressures across several key consumer items eased, the Philippine Statistics Authority reported Friday.
Rice stocks higher as harvest nears peak
Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.
Panasonic building new P3B factory in Laguna
Panasonic Manufacturing Philippines Corp. is pouring roughly P3 billion into a new factory at the Laguna Technopark in Santa Rosa, marking one of the company’s biggest local expansions in recent years as it strengthens its manufacturing footprint in the country.
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DA caps pork prices to stabilize prices ahead of Christmas holidays
The Department of Agriculture (DA) is stepping into the holiday rush with a firm hand, setting maximum suggested retail prices (MSRP) on pork in Metro Manila starting today to shield consumers from runaway costs while ensuring a fair return in the pork industry value chain.
Slower November inflation bolsters case for BSP rate cut
Inflation cooled to 1.5 percent in November, its slowest pace in three months, as rice and corn prices stayed down and cost pressures across several key consumer items eased, the Philippine Statistics Authority reported Friday.
Rice stocks higher as harvest nears peak
Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.
Panasonic building new P3B factory in Laguna
Panasonic Manufacturing Philippines Corp. is pouring roughly P3 billion into a new factory at the Laguna Technopark in Santa Rosa, marking one of the company’s biggest local expansions in recent years as it strengthens its manufacturing footprint in the country.
Lending slows but liquidity growth picks up in October
The outstanding loans from universal and commercial banks continued to rise in October although growth eased a bit. Preliminary Bangko Sentral ng Pilipinas (BSP) data show bank lending grew 10.3 percent year-on-year, down from 10.5 percent in September. On a month-to-month basis, lending increased 0.6 percent after seasonal adjustments.
State guarantee to power wider SME loans under DCFC partnership
State-owned Philippine Guarantee Corp. (Philguarantee) has partnered with Discovery Capital Finance Corp. (DCFC) to widen credit access for small and medium enterprises (SMEs) across the country.
Clark Airport set for major upgrade under new DOTr-BCDA pact
The Department of Transportation (DOTr) and the Bases Conversion and Development Authority (BCDA) have signed a new agreement to turn Clark International Airport (CRK) into a leading center for industrial, manufacturing, transport and related services.
False filings cost Discaya companies their corporate status
The Securities and Exchange Commission (SEC) has canceled the registration of two construction companies owned by the Discaya family, who are linked to a flood-control corruption probe.
ABS-CBN’s road to recovery hits a speed bump
The recovery of ABS-CBN, already slow and painful, has only gotten more challenging after TV5 issued a notice of termination of its TV Content Supply Agreement—a move that threatens to shut a major broadcast distribution avenue for the listed entertainment company and underscores its financial fragility since it lost its franchise in 2020.
St Lukes opens country’s first inhaler clinic
St. Luke’s Medical Center has launched the country’s first dedicated Inhaler Clinic Service in Global City to improve treatment for patients with asthma, COPD, and other lung conditions. The clinic aims to address widespread problems in inhaler use, as studies show most patients do not use their devices correctly, resulting in poor symptom control and more frequent attacks.