The Department of Agriculture is preparing up to P45 billion in interventions as El Niño-related agricultural losses climb to P6.87 billion, while moving to strengthen rice reserves and keep imports available as a contingency against a sharper production shortfall.
Retail sales this year are projected to reach $123 billion, roughly ₱7.71 trillion at current exchange rate, marking a 1.7 percent growth from $121 billion last year, according to the United States Department of Agriculture's Foreign Agricultural Service in Manila.
Filinvest REIT Corp. (FILRT) has announced a major executive reshuffle, naming current Chairman Joseph M. Yap as its new President and Chief Executive Officer, effective October 15.
Island Credit Solution (ICS) and the Philippine Statistics Authority (PSA) have formalized a partnership linking the National ID Authentication Services (NIDAS) to CreditMo, making ICS the first Special Accessing Entity and credit bureau partner successfully integrated with the system. For consumers, verifying identity to access credit information is now one quick step using the National ID, replacing the earlier multi-document process. Checks run directly against the National ID database, cutting fraud risk and protecting personal credit data.