The country’s palay and corn production for the second quarter is projected to record double-digit increases, the latest estimates of the Philippine Statistics Authority.
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Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.
National rice stocks at the start of May were estimated at 2.37 million metric tons, marking a 14 percent increase compared to the same period last year. This growth was primarily driven by the aggressive palay procurement efforts of the National Food Authority (NFA).
The country's rice stocks inventory was estimated at 1.61 million metric tons at the start of March, an 18 percent increase from the 1.37 million metric tons recorded in the same period last year.
Palay production in the first quarter of 2025 is expected to reach 4.72 million metric tons, with higher yields offsetting a decrease in rice planting area, according to the latest estimate of the Philippine Statistics Authority (PSA).
Megawide Construction Corp. has signed a lease agreement with the Baguio City government for the P1.2-billion Baguio City Integrated Terminal (BCIT), marking a major addition to the company’s transport and commercial portfolio.
Globe Telecom has expanded its collaboration with Nokia to speed up the rollout of network application programming interfaces (APIs), a move expected to strengthen digital services and security across multiple industries in the Philippines.
Bell-Kenz Pharma has partnered with the Department of Transportation’s Special Action and Intelligence Committee for Transportation to train one million Filipinos in cardiopulmonary resuscitation and other basic life-saving skills, with an initial focus on the country’s busiest transport hubs.
The Bank of the Philippine Islands (BPI) and the Department of Information and Communications Technology’s ICT Literacy and Competency Development Bureau (DICT-ILCDB) have partnered to strengthen cybersecurity across government institutions, as cybercrime continues to rise in the country.