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).
Metro Retail Stores Group, Inc. (MRSGI) has unveiled Metro Corner, a new premium lifestyle store concept aimed at redefining convenience for urban communities.
The Securities and Exchange Commission (SEC) has cautioned the public against investment solicitations involving the establishment of fitness gyms disguised as franchise or co-franchise agreements.
The Bangko Sentral ng Pilipinas (BSP) has enhanced its regulatory relief policies to better support banks and borrowers affected by calamities, reinforcing efforts to maintain financial stability and resilience during crises.
The Philippines is in talks with Malaysia for a possible interconnection of their power grids, which could mark the country’s first link to a regional electricity network, Energy Secretary Sharon Garin said on Monday.