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).
A group of customs brokers has called on the government to address rising congestion at Manila’s main ports, warning that limited space for empty containers is causing truck backlogs and slowing trade.
The National Grid Corporation of the Philippines (NGCP) will complete seven major transmission projects worth at least P18.5 billion in 2026 to strengthen grid reliability and support rising electricity demand.
A coalition of 31 business and civic groups is turning up the heat on Congress, demanding passage of a “genuine” Anti-Political Dynasty Law and warning that watered-down reforms will only cement family monopolies in power.
Estate Water, a unit of Manila Water Philippine Ventures (MWPV), is celebrating its 10th year of operations with record growth and expanded services across the country.