The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).
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.
Philippine Economic Zone Authority (PEZA) underscored the critical role of advanced manufacturing sectors—particularly electronics, automotive, and die and mold industries—in driving investments, exports, and employment as it intensifies efforts to build a more resilient industrial ecosystem.
Aboitiz Equity Ventures, Inc. (AEV) has secured an “A-” foreign currency long-term issuer rating with a “Stable” outlook from Japan Credit Rating Agency, Ltd., reinforcing the conglomerate’s investment-grade standing as it accelerates expansion across power, banking, infrastructure, and consumer businesses.
DITO Telecommunity has expanded its prepaid lifestyle offerings with DITO StreamZone, a new set of data packages made specifically for video streaming users across the Philippines.
SMC Tollways Corp. reported a 7 percent growth in net income for the first quarter of 2026, reaching P12.62 billion, up from P2.44 billion in the same period last year. Consolidated total revenue rose 4 percent to P5.66 billion, fueled by higher vehicle volume across all expressway networks.