Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.
Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA).
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.
More than 200 Filipino exporters gathered under one roof this week, turning the Department of Trade and Industry's (DTI) Bagong Pilipinas National Exporters' Fair 2026 into a showcase of how local businesses are finding new opportunities despite an increasingly uncertain global trading environment.
Food producer Bounty Fresh Group is looking beyond the country's biggest urban centers for its next phase of restaurant growth, expanding into emerging cities and municipalities where competition is lighter and consumer demand continues to rise.
Aboitiz InfraCapital Bohol Airport Corp. has awarded Petron Corporation the contract to design, build, operate and maintain a new Jet A-1 fuel farm at the Bohol-Panglao International Airport to support the facility’s rising passenger numbers and flight movements.
Globe Telecom Inc. has entered a strategic partnership with KDDI Corporation, one of Japan’s top telecommunications and digital services firms, to unlock new growth opportunities for mobile services and transform retail experiences across the Philippines.