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).
The Bistro Group, following its acquisition by Bounty Fresh Group Holdings affiliate Inoza Business Holdings Inc., is convinced that Filipinos still have a healthy appetite for dining out, and is investing nearly P1 billion to make sure there are more tables waiting.
The Philippine Stock Exchange (PSE) has appointed three new members to its board of directors during its recent annual stockholders’ meeting, while keeping top officials in their posts.