Tag: economy

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Palay output in 1Q up 0.3%, sets new yield record

Palay production in the first quarter of the year rose by 0.3 percent, reaching 4.7 million metric tons, with yields setting a new record high.

Philippines jobless rate eases to 4.3% in January

The Philippines' unemployment rate decreased to 4.3 percent in January, down from 4.5 percent in the same period last year, as the economy continued to create more jobs to accommodate new entrants to the labor force, according to the Philippine Statistics Authority (PSA) report on Thursday.

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SEC revokes registration of Delisha Lending for regulatory breaches

The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.

RLC infuses six properties worth ₱10.62 billion into REIT

Robinsons Land Corporation (RLC), led by the Gokongwei group, will inject six of its shopping mall properties collectively valued at ₱10.62 billion into its real estate investment trust, RL Commercial REIT Inc. (RCR).

DMCI to open Batangas resort early next year

DMCI Homes Inc. on Tuesday said it is opening its resort in San Juan in Batangas by February next year, positioning it as a beachfront destination that brings together leisure amenities and facilities for business and social events within a single integrated resort.

DICT rolls out digital IDs for delivery riders under new licensing system

The Department of Information and Communications Technology (DICT) has launched digital identification for delivery personnel to boost consumer protection, curb fraud, and formally recognize legitimate workers.

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