Filipino rice farmers in 2022 earned an average P10,836 for every hectare—an income that requires frontloaded investment and a waiting period of up to four months highly at risk to weather changes.
The national treasury rejected all bids for the P30-billion, three-year treasury bonds it offered at auction Tuesday to prevent the cost of borrowing from rising.
Robust borrowing from both businesses and households pushed the Philippine money supply upward in September, underscoring a tightly knit loop between active bank lending and circulating financial liquidity.
Foreign tourist arrivals in the Philippines surpassed five million as of November 4, growing 3.74 percent from 4.82 million in the same period last year, with a sharp rebound in Chinese visitors helping offset declining arrivals from South Korea.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has emphasized how rice research and strong partnerships are helping Filipino farmers face growing climate threats, as the Philippine Rice Research Institute (PhilRice) celebrated its 41st anniversary Thursday, November 5.
Ayala Land Inc. reported double-digit declines in both its net income and revenues for the first nine months of the year, dragged down by softer sales across its residential and office development segments.