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Axelum plans P400 million capital spending to rebound in 2024

Axelum Resources Corp., the country’s leading fully-integrated manufacturer and exporter of premium coconut products, plans to spend up to P400 million to deploy additional capacity and upgrade its equipment and facilities this year.

DA says mackerel import ban to flush out erring importers, won’t undermine fish supply

Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Thursday downplayed claims  the impending import ban against frozen round scad, bonito and mackerel would undermine production of canned fish, particularly mackerel.

NAIA Terminal 3 finally getting much-needed electrical systems upgrade

The Manila International Airport Authority (MIAA) has started essential power maintenance activities at Terminal 3 of the Ninoy Aquino International Airport (NAIA) lasting up to 28 May this year to replace outdated electrical components helping sustain last year's electrical systems upgrade.

Visitor arrivals up 18% in 1Q on influx of South Korean tourists

Overseas Filipino workers, who are included in the data sourced by the DOT from eTravel, accounted for 5.7 percent of arrivals, or a total 94,265, lower by 16 percent from the same period last year.

300 MW new capacity comes online in hot months up ahead

The Department of Energy (DOE) said as much as 300 megawatts worth of additional power is coming online during the summer months.

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Japan talks unlock Philippine farm export gains 

Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.

First Gen: New hydro projects to deliver P16B annual income by 2031

First Gen Corp. expects its upcoming hydro power projects to generate roughly P16 billion in net income annually once fully operational by 2031.

Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

DA reforms El Niño Task Force amid threat of prolonged dry spell

The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.

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