Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA).
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
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Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.
Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.
The Bangko Sentral ng Pilipinas (BSP) forecasts that inflation in April will stay subdued, likely settling between 1.3 percent and 2.1 percent, continuing the downward trend seen in previous months. This outlook suggests easing price pressures for both households and businesses amid favorable supply conditions and global commodity trends.
Department of Agriculture Secretary Francisco Tiu Laurel Jr. has pledged strong support for Filipino hog raisers suffering from steep financial losses caused by cheap foreign pork and dropping farmgate prices.
Consumers and business owners face another week of contrasting fuel prices as global supply tensions continue to ripple through local pumps. Gasoline prices are projected to decrease by up to ₱1.00 per liter, offering mild relief to private motorists, while diesel prices are expected to rise significantly by up to ₱3.00 per liter, according to estimates from Jetti Petroleum.
DigiPlus Interactive Corp. aims to launch as many as 60 new games next year, expanding its lineup as competition heats up in the Philippine online gaming space. The company is also stepping up its focus on original, locally developed titles rather than relying on foreign content, setting it apart from many industry peers.
The National Telecommunications Commission (NTC) has confirmed analog television broadcasts in Mega Manila will officially cease on November 22, 2026, marking a major milestone in the country’s shift to digital TV. Deputy Commissioner Alvin Blanco said the target date is firm, and that television networks have been preparing public service announcements and information materials to help people get ready for the change.