To further strengthen bilateral relations between the Philippines and Israel, state-run Land Bank of the Philippines and the Israel Embassy agreed to explore more areas of collaboration to advance economic development in the country.
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.
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.
The Philippine market for packaged soups and ready meals hit $176 million in retail sales in 2025, and is projected to rise to $237 million by 2030, according to the US Department of Agriculture in Manila, citing data from Euromonitor International.