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Storm-driven food price spikes push Nov inflation to 2.5%—PSA

The rate at which prices change across the Philippines, more known as inflation, accelerated to 2.5 percent in November, from only 2.3 percent in October, the Philippine Statistics Authority reported on Thursday.

PLDT corporate communications head retires

Early Monday, PLDT announced the “voluntary retirement” of veteran journalist Catherine Yap-Yang, a first vice president and head of the company’s corporate communications group. Her retirement took effect December 1.

ASEAN+3 sustainable bond market hits USD893B in 3Q

The sustainable bond market in the ASEAN+3 region experienced significant growth in the third quarter, with outstanding sustainable bonds reaching USD893.1 billion by the end of September, according to data collected by the Asian Development Bank’s Asia Bond Monitor. 

Group complains of sugar price manipulation and calls for urgent government intervention

The United Sugar Producers Federation (Unifed) has called for immediate government action to address the alarming decline in mill price of sugar, which is threatening the livelihood of local farmers.

Unsold condos hits 75,300 units in 3Q—Colliers

Colliers, a leading diversified professional services and investment management company, said its latest data for the third quarter reveals that unsold condominium inventory in Metro Manila has ballooned to 75,300 units, including both pre-selling and ready-for-occupancy units. 

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Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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