The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced a 25 basis point reduction in its key interest rates, lowering the target reverse repurchase rate to 6 percent.
Economic Planning Secretary Arsenio Balisacan underscored the critical role of public-private partnership projects in bolstering disaster resilience in the Philippines at the 2024 Asia-Pacific Ministerial Conference on Disaster Risk Reduction.
Farm gate prices of palay were higher in September compared to the year-earlier level even as it eased from the level in August, boosting rice farmers income.
The Department of Agriculture (DA) on Monday projected a stronger agricultural sector output in 2025 on the back of lessons learned from current year's...
The Executive Board of the International Monetary Fund (IMF) has concluded its review of charges and the surcharge policy and has bared significant reforms aimed at reducing borrowing costs for member countries like the Philippines.
National rice stocks at the start of May were estimated at 2.37 million metric tons, marking a 14 percent increase compared to the same period last year. This growth was primarily driven by the aggressive palay procurement efforts of the National Food Authority (NFA).
The Department of Agriculture (DA) has approved the request of the Department of Social Welfare and Development (DSWD) to supply 490,000 sacks of rice from June to December, bolstering the welfare agency’s disaster response and feeding programs for vulnerable communities nationwide.
The Bangko Sentral ng Pilipinas (BSP) has received the prestigious “Best New Banknote or Banknote Series” award from the International Association of Currency Affairs (IACA) for its First Philippine Polymer Banknote Series (FPPBS), recognized during a ceremony in Bangkok on 28 May.
The Sugar Regulatory Administration (SRA) on Monday called for the declaration of emergency powers and urgent inter-agency action as the infestation of red-striped soft scale insects (RSSI) in Negros Island escalates, threatening over 60 percent of the nation’s sugar production.