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BSP cuts interest rates again to foster growth amid easing inflation

Banking & Insurance Context.ph Context.ph -
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.

Public-Private Partnerships key to enhancing disaster resilience in the Philippines

Top News Context.ph Context.ph -
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.

Palay farm gate prices up 13% in September

Top News Context.ph Context.ph -
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.

DA allocates P93.8M aid for typhoon-hit farmers

Top News Context.ph Context.ph -
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...

IMF reform to ‘substantially’ cut borrowing costs for member countries

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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.
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Middle East conflicts force another weekly spike in local fuel prices

Energy & Mining 0
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

Agriculture 0
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

Sports & Entertainment 0
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

Agriculture 0
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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