The Department of Agriculture (DA) on Wednesday released National Food Authority (NFA) rice stocks to local government units (LGUs) as a strategic food security emergency measure to stabilize rice prices and ensure affordable supply for consumers.
The Department of Transportation (DOTr) has approved a fare hike for the Light Rail Manila Corp. (LRMC), which will take effect on 2 April 2025. The decision, made official in a 14 February letter, comes after the LRMC petitioned for an increase in fares, citing adjustments in its concession agreement.
Personal remittances from overseas Filipinos (OFs) surged to a historic high of USD3.73 billion in December 2024, marking a three percent increase from the previous year. The robust inflows helped push full-year remittances to USD38.34 billion, the highest ever recorded, reflecting a three percent growth over 2023's USD37.21 billion.
A lenient Toll Regulatory Board (TRB) on Sunday announced that major toll expressways will reinstate cashless and contactless toll collection starting March 15, 2025, in accordance with regulatory efforts to streamline traffic flow and improve toll operations.
The National Dairy Authority (NDA), under the Department of Agriculture, has partnered with Phylum SARL, a France-based consultancy specializing in food, animal health, and welfare, to conduct a feasibility study for the Philippine Dairy Project.
A better cup of coffee begins long before the beans reach the roaster. In Northern Mindanao, it starts with better planting materials, improved farming practices, and a partnership aimed at turning higher yields into better livelihoods for coffee farmers.
The electricity grid is getting busier. Rooftop solar panels are turning homes into power producers, batteries are storing energy for later, and electric vehicles are adding new demands to the system.
The Bangko Sentral ng Pilipinas has welcomed a favorable assessment from Japan Credit Rating Agency highlighting the country’s continued economic resilience against global disruptions. The evaluation reinforces international confidence in the country’s capacity to absorb financial volatility, ensuring that domestic growth remains steady even during periods of global market instability and rising geopolitical tension.
The Jollibee Foods Corporation continues to leverage international store expansion to drive business growth, as its top executive emphasized the capacity of Southeast Asian brands to establish a strong presence in the global market during a regional summit in Pasay City.