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Rising tourist arrivals strain water and energy resources, increases CO2 output

The Philippines is grappling with increasing pressure on its water and energy resources due to a surge in tourist arrivals.

Central bank lending rate seen reflecting US Fed rate cut

Domestic interest rates, best reflected by the benchmark rate of the Bangko Sentral ng Pilipinas (BSP), are seen to mirror the reduction adopted by the US Fed, which has cut its own benchmark by 50 basis points, analysts say.

DA chief projects significant drop in rice prices by January due to tariff reduction

Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Wednesday projected a gradual easing of rice prices as soon as October as a result of the government decision reducing the tariff on imports.

3Q palay output projected to fall 11% to 3.36 million metric tons

The Philippine Statistics Authority projected an 11 percent reduction in palay output in the third quarter to 3.36 million metric tons.

OF personal remittances increase by 3.2% in July to USD3.43 billion

Personal remittances from Filipinos living and working abroad reached USD3.43 billion in July, an increase of 3.2 percent from the USD3.32 billion total in the same month last year.

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Pasig mayor Vico Sotto inducts PRSP board 2026-2027 term

The Public Relations Society of the Philippines (PRSP) inducted its 2026–2027 Board of Trustees before Vico Sotto, mayor of Pasig City, during a ceremony at the Temporary Pasig City Hall on March 9.

Prime Infra to acquire Colombian oil producer SierraCol

Prime Infrastructure Capital Inc. (Prime Infra), part of the Razon Group, has agreed to acquire all shares of SierraCol Energy Limited from global investment firm The Carlyle Group, a move analysts describe as timely and strategically important for both the company and the Philippines’ energy security.

SBCorp targets P12B loans, eyes P15B upside

The government’s lending arm for small businesses is aiming higher this year as demand for credit among entrepreneurs continues to grow.

Middle East conflict speed ASEAN renewables

Rising geopolitical tensions in the Middle East may unintentionally accelerate Southeast Asia’s shift toward renewable energy, as governments confront the economic risks of heavy dependence on imported fossil fuels.

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