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.
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.
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.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Wednesday urged senators to back the proposed P216.1-billion budget for the Department of Agriculture (DA) for 2026, calling it a crucial investment in food security and the welfare of farmers and fisherfolk.
Top Line Business Development Corp. said its board of directors has approved the reclassification of 800 million unissued common shares into preferred shares, both with a par value of P0.10 per share.
At first glance, these are just like any other hotel kitchen: gleaming countertops, sizzling pans, chefs in crisp whites. But peek behind the swinging doors of several institutions of SM Hotels and Conventions Corp., and you will find something quietly revolutionary simmering—yesterday’s leftovers becoming tomorrow’s harvest.
Mets Cold Storage Services, Inc. has signed a supply agreement with First Gen Corp. to shift its cold storage facility in Cagayan de Oro to renewable energy, marking a major move toward sustainable operations.