AirAsia Philippines reported a surge in bookings in the first seven months of 2024, fueled in part by the itinerant tendencies of tech-savvy Gen Z and Millennial travelers.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. said Friday that government will expand coverage of the P29 rice program to include areas outside of Luzon by next month.
Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.
President Ferdinand R. Marcos Jr. on Wednesday witnessed the formal presentation of the Concession Agreement for the Tarlac-Pangasinan-La Union Expressway extension project, a cornerstone of the Build Better More infrastructure program and aims to shorten to 40 minutes the usual 90-minute drive between Rosario and San Juan, both towns of La Union.
The Philippines' trade deficit widened in May to USD4.6 billion from USD4.4 billion in the year-earlier period as the decline in exports, led by lower sales of electronic products, was magnified by a margin decline in imports.
Damage to the agriculture sector from the southwest monsoon and tropical cyclones Mirasol, Nando, and Opong has climbed to P5.01 billion, the Department of Agriculture (DA) reported in its noon advisory on Wednesday, October 8.
The Philippines continues to receive investment pledges despite the ongoing investigation into alleged corruption in flood-control infrastructure projects, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go said Thursday.
The Bangko Sentral ng Pilipinas (BSP) unexpectedly cut its benchmark interest rate by 25 basis points to 4.75 percent during its rate-setting meeting today, defying widespread market expectations of a hold at 5 percent.
The Department of Transportation (DOTr) announced Thursday the successful acquisition of right-of-way (ROW) in six critical areas from Calumpit, Bulacan to Clark, Pampanga, aimed at accelerating the completion of the North-South Commuter Railway (NSCR) System.