The National Food Authority will need P16.3 billion next year to procure the country's target rice buffer stock and additional budget to upgrade storage capacity.
AirAsia Philippines on Tuesday projected strong operational performance in the second half this year on the basis of heightened willingness among Filipinos to spend on travel.
Tourist arrivals in the Philippines rose nearly 14 percent in the first four months of the year to 2.12 million, with foreign visitors led by tourists from South Korea.
PLDT Inc. is at a crossroad on the subject of its data center business but firm on arriving at a decision by June this year on whether the business is sold off or alternatively retained as a public or listed real estate investment trust (REIT) entity.
The Bases Conversion and Development Authority (BCCDA) on Friday said it is open to the idea of selling its stake at the Subic Clark-Tarlac Expressway (SCTEX) to Metro Pacific Tollways Corp. (MPTC) but only if the price is right.
Secretary Raphael Lotilla has formally taken over as the new head of the Department of Environment and Natural Resources (DENR), succeeding Maria Antonia Yulo-Loyzaga in a turnover ceremony held Monday.
The Department of Agriculture (DA) is intensifying measures to bring down the price of rice and pork, with new initiatives targeting both affordability and supply stability.
The Sugar Regulatory Administration (SRA) announced that sugar production for crop year 2023–2024 has breached the 2 million metric ton (MT) mark, surpassing both initial and pre-final projections.