The economy expanded at the rate of 5.7 percent in the first three months of the year in terms of the gross domestic product (GDP), slower than various analyst forecasts averaging 5.9 percent during the period but quicker than the adjusted but scaled-back growth of only 5.5 percent a quarter earlier, the Philippine Statistics Authority (PSA) said on Thursday.
Efforts of President Ferdinand Marcos, Jr.'s administration to modernize agriculture and assist farmers and fishermen helped the farm and fishery sector grow in the...
Output growth averaging only 5.5 percent in the December quarter last year was seen accelerated to 5.8 percent in the quarter ended March this year, according to analysts at Moody's Analytics
The government has awarded 92 offshore wind (OSW) contracts with potential capacity of 65,049 megawatts (MW) as of 25 March this year, the Department of Energy (DOE) said.
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.