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.
Victoria International Container Terminal (VICT), the fully automated facility run by International Container Terminal Services, Inc. (ICTSI) at Australia’s Port of Melbourne, has deployed four new Kalmar hybrid automatic container carriers as part of its expansion plan.
The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.
Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.
SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country.