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    Rice wholesale price remains elevated in March — PSA data

    The wholesale price of rice continued to rise in March, with well-milled rice hitting a national average of P50.84 a kilo, data from the Philippine Statistics Authority show.

    Changing consumer preference, smuggling set tobacco manufacturer teeth on edge

    Changing consumption patterns and smuggling have set the collective teeth of the Philippine Tobacco Growers Association (PTGA) and the National Federation of Tobacco Farmers...

    Philippines shows narrower deficit in trade of agricultural products in 2023 — PSA

    The country's agricultural trade deficit narrowed in 2023 to USD11.49 billion as the both exports and imports of farm products decreased, data from the Philippine Statistics Authority showed.

    Credit cards, car loans remain top draws as bank products

    Car loans and credit cards remain the banks' most popular products in latest data showing consumer loans having grown slightly above 25 percent in February this year.

    Jobless rate in February declines to 3.5 percent; services sector provides bulk of new jobs

    The unemployment rate in the country declined in February to 3.5 percent, equivalent to 1.8 million Filipinos, compared with the level in January and in February last year, the Philippine Statistics Authority said Thursday.

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    Baby bust economics: Filipinos hold button on pause

    The Philippine baby boom has hit the snooze button. Parenthood, once almost automatic, is now treated like a major purchase—priced, budgeted, and often postponed. Diapers and infant formula increasingly feel less like essentials and more like luxury items with designer tags. Timing, finances, and ambition are all carefully calculated before committing to the ultimate life investment.

    China recovery, e-Visa lift tourism outlook

    The Philippines’ tourism rebound is still stuck in economy class, slowed by the weak return of China and South Korea—once the twin engines of foreign arrivals. Latest Department of Tourism (DOT) data show 5.606 million international visitors as of December 20, with arrivals from January to November slipping 2.16 percent year on year to 5.35 million.

    PEZA smashes 2025 target with record growth

    The Philippine Economic Zone Authority (PEZA) has surpassed its 2025 investment target, approving P260.89 billion worth of projects and beating its P250-billion goal, while posting a 21.91 percent increase from the P214 billion recorded in 2024.p

    Global rail giants, SMC vie for NSCR O&M contract

    The Department of Transportation (DOTr) said Wednesday that strong interest from San Miguel Corp. and major local and international firms in the North-South Commuter Railway (NSCR) operations and maintenance (O&M) contract is “very encouraging.”

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