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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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    PH commits to global crypto tax reporting by 2028

    The Department of Finance (DOF) has formally committed to adopting the Crypto-Asset Reporting Framework (CARF) by 2028, as part of efforts to combat cross-border tax evasion and illicit financial flows. This aligns with President Ferdinand R. Marcos Jr.’s fiscal agenda focused on efficient and transparent tax administration.

    Ayala Corp. dominates FinanceAsia Awards with seven major wins

    Ayala Corp. reaffirmed its stature as a corporate leader, sweeping seven awards—including five golds—at the 2024 FinanceAsia Awards, the most by any Philippine company this year.

    MediaTek unleashes Dimensity 9400+: Android’s fastest 5G chip yet

    MediaTek has introduced the Dimensity 9400+, its most advanced 5G smartphone chip to date, delivering significant upgrades in speed, AI, gaming, and connectivity. According to Dr. Yenchi Lee, general manager of MediaTek’s Wireless Communications Business Unit, the chip is poised to redefine both personal and professional mobile experiences.

    Semirara Mining earns top Asia-Pacific honor

    Integrated energy leader Semirara Mining and Power Corporation (SMPC) has proudly claimed the Gold medal in FinanceAsia’s 25th Asia’s Best Companies Poll. Topping the Philippines in the Best Managed - Basic Materials category, Semirara Mining's recognition came from votes by regional investors and financial analysts.

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