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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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Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

PDIC auctions prime assets via e-bidding

The Philippine Deposit Insurance Corporation (PDIC) will conduct an electronic public bidding for prime corporate and closed-bank properties on April 22–23, offering investors a diverse portfolio of real estate assets across the country through its online bidding platform.

MWSS approves Manila Water tariff adjustment

Metropolitan Waterworks and Sewerage System (MWSS) has approved a slight tariff adjustment for Manila Water Co., following the implementation of a Foreign Currency Differential Adjustment (FCDA) under the utility’s concession agreement.

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