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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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Electric cooperatives demand energy reforms as Visayas power grid struggles 

Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.

Nestlé PH pours nearly P500M into Batangas plant to boost chocolate drink production

Nestlé Philippines has committed nearly P500 million to expand its manufacturing facility for Chuckie chocolate drink in Tanauan City, Batangas, marking a major move to scale up output and respond to rising consumer demand.

Filinvest opens energy-efficient tech to external clients 

Filinvest Group has rolled out two key energy efficiency initiatives: an EV charging station at Festival Mall in Muntinlupa City, and broader availability of its high-efficiency district cooling systems for companies outside its portfolio.

Gov’t delivers swift aid and support for weather-hit farmers 

The Department of Agriculture (DA) and Department of Agrarian Reform (DAR) are rolling out urgent financing and recovery measures to help farmers and fisherfolk overcome hardships brought by recent habagat and typhoons.

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