The farm gate price of a kilo of palay continued to rise in January, according to data released Wednesday by the Philippine Statistics Authority, which is a boon for farmers but a bane for rice consumers.
Local output growth measured as the gross domestic product (GDP) is forecast to ease further this year to 5.4 percent, lower than last year's growth print of 5.6 percent, analysts at the Manila unit of the Dutch giant ING said on Monday.
The government already spent in 11 months P1.02 trillion of its commitment to spend P1.33 trillion in various public infrastructures in 2023, Budget Secretary Mina F. Pangandaman said on Sunday.
Foreign investments approved by various investment promotions agencies reached P394.45 billion in the fourth quarter, more than double the P173.61 billion in the year-earlier period even though a number of IPAs didn’t report any approvals during the period.
The Department of Environment and Natural Resources (DENR) has ordered sanitary landfill operators across the country to prepare contingency plans for fires and other emergencies, following a nationwide audit of waste facilities.
Laguindingan International Airport, the country’s tenth busiest gateway operated by Aboitiz InfraCapital, recently staged a high-stakes emergency simulation that looked less like a routine compliance exercise and more like a full-scale stress test of how an airport actually holds together under pressure.
Government spending on environmental protection in the Philippines posted a modest increase in 2025, but the latest data suggests persistent gaps in how resources are allocated and tracked.
Lito Villanueva, executive vice president and chief innovations and Inclusion of Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, called for stronger cross-industry collaboration and more adaptive regulation to accelerate digital banking across Asia.