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Agriculture accounts for 1 in every 4 jobs in December

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Agriculture continued to support job generation in the country, accounting for one in every four jobs in December, helping drive economic growth. Data from the...

El Nino waning, La Nina to develop in second half of 2024

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The La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean could emerge in the second half of 2024, following a strong El Ninoyear, a U.S. government weather forecaster said on Thursday.

SMC and partners bid the highest for the NAIA rehab program

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A consortium led by San Miguel Corp. and South Korea’s Incheon International Airport Corp. emerged as highest bidder for the P171 billion rehabilitation, operation and maintenance project of the Ninoy Aquino International Airport. 

Philippines jobless rate ease to 3.1% in December; services lead the way

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Unemployment rate in the country eased to 3.1 percent in December, its lowest rate in 2023.

Industrial production gains back some of the strength lost in recent months

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Industrial production in the Philippines, which measures the performance of the various industrial units such as manufacturing, mining and others, rose 2 percent in volume terms in December. In value terms, industrial production grew 2.6 percent.
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DTI warns vs hoarding, profiteering amid crisis

Economy 0
The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

Agriculture 0
The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

Agriculture 0
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

Banking & Insurance 0
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.

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