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    Agriculture accounts for 1 in every 4 jobs in December

    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

    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

    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

    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

    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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    FMR construction seen dropping 20% under DA auspices

    Agriculture Secretary Francisco Tiu Laurel Jr. said the Department of Agriculture (DA) expects to cut construction costs by up to 20 percent when it assumes responsibility for building farm-to-market roads (FMRs) from the Department of Public Works and Highways (DPWH) starting next year.

    Cebu Pacific launches Piso Sale for 2026 travel

    Cebu Pacific (CEB) has launched its popular Piso Sale, giving travelers a chance to book flights for as low as ₱1 one-way base fare (excluding fees and surcharges) until November 15.

    DITO, InfiniVAN tandem seen boosting network resilience

    DITO Telecommunity Corp. has signed a Master Facilities Provisioning Agreement (MFPA) with InfiniVAN, Inc. to boost the country’s digital infrastructure through improved network resilience, wider coverage, and increased capacity.

    AGI net income rises 24% in first nine months

    Alliance Global Group Inc. (AGI), led by Andrew L. Tan, reported a 24 percent jump in net income to P24.8 billion for the first nine months, partly due to a one-time P3.4 billion gain from reclassifying its McDonald’s Philippines unit as an associate.

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