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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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BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.

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