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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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Acwa, Nickel Asia power arm pursue 5,000 MW RE, gas projects in PH

Acwa Power Philippines and Emerging Power Inc. (EPI), the power generation unit of Nickel Asia Corp., have signed a deal to jointly develop up to 5,000 megawatts of renewable energy and natural gas-fired power facilities across the country.

PH sends first commercial carabao mango shipment to Toronto

The Philippines has dispatched its first-ever commercial batch of fresh Carabao mangoes to Toronto, Canada, according to the Department of Agriculture (DA).

Batangas Port delivers $28M economic boost

The Batangas Integrated Port (BIP), operated by Asian Terminals Inc. (ATI) in partnership with DP World, generated an estimated USD27.8 million in economic output and supported 2,340 jobs across the Philippines in 2024, underscoring the growing role of regional ports in driving trade and economic activity.

AirAsia averts grounding: P271.94 million debt paid just in time

The Civil Aviation Authority of the Philippines (CAAP) confirmed on Thursday that AirAsia Philippines has fully paid its outstanding obligations amounting to P271.94 million, resolving a matter that previously put the airline at risk of being shut down.

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