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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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PEZA: Luzon corridor offers ready industrial base

Trade & Investments 0
The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).

SEC greenlignts ACE Medical’s direct public offering

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The Securities and Exchange Commission (SEC) has granted regulatory approval for two key transactions: the direct public offering (DPO) of Allied Care Experts (ACE) Medical Center - Pateros Inc. and the rental pool program of Arthaland Corp., a leading property developer.

Rural Filipino consumers highly connected but deliberate, trust-driven—study

Communications & Technology 0
Rural Filipino consumers are increasingly digitally connected but remain highly deliberate in spending, with trust, family needs and financial security playing a bigger role in purchasing decisions than simple exposure to brands, a new study by WPP Media, Ogilvy and Fifty5Blue found.

Cotabato residents turn over wildlife to DENR, marking progress in community-led protection

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Public awareness and stricter enforcement around wildlife protection are taking root in Barangay Sinkatulan, Makilala, Cotabato as local residents voluntarily surrendered 12 wildlife specimens to the Department of Environment and Natural Resources Provincial Environment and Natural Resources Office (DENR-PENRO) on September 10. The move reflects growing public compliance with Republic Act No. 9147, or the Wildlife Resources Conservation and Protection Act.

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