The growth of the farm sector in the third quarter is a clear signal that the Department of Agriculture (DA) needs to step up efforts to significantly increase food production and modernize the sector that provides jobs for one in every four Filipinos.
The ranks of the employed increased slightly in September to 2.26 million from 2.21 million in August, with bad weather affecting jobs in the farm sector, the Philippine Statistics Authority said Wednesday.
Prices of consumers goods and services eased in October, nudging the closely-watched headline inflation lower to 4.9 percent year-on-year, even lower than the central bank’s forecast range.
The Department of Transportation (DOTr) on Monday bared plans to formally invalidate two rail contracts with China on the basis of Beijing's continued lack of interest in funding the high-impact infrastructure projects.
Local output expansion measured as the gross domestic product (GDP) is forecast to reaccelerate in the third quarter and average at least 5.1 percent, analysts at Moody's Analytics said on Monday.
Globe Telecom Inc. has expanded its network infrastructure in Lipa City and several municipalities in Batangas to meet growing demand for fast and reliable connectivity.
Mixed movements in local fuel prices are expected starting Tuesday, according to Jetti Petroleum Inc., with gasoline prices projected to rise by P0.20 to P0.40 per liter, while diesel prices may either remain unchanged or drop by P0.20 per liter.
West zone water concessionaire Maynilad Water Services Inc. is set to push through with its long-awaited initial public offering (IPO) in the coming weeks, after securing commitments from cornerstone investors who will take up over half of the offered shares.