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.
The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.
The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”
The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.
The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.