The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.
The cost of producing palay—the unmilled form of rice, the Philippines’ national food staple—exposes deep regional disparities that mirror the effects of geography, infrastructure, and urban sprawl on the country’s agriculture.
The country’s palay and corn production for the second quarter is projected to record double-digit increases, the latest estimates of the Philippine Statistics Authority.
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President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.
Demand for flexible and hybrid work spaces in the Philippines is continuing to rise, reflecting a broader shift in how and where people work. International Workplace Group (IWG), the world’s largest provider of flexible workspaces, said it will open six new centers in key cities across the country in the first quarter of 2026, underscoring strong market growth and changing workplace needs.
Cebu Pacific announced on Thursday that it will relocate its remaining turboprop flights from Ninoy Aquino International Airport (NAIA) to Clark International Airport starting March 29, 2026, as part of government efforts to ease congestion at the country’s main gateway.
Globe Telecom has expanded its collaboration with Nokia to speed up the rollout of network application programming interfaces (APIs), a move expected to strengthen digital services and security across multiple industries in the Philippines.
Bell-Kenz Pharma has partnered with the Department of Transportation’s Special Action and Intelligence Committee for Transportation to train one million Filipinos in cardiopulmonary resuscitation and other basic life-saving skills, with an initial focus on the country’s busiest transport hubs.