Philippine agriculture started the economy on a stronger footing in the first quarter, growing 1.9 percent, with better weather conditions and intensified government interventions helping the sector recover from a full-year contraction in 2024.
Palay production in the first quarter of 2025 is expected to reach 4.72 million metric tons, with higher yields offsetting a decrease in rice planting area, according to the latest estimate of the Philippine Statistics Authority (PSA).
Motorists and transport operators should brace for another round of fuel price hikes this week, with oil firms expected to implement significant upward adjustments across all fuel products starting Tuesday.
The Philippines reported a 14 percent increase in pineapple exports in 2024, shipping around 680,000 metric tons (MT) compared to 600,000 MT in 2023, according to the UN Food and Agriculture Organization (FAO).
Security Bank was recognized with 10 prestigious honors at the Asian Banking & Finance (ABF) Awards held at Marina Bay Sands, Singapore, highlighting the bank’s leadership in customer-centricity, digital innovation, sustainable finance, and financial inclusion.
Tagum Water, a bulk water service provider under Manila Water’s Non-East Zone operations, commemorated its 5th anniversary, celebrating half a decade of reliable and sustainable service in Tagum City.