Tag: palay

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Palay prices continued decline in April

Palay prices declined further in April as the harvest season reached its peak and global rice prices remained lower compared to last year.

Philippine agriculture expands 1.9% in 1Q

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 output in 1Q up 0.3%, sets new yield record

Palay production in the first quarter of the year rose by 0.3 percent, reaching 4.7 million metric tons, with yields setting a new record high.

Palay production likely up Q1, corn output may slide—PSA

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). 

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Meralco says up to P9 billion more in refunds possible, pending ERC decision

The Manila Electric Co. (Meralco) said it may refund up to P9 billion more to customers, depending on the final decision of the Energy Regulatory Commission (ERC).

ADB: Philippines stays course despite inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

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