The government has retained the projected local output growth measured as the gross domestic product (GDP) at 7.6 percent in the third quarter of 2022, according to National Statistician Dennis Mapa.
The Department of Agriculture (DA) announced over the weekend accelerated plans for a major agri-logistics hub in Pampanga, with corporate and inter-agency support from the Department of Transportation (DOTr) and Clark International Airport Corp. (CIAC), signaling a significant commercial pivot in the country’s agricultural infrastructure strategy.
Boutique property developer Italpinas Development Corp. (IDC) reported a 102 percent increase in net income for 2024, reaching ₱376.8 million, up from ₱186.3 million the previous year.
The Manila Electric Company (Meralco) has energized a newly upgraded Tayabas Delivery Point Substation, tripling its capacity from 100 megavolt-amperes (MVA) to 300 MVA.