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    Tag: Philippine Statistics Authority

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    Q3 2022 GDP growth maintained at 7.6%

    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.

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    P2-B Clark food hub project gains momentum with DOTr, CIAC backing

    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.

    Italpinas doubles profits on strong provincial sales

    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.

    SMC Tollways posts 10% profit growth in 2024, boosted by higher traffic volume

    SMC Tollways Corp. reported a 10 percent increase in net income for 2024, driven primarily by a rise in vehicle traffic across its toll roads.

    Meralco upgrades Quezon substation to support growing power demand

    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.

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