The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
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 Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.
Revisions to the first-quarter gross domestic product (GDP) kept economic growth steady at 5.4 percent, the Philippine Statistics Authority (PSA) said.
Data for second-quarter GDP...
Investment approvals by the Philippine Economic Zone Authority more than doubled in the first eight months of 2026, putting the agency within reach of its P300-billion full-year target with four months remaining.
KairoTech and Packworks are developing a retail media network built around the Philippines’ ubiquitous sari-sari stores, creating a potential new advertising channel that links digital campaigns with consumer activity in local communities.
Converge ICT Solutions Inc. is extending digital support to Cebu entrepreneurs as government and industry partners seek to help micro, small, and medium enterprises turn social commerce into a sustainable growth channel.
The Securities and Exchange Commission (SEC) has issued a public advisory warning against fraudulent Facebook pages falsely claiming to represent Just Smile Lending Corp., highlighting heightened regulatory vigilance to protect consumers and legitimate businesses.