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Electronics drive record Philippine export growth in March

Philippine exports surged to a record USD8.17 billion in March, the highest monthly level since the Philippine Statistics Authority began tracking merchandise trade in 1991. The milestone was powered largely by sustained global demand for electronics, reinforcing the sector’s dominance in the country’s export basket.

Typhoons drag down Q1 rice, corn output

Rice and corn production declined in the first quarter of 2026, reflecting lingering damage from late 2025 typhoons that disrupted planting schedules and destroyed standing crops across key farming regions.

Central Luzon anchors regional farm output in 2025

The Philippine Statistics Authority said the country’s agriculture and fisheries sector produced goods worth P1.79 trillion in 2025 at constant 2018 prices, with Central Luzon emerging as the top contributor.

Palay prices climb in March as supply tightens

Average farmgate prices of dry palay across the Philippines climbed to P23.91 per kilo, up 28 percent from a year earlier, according to data from the Philippine Statistics Authority, signaling firmer earnings for farmers amid shifting supply conditions.

Unemployment eases to 5.1%  in February

The Philippines’ job market showed tentative improvement in February, with the unemployment rate easing to 5.1 percent from 5.8 percent in January, according to data released Wednesday by the Philippine Statistics Authority.

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PEZA, Oman target investments across four strategic industries

The Philippine Economic Zone Authority (PEZA) and Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) have identified four priority industries for deeper investment cooperation, as both countries seek to strengthen trade and position their economic zones as complementary gateways to regional markets.

Davao durian shipped to Oman in new trial export

The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

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