Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.
A recent decision by the Philippine Statistics Authority (PSA) to revise the carcass conversion rate for certain livestock has sparked concern in the swine industry, which continues to struggle following the first African Swine Fever (ASF) outbreak in 2019.
The Philippine labor market held its ground in April, even as early signs of strain emerged beneath the surface. Unemployment inched up slightly to 4.1 percent, from 4.0 percent a year earlier, yet the economy still managed to add more jobs and keep employment rates above 95 percent—a level considered healthy by most standards.
The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.
National rice stocks at the start of May were estimated at 2.37 million metric tons, marking a 14 percent increase compared to the same period last year. This growth was primarily driven by the aggressive palay procurement efforts of the National Food Authority (NFA).
State-owned Philippine Guarantee Corp. (Philguarantee) has partnered with Discovery Capital Finance Corp. (DCFC) to widen credit access for small and medium enterprises (SMEs) across the country.
The Department of Transportation (DOTr) and the Bases Conversion and Development Authority (BCDA) have signed a new agreement to turn Clark International Airport (CRK) into a leading center for industrial, manufacturing, transport and related services.
The Securities and Exchange Commission (SEC) has canceled the registration of two construction companies owned by the Discaya family, who are linked to a flood-control corruption probe.
The recovery of ABS-CBN, already slow and painful, has only gotten more challenging after TV5 issued a notice of termination of its TV Content Supply Agreement—a move that threatens to shut a major broadcast distribution avenue for the listed entertainment company and underscores its financial fragility since it lost its franchise in 2020.