Tag: PSA

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Philippine farm trade gap shrinks in December

Agriculture Context.ph Context.ph -
The Philippines’ agricultural trade deficit narrowed sharply in December, buoyed by a strong rebound in farm exports and a pullback in imports, offering a late-year boost to the country’s external trade position.

Revisions trim Q3 GDP growth to 3.9%

Economy Context.ph Context.ph -
The Philippine economy grew slightly less than initially reported in the third quarter of 2025, after official data revisions shaved a tenth of a percentage point off headline growth.

National ID integration fuels digital finance growth

Economy Context.ph Context.ph -
The integration of the National ID system with financial and public service platforms is gaining momentum, promising faster transactions, tighter security, and broader financial inclusion across the Philippines.

Construction slump deepens amid flood control scandal

Economy Context.ph Context.ph -
Construction activity in the Philippines continued to weaken in November 2025, with approved building permits pointing to a sustained slowdown as developers adopt a more cautious stance. 

Palay prices rebound as import ban holds

Agriculture Context.ph Context.ph -
Farmgate prices of palay improved in December from November, buoyed by the government’s decision to extend the rice import ban until the end of the year, offering temporary relief to local farmers after months of weak prices.
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PXP Energy posts wider P31.6-M net loss in first half 2026

Corporate 0
PXP Energy Corp. reported a larger consolidated net loss of P31.6 million for the first half of 2026, up from P22.8 million in the same period last year, the firm said Tuesday.

PEZA, Oman target investments across four strategic industries

Trade & Investments 0
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

Agriculture 0
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

Corporate 0
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.

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