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.
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.
Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.
More Filipinos joined the ranks of the unemployed in January, with fresh labor data pointing to a softer job market after the Christmas season surge despite pockets of hiring across several industries.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.
Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.
Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.
San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.