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).
The Philippine government is promoting agriculture as a profitable investment sector, urging global financiers to see it not just as a development issue but as a viable business opportunity.
Water bills in parts of Metro Manila are set for a small dip next month after the Metropolitan Waterworks and Sewerage System approved a modest tariff adjustment for Maynilad Water Services Inc.
Former Public Works Secretary and former Independent Committee on Infrastructure (ICI) commissioner Rogelio L. Singson said leading corporations and organizations in the country should promote civic-mindedness to help develop a new generation of leaders.
BDO Unibank has partnered with the Palawan Group of Companies to expand access to payment and collection services nationwide, leveraging the pawnshop giant’s physical footprint and growing digital ecosystem.