Tag: PSA

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August rice stocks up, corn lower—PSA 

The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).

Inflation accelerates in August on higher food prices

Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.

Drop in rice, poultry, fish prices could slow August inflation

A sharp decline in rice, poultry, and fish prices during the second half of August signals a favorable trend toward continued easing of inflation.

Regular milled rice price ease in early August—PSA data

The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.

Palay prices soften further in July as global price slips—PSA data

The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.

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BPI digital supply chain financing triples in value amid rising business adoption

Bank of the Philippine Islands (BPI) is speeding up the digital transformation of business financing, with transactions under its Digital Supply Chain Financing Program growing more than three times in value during 2025. This sharp increase shows that more companies and suppliers across the country are choosing to use the service.

₱38 trillion forest plan to create jobs, boost rural livelihoods

The Department of Environment and Natural Resources (DENR) has introduced a new policy to unlock an estimated ₱38 trillion in production value from Philippine forests between 2027 and 2052, aiming to create jobs and raise rural incomes while protecting natural resources. DENR Administrative Order No. 2026-34 sets clear rules to identify and develop suitable forest lands through responsible, climate-friendly investments.

Semirara profit climbs as power offsets weaker coal business

Integrated energy company Semirara Mining and Power Corp. (SMPC) posted higher second-quarter earnings as a strong rebound in its power business more than compensated for weaker coal production, highlighting the benefits of its integrated business model amid volatile energy markets.

Aboitiz Foundation expands Cebu community forest restoration work

Aboitiz Foundation is growing its partnerships with local groups across Cebu to boost community-led forest restoration under its CarbonPH climate initiative. Working with officials in Danao City and Balamban, the foundation is providing training and resources to help residents restore forests while building sustainable livelihoods.

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