Rice prices may continue to ease inflationary pressure this July, even as the cost of other key food items rises with the onset of the rainy season, according to preliminary data from the Philippine Statistics Authority (PSA).
Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
The Philippine Statistics Authority's early June survey indicates a continued decline in regular milled rice prices, averaging P42.77 per kilogram—down nearly seventeen percent from P51.31 in the same period last year and slightly lower than May’s P43.64.
Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.
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.
Businesses in Cebu and across the Visayas must invest in more resilient power systems as structural grid challenges are expected to persist through 2028, according to COREPLUS, a subsidiary of Vivant Energy.
San Miguel Corp. has reaffirmed its commitment to complete the new passenger terminal building at Godofredo P. Ramos Airport in Caticlan by the second quarter of 2027, Transportation Secretary Giovanni Lopez announced Monday during the EJAP Infrastructure Forum 2026.
At least eleven power generation companies have expressed intent to bid for the 900-megawatt supply contract of Manila Electric Company, signaling strong market interest and competitive prospects for the distribution utility’s long-term power requirement.
The Philippines is reaching out to India and other international partners to secure financing for the Mindanao Railway Project, following the withdrawal of earlier financial support from China.