The Economy

Hunger surges to 27.2% in March, highest since pandemic: SWS

About 27.2 percent of Filipino families experienced involuntary hunger in the last three months, according to a Social Weather Stations (SWS) survey released over...

DA chief opts for slight, gradual increase on imported rice tariffs

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. on Monday said he is more likely to recommend a slight and gradual hike in...

DTI intensifies crackdown on substandard building materials

With construction activities expected to surge during the dry season, the Department of Trade and Industry (DTI) has ramped up efforts to prevent the...
A store worker prepares commercial rice for a customer at a community market in Davao City on Monday. The country is expected to remain the world’s biggest importer of rice next year, according to the data released by the United States Department of Agriculture (USDA). LEAN DAVAL JR

DA to cut further MSRP on imported rice to P45/kilo

Agriculture Secretary Francisco Tiu Laurel Jr. on Wednesday announced that the maximum suggested retail price (MSRP) for imported rice will be reduced anew on...

CebPac acquires new ground equipment to boost operations

Low-cost carrier Cebu Pacific (CEB) announced Wednesday the acquisition of new ground support equipment to boost operations in Manila and other key hubs. New high-capacity...

PH, Japan ink ¥171 billion in loan deals for infrastructure, dev’t

The governments of the Philippines and Japan, through the Japan International Cooperation Agency, have signed five loan agreements totaling over ¥171 billion to support...
Land Bank of the Philippines (LandBank) records a 42-percent growth in the value of digital transactions last year and facilitated a total of P8.8 trillion digital transactions in 2023 from P6.2 trillion in 2022. LEAN DAVAL JR

LandBank launches savings account with free insurance

Land Bank of the Philippines has launched OptiSaver Plus to help Filipinos grow their funds while enjoying free insurance coverage for greater financial security. In...

DOST leads salt industry revival in MisOr to boost local economy

The Department of Science and Technology (DOST) 10 (Northern Mindanao) is spearheading efforts to revitalize Misamis Oriental's salt industry through innovative technologies, officials said...

Megaworld to invest P30B to boost office portfolio

Property giant Megaworld is further ramping up its office portfolio by investing P30-billion in the next five years to build new office buildings, as...

DA chief calls for lower tariffs on PH bananas

Agriculture Secretary Francisco Tiu Laurel Jr. over the weekend called for the reduction of Japanese tariffs on Philippine bananas, as other countries enjoy zero...