NEDA Proposes Doubling of Innovation Fund to PHP200 Million for 2025
QUEZON CITY - The National Economic and Development Authority (NEDA) announced plans on Monday to request an increased budget for its Innovation Fund for the coming year, aiming to expand it to PHP200 million.
According to Philippines News Agency, ...
PBBM’s Import Policy Elevation Propels Stock Market, Strengthens Peso
MANILA - The stock market saw a modest uptick and the peso ended stronger on Monday, following a directive by President Ferdinand R. Marcos Jr. to facilitate the importation of agricultural products.
According to Philippines News Agency, assistant ...
Bantog Celebrates Inaugural Kalabaw Food Festival to Highlight Dairy Industry Success
Bantog, Pangasinan — The small village of Bantog in Pangasinan was alive with celebrations this Friday for the inaugural Kalabaw Food Festival, which marked the local dairy industry's achievements and future aspirations.
According to Philippines New...
Pangasinan Police Officers Rally Financial Support for Colleague’s Kidney Transplant
PANGASINAN – Staff Sergeant Virgilio Sanchez, a 46-year-old police officer in Pangasinan, recently received PHP100,000 to aid in his post-kidney transplant recovery. The funds, gathered through donations and a local shooting competition, were presente...
Inflation in Western Visayas Climbs to 3.1% in March
Iloilo, Philippines — The inflation rate in Western Visayas increased to 3.1 percent in March, up from 2.7 percent in February and 2 percent in January, prompting calls for consumer caution on spending.
According to Philippines News Agency, Chief St...
Global Food Prices Increase for the First Time in Seven Months
ROME, Italy - The United Nations Food and Agriculture Organization (FAO) reported a rise in the global food price index for the first time in seven months, marking a 1.1 percent increase to 118.3 points in March from February.
According to Philippi...
Department of Agriculture Rejects Rice Price Cap Despite Inflation Surge
QUEZON CITY — The Department of Agriculture (DA) announced on Saturday that it will not recommend the imposition of a price ceiling or suggested retail price (SRP) for rice, even as the commodity’s inflation rate reached 24.4 percent in March, marking...
Philippine Business Groups Consider ‘Heat Breaks’ for Outdoor Workers
MANILA - Leading business organizations in the Philippines have signaled their willingness to adopt 'heat breaks' for certain employees amid rising temperatures, provided they maintain autonomy over the policy's application. The Employers' Confederati...
Senate Bill Aims to Boost Philippine Corn Industry Competitiveness
MANILA - A new legislative proposal, Senate Bill 2625, is set to drive advancements in the Philippine corn industry, recognized as a vital component supporting the nation's livestock and poultry sectors. The bill, introduced as a complementary measure...
Philippines Achieves Record-Breaking $104 Billion in Export Revenues in 2023
MANILA - The Philippines set a new milestone in its trade history by reaching over USD 100 billion in export revenues in 2023, despite facing global trade hurdles.
According to Philippine News Agency, data from the Bangko Sentral ng Pilipinas (BSP)...
Philippine Stock Exchange Index Climbs; Peso Remains Steady
MANILA - The Philippine Stock Exchange index (PSEi) marked significant gains as trading resumed after the Holy Week, driven by positive developments in regional markets.
According to Philippine News Agency, Inc., the PSEi advanced by 1.11 percent t...
Cebu City Considers Expanding Calamity Declaration Due to El Niño
CEBU CITY - In response to the escalating effects of the El Niño climate pattern, Cebu City's government is assessing additional villages for inclusion under a state of calamity.
According to Philippine News Agency, who heads the City Council's com...