MANILA — In a move to mitigate the economic impact of rising goods prices and the adverse effects of the El Niño phenomenon, more leading manufacturers of basic necessities have pledged to implement a voluntary price freeze, the Department of Trade an…
Batangas – The Office of the Provincial Agriculturist (OPAg) in Batangas is set to increase its contribution to national food security by boosting the productivity of the local coconut industry and supporting micro, small, and medium enterprises (MSME…
Bacolod – The three-day Bacolod Chicken Inasal Festival, which began Friday night on North Capitol Road, is set to enhance economic opportunities and spur tourism development in the city. The festival celebrates Bacolod’s iconic culinary offering, chi…
Legazpi City, Albay – Residents of Albay are set to benefit from a more reliable power supply in the coming years, following the allocation of PHP500 million for the enhancement of the Albay Electric Cooperative Inc. (Aleco). The funding will be used …
MANILA – The Philippine government’s economic growth target for this year is achievable, stated a Department of Finance (DOF) official this past weekend.
According to Philippines News Agency, during a business journalism seminar organized by San Mi…
Oriental Mindoro – A significant development for the calamansi (Philippine lime) industry in Oriental Mindoro was marked with the inauguration of a new processing facility aimed at establishing the province as a leading producer in the country.
Acco…
ILOCOS REGION — The inflation rate in the Ilocos Region rose to 2.4 percent in April, marking a slight increase from 2.2 percent in March, as reported by the Philippine Statistics Authority (PSA).
According to Philippines News Agency, PSA-Ilocos Reg…
NEW YORK—Oil prices saw a decline on Monday, influenced by the prospects of a ceasefire in the Middle East and uncertainties concerning the US Federal Reserve’s plans for interest rate adjustments. International benchmark Brent crude dropped to USD 87…
CEBU CITY – President Ferdinand R. Marcos Jr. committed on Saturday to enhance investment in Lapu-Lapu City and the broader Cebu province, positioning them as central to the Philippines’ economic expansion. During a capsule-laying event for the new PH…
In February 2024, total trade experienced a significant growth of 10.8 percent, reaching a value of $2,405.5 million, compared to the previous month. The increase was driven by robust exports and imports, which totaled $1,547.3 million and $858.2 mill…