PEZA approves nearly P4.6B in investment applications in April
THE Philippine Economic Zone Authority (PEZA) approved investment pledges worth P4.575 billion in April, down 69.5% year on year.
In a statement on Tuesday, PEZA...
Coconut, garments expected to benefit if Philippines negotiates favorable US tariffs
THE Department of Trade and Industry (DTI) said it sees the coconut and garment industries as among the main beneficiaries if the Philippines locks...
Coconut processing facility launched in Misamis Oriental
THE Philippine Coconut Authority (PCA) said it launched a P350-million integrated coconut processing facility in Balingasag, Misamis Oriental under a public-private partnership (PPP).
The PPP...
Fraud rate in PHL digital transactions estimated at 13.4%, TransUnion says
THE rate of fraud in Philippine digital transactions was estimated at 13.4% in 2024, exceeding the global average of 5.4%, according to a study...
China cosmetics suppliers seen making big push in SEA in response to trade war
THE leading China-based suppliers to the cosmetics industry could pivot to Southeast Asia (SEA) to stay afloat during the trade war with the US,...
NCR residential vacancy rate seen hitting 26% by end-2025
THE vacancy rate for residential property in Metro Manila will likely hit 26% by the end of this year, with condominium developers reining in...
DEPDev downplays PHL income classification as draw for investors
THE Philippines’ income classification is not a primary consideration for prospective investors, the Department of Economy, Planning, and Development (DEPDev) said.
If the Philippines fails...
PNRI says nuclear safety fears can be addressed via regulation
THE Philippine Nuclear Research Institute (PNRI) said any safety concerns posed by nuclear power can be addressed by appropriate regulation.
PNRI made the remarks as...
Mom-and-pop stores post strong sales of energy drinks, iced tea
NEIGHBORHOOD mom-and-pop stores, also known as sari-sari stores, posted strong energy drink and iced tea sales last year, the hottest year on record, according...
Digital economy’s share of GDP stalls in 2024
THE digital economy’s contribution to the Philippine economy was little changed at 8.5% in 2024 from 8.6% previously, the Philippine Statistics Authority (PSA) reported on...
Tarlac sugar farmers testing experimental irrigation system
SUGARCANE farmers in Tarlac are testing an experimental irrigation system funded by the Department of Science and Technology (DoST) that promises quicker cane growth.
The...
Pangandaman sees no need to revise DBCC growth target
BUDGET Secretary Amenah F. Pangandaman said on Monday that she sees no need to revise the government’s 6-8% gross domestic product (GDP) growth target...