PHL consumer-driven growth fueled by borrowing, ANZ says
PHILIPPINE private consumption sets it apart in a region where such spending is more muted, ANZ Research reported, warning that credit card debt and...
Farmers see no improvement in farmgate price of palay after 3 weeks of rice...
THE FARMGATE PRICE of palay (unmilled rice) has not improved despite a 60-day ban on rice imports which had been designed to provide relief...
Flood-control contractor Hi-Tone also awarded Port of Tacloban upgrade project, regulator says
A LEADING flood-control contractor was also awarded a Tacloban port upgrade contract in 2024, the Philippine Ports Authority (PPA) said.
Hi-Tone Construction and Development Corp....
Palace details key features of newly signed RoW law
THE recently signed Accelerated and Reformed Right-of-Way (ARROW) will aid the Philippines in becoming an upper middle-income economy by facilitating the completion of infrastructure...
WB digital infra loan stalled by late arrival of PHL funding
PHILIPPINE plans to build out its public broadband infrastructure network aided by a $287.24-million World Bank (WB) loan were delayed for nearly a year while...
Industry groups propose tariff treatment of sugar, other farm products in EU FTA
INDUSTRY GROUPS have put forward their proposals for the tariff regimes that will govern agricultural products like sugar, milk powder, beef and pork, under...
Farmers in spotlight at NFA Cebu fair
THE National Food Authority (NFA) organized a fair on the grounds of its Cebu regional office to celebrate Cebu produce, which will run until...
Tech training firm AIFirst planning expanded presence in Cebu, Iloilo
AIFIRST, an artificial intelligence (AI) training provider, is seeking to expand its footprint in Cebu and Iloilo, its founder said.
“The goal is to expand...
Construction seen slowing as corruption backlash deepens
THE backlash against corruption in infrastructure projects could dampen construction activity in the next few quarters, Pantheon Macroeconomics said.
Inflation risks ‘tilted to downside’ ahead of next BSP rate decision
THE Bangko Sentral ng Pilipinas (BSP) views the risks to inflation to be weighted towards the downside ahead of its next decision on interest...
PHL pharmaceutical market estimated at $2 billion this year as UHC drives growth in...
THE pharmaceutical market is projected to generate $2 billion in revenue this year and keep growing until 2029, driven by demand for generic drugs,...
Greenhouses to feature in new ‘protected cultivation’ strategy
THE Department of Agriculture (DA) said its new strategy for food production focuses on keeping supplies reliable and affordable in the face of potential...