Tomato, onion production rise in Q3
TOMATO and onion output posted strong gains on a seasonally adjusted basis in the third quarter, according to the Philippine Statistics Authority (PSA).
The PSA...
DTI, Converge to launch AI training hub by Q1
THE Department of Trade and Industry (DTI) is partnering with Converge ICT Solutions, Inc. to launch an artificial intelligence (AI) and startup center, which...
Cuts to bring infra budget down to 4.7% of economy next year, senators told
THE infrastructure budget will account for only 4.7% of gross domestic product (GDP) in 2026, below economic managers’ target of 5%, Sen. Sherwin T....
PHL among highest-cost producers of pork, chicken in Asia, PIDS says
PORK and chicken production costs in the Philippines are among the highest in the region due to high feed costs, the Philippine Institute for...
Poultry, hog production up in Q3; cattle down
LIVESTOCK production was mixed in the third quarter, with hog, chicken, and chicken egg output growing on a seasonally adjusted basis and cattle production...
Online sellers call DTI trustmark redundant, doubt it deters scams
REDUNDANT government policies are increasing the compliance burden on online sellers as overseas competition intensifies, an industry association said.
The Online Negosyo Empowerment Community (ONEC),...
Moody’s Analytics says 5% PHL GDP target ‘more manageable’
A 5% economic growth target for the Philippines in 2025 will be more realistic, Moody’s Analytics said, with the fourth-quarter performance unlikely to push...
PHL targets growing Indian agri-food market
THE Department of Agriculture (DA) said the Philippines is exploring new India export opportunities in agriculture and food following the recent World Food India...
9-month air passenger volume tops 46M, driven by domestic traffic
AIR PASSENGER volume rose 6.247% to 46.84 million in the first nine months, driven by growth in domestic passenger traffic, the Civil Aviation Board...
Leadership change at the BIR: What’s next?
By Richard R. Ibarra
The only constant in life is change. Last week, the Bureau of Internal Revenue (BIR) witnessed a significant leadership transition with the appointment of...
NFA reduces prices in disposal of aging rice
THE National Food Authority (NFA) will take new bids for up to 58,000 metric tons (MT) of aging rice stocks in December after an...
Foreign debt service bill falls 3.43% in first eight months
DEBT SERVICE on foreign loans fell 3.43% year on year in the first eight months as both principal and interest payments declined, according to...