Tag: Philippine Economy

February Inflation Rate Slows to 2.1% Amid Falling Food and Utility Costs

The February inflation rate in the Philippines slowed to 2.1% due to declining food and utility prices, according to the Philippine Statistics Authority (PSA). Deputy...

DA Plans to Lower MSRP of Imported Premium Rice to ₱45/kg by March 31

The imported premium rice price drop to ₱45 per kilogram is being considered by the Department of Agriculture (DA) by the end of March. Agriculture...

Japan Backs BARMM Fisheries with $4.79M Grant for Sustainable Aquaculture

The Government of Japan has reaffirmed its commitment to the local agriculture sector by funding a $4.79 million fisheries project in the Bangsamoro Autonomous...

Enrile: Impact of US Tariff War on PH, Global Economy Still Uncertain

CHIEF Presidential Legal Counsel Juan Ponce Enrile expressed uncertainty over the economic effects of the ongoing tariff war involving the United States, Canada, Mexico,...

Overseas Filipinos’ Remittances Grow by 3.2% in July 2024, Total Reaches $3.43 Billion

Remittances from Overseas Filipinos (OFs) increased by 3.2% in July 2024, reaching $3.43 billion, up from $3.32 billion in July 2023. The growth in...

Rice Prices Stay High Despite Tariff Cuts, Experts Warn of Continuing Hikes

DAGUPAN CITY - The price of local and imported rice in the market across the country has remained high despite the tariff reductions implemented...

Salceda Urges Focus on Corn Prices as Inflation Eases in August

Albay 2nd District Representative Joey Salceda has called on the economic managers of the Marcos Jr. administration to prioritize stabilizing the price of corn,...

12 Onion Traders Accused of Involvement in Cartel Linked to 2022 Onion Crisis – PCC

The Philippine Competition Commission (PCC) has filed complaints against 12 traders and importers allegedly involved in cartel-like activities related to the 2022 onion crisis. According...

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DFA confirms second Filipino fatality in Myanmar earthquake

MANILA — The Department of Foreign Affairs (DFA) on...

Ashfall Suspected to Clog Springs, Cuts Water Supply in La Carlota City

The water supply in La Carlota City was disrupted...

P40.8M Worth of Suspected Shabu Seized in Twin Drug Operations Across Negros

Authorities seized a combined estimated value of ₱40.8 million...

Three Injured as Sedan Overturns in Four-Vehicle Collision

Three people sustained injuries after a four-vehicle collision along...

DSWD Appeals for Volunteers to Pack Food Aid for Kanlaon Evacuees

The Department of Social Welfare and Development (DSWD) has...