Performance of Philippine Agriculture

Source BusinessWorld

The Philippine economy grew slightly faster than initially reported in the second quarter, the Philippine Statistics Authority (PSA) said on Wednesday...

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Trade Secretary Alfredo E. Pascual said President Ferdinand R. Marcos Jr. is committed to ratifying Regional Comprehensive Economic Partnership (RCEP), which is being awaited by investors...

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The jobless rate in the Philippines is expected to remain low in the next four years until 2026 and will help the recovery of growth in household spending, which is currently “still low” although showing signs of improvement, according to Fitch Solutions...

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Philippines President Ferdinand Marcos Jr. said on Thursday his country’s economy expanded 7.6 percent in the third quarter from a year earlier, beating expectations, despite headwinds posed by soaring inflation...

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Household spending in the Philippines is expected to slow next year but then steady as inflation eases, Fitch Solutions said in a new report...

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The University of the Philippines has emerged as the top Philippine university in Asia based on the 2023 Quacquarelli Symonds (QS) Asian University Rankings released late Monday...

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The Department of Labor and Employment (DOLE) has ordered the regional wage boards to review whether another round of increase for the country’s 4 million minimum wage earners could be imposed next year to cushion the impact of soaring prices of food and other basic commodities...

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The House Committee on Government Reorganization on Wednesday approved Package 3 of the Comprehensive Tax Reform Program or the Real Property Valuation Reform Bill, a priority measure of the administration of Ferdinand R. Marcos Jr...

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The House Committee on Agrarian Reform on Wednesday approved a Marcos priority measure emancipating agrarian reform beneficiaries from the debt burden arising from the award of agricultural lands under the Comprehensive Agrarian Reform Program (CARP)...

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The Department of Trade and Industry (DTI) said it rejected a petition to extend safeguard measures on cement imports after a finding of no “serious injury” to the domestic cement industry from the expiry of the measures...

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An international maritime law expert urged the government to ratify the outer space treaties it signed 55 years ago as incidents of space debris falling in Philippine territory increased...

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A tourist spot that has become a social media attraction a little over a year since it opened during the coronavirus pandemic was closed on Wednesday by Mayor Benjamin Magalong over safety and permit violations...

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A bill that if enacted, would establish an on-site, in-city, near city, or off city resettlement program for informal settler families (ISFs) has been approved on second reading by the House of Representatives...

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The Commission on Elections (Comelec) has pushed back by a week the pilot run of its “Register Anywhere” system in Metro Manila as it continues to fine-tune the project’s information technology infrastructure...

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President Ferdinand “Bongbong” R. Marcos Jr. has vowed to protect national interests and secure recognition for the country as a reliable “global partner” during the 40th and 41st Association of Southeast Asian Nations (Asean) Summits in Phnom Penh, Cambodia this week...

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The head of Spain's foreign trade and investment institute believes a free trade agreement (FTA) between the Philippines and the European Union (EU) is a great opportunity for both sides...

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President Ferdinand “Bongbong” Marcos Jr. is set to meet Canadian Prime Minister Justin Trudeau at the sidelines of the 40th and 41st Association of Southeast Asian Nations (ASEAN) Summits and Related Summits in Cambodia...

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President Ferdinand “Bongbong” Marcos Jr. on Wednesday said he is hoping to discuss issues about the West Philippine Sea with Chinese President Xi Jinping in his visit to Cambodia...

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The United States has trained 120 delegates from 19 local governments in developing strategies against illegal drugs in the Philippines, the US Embassy in Manila said in a statement on Wednesday...

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Asia Pacific (APAC) has seen a “sharp” recovery in outbound travel, according to the Mastercard Economics Institute’s Shifting Wallets report...

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Planet-heating emissions from oil and gas production could be three times higher than reported, according to a satellite monitoring project launched Wednesday that the UN chief said made it harder to "cheat"...

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US President Joe Biden said Wednesday he would ask Chinese President Xi Jinping about his "red lines" to reduce the potential for conflict after soaring tensions on Taiwan when they gather next week in Bali...

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The US-China rivalry and growing fears of a new North Korean nuclear test will loom over a meeting this week of Southeast Asian leaders attended by US President Joe Biden...

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North Korea fired at least one ballistic missile on Wednesday, South Korea's military said, the latest launch from Pyongyang following a record-breaking testing blitz earlier this month...

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A beloved Japanese candy eaten by generations, so iconic it even appeared in a hit anime film, has come to the end of the line, a victim of surging raw material and energy prices...

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Global stock markets fell Wednesday, with key New York indexes ending in a sea of red as traders grappled with inconclusive US election results and upheaval in the cryptocurrency market...

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Russian Defence Minister Sergei Shoigu on Wednesday ordered his troops to withdraw from the west bank of the Dnipro River near the strategic southern Ukrainian city of Kherson, a significant setback for Moscow and potential turning point in the war...

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The pharaohs worshipped it as a god, the eternal bringer of life. But the clock is ticking on the Nile...

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President Ferdinand “Bongbong” R. Marcos Jr. has approved the creation of an investment council to fast-track the processing of applications from offshore wind (OSW) power developers...

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The budgets of key economic agencies were “deemed submitted” on Wednesday to the Senate in plenary, as it continued to rush deliberations on the 2023 general appropriations bill...

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The constitutional Commission on Human Rights (CHR) on Wednesday urged the administration to heed the concluding observations of the United Nations Human Rights Committee on the situation in the country and to push for measures that would strengthen human rights mechanisms here...

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While almost all public schools have returned to full in-person classes, the majority of private schools nationwide are still implementing the so-called blended learning system that combines face-to-face and online classes...

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Congress must nip in the bud the revived practice of providing confidential and intelligence funds (CIF) to a number of agencies that are questionable not only for their impropriety but also for the unusual jump in their amounts in the proposed 2023 national budget, Senate Minority Leader Aquilino “Koko” Pimentel III said on Wednesday...

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The Philippine Space Agency (PhilSA) said on Wednesday that there is a “high likelihood” that the debris found in the waters off Calintaan, Occidental Mindoro is from a Chinese Long March 5B rocket...

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A broad alliance of labor groups on Wednesday urged Congress to pass a law raising the salaries of the country’s more than four million minimum wage earners who continue to grapple with rising prices of food and other basic commodities...

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Senators sought to raise allocations for public health emergencies and the allowances of health and non-health workers on Wednesday during the chamber’s deliberation for the P5.268-trillion national budget next year...

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Several House lawmakers grilled the Land Transportation Office (LTO) for its slow online system for license renewal and registration...

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Customers of Manila Electric Co. (Meralco) will see a slight increase of P0.0844 per kilowatt-hour in their November bills on account of higher generation charge, the bill’s largest component...

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President Ferdinand R. Marcos, Jr. on Wednesday vowed to boost the quality of jobs in the Philippines, after underemployment continued to worsen in September at 15.4%...

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Climate change is exacting a heavy toll on Filipinos’ lives, properties and livelihoods and could hamper the country’s ambition to become an upper middle-income country by 2040, the World Bank said Wednesday...

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A commuter network on Wednesday warned that a potential privatization of the Metro Rail Transit-Line 3 will only lead to eventual fare hikes without guaranteeing improved mass transportation services...

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The country’s total renewable energy (RE) installed capacity as of end-September this year stood at 5,471.04 megawatts (MW), slightly up from 5,442.71MW in the same period a year ago...

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A proposal to extend lowered tariffs for pork, rice, corn, and coal will temper the effects of surging inflation, the Foundation for Economic Freedom (FEF) said...

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Retail price of construction materials in the National Capital Region (NCR) posted a slight decline in September, the Philippine Statistics Authority said, largely due to lower prices in the world market...

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The country’s farm production recovered in July to September, snapping two consecutive quarters of contraction, driven by the crop, fisheries and livestock sectors, according to the Philippine Statistics Authority (PSA)...

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Philippine economic growth in the third quarter was “much better than consensus forecast”, the finance minister said on Thursday ahead of the official release of data...

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The growth in consumer spending in the Philippines may slow down to 5.5 percent next year from the expected 7.6 percent expansion this year, according to Fitch Solutions Country & Industry Research...

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A farmers' group questioned the decision of the Department of Agriculture (DA) and the Bureau of Animal Industry (BAI) to allow the importation of processed animal protein from countries infected with African swine fever (ASF) despite opposition from various agricultural organizations...

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Yields on the term deposits of the Bangko Sentral ng Pilipinas' (BSP) climbed on Wednesday, ahead of the central bank's decision to hike key policy rates during its Monetary Board this month...

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Less than a tenth of Philippine enterprises and organizations were able to digitally pivot rapidly amid the rise of hybrid work setups during the pandemic but most were open to ride the trend to ensure business continuity, according to a study by Dell Technologies...

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The Philippine stock market ended lower yesterday as investors cashed in ahead of the release of the country’s economic growth data...

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The essential farm sector continues to reel from the impact of Severe Tropical Storm “Paeng” (international name: Nalgae) as the amount of recorded losses keeps on increasing...

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The ease in joblessness last September, as stressed by the National Economic Development Authority (NEDA), is one of the gains of the resumption of economic activities following nearly two years of COVID lockdowns...

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Senator Alan Peter Cayetano warns that the government may lose skilled workers, especially those employed in public infrastructure, once the country’s economy improves...

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