Economy

Manila-The Philippine Palm Oil Development Council, Incorporated (PPDCI) has highlighted the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as a key area for the expansion of the country’s palm oil production. During the 13th Palm Oil Congress held on Thursday, PPDCI President Erwin Anthony Garcia emphasized the region’s suitability for oil palm cultivation, noting that around 800,000 hectares have been identified for potential development.

According to Philippines News agency, the Philippines' dependence on palm oil imports, particularly from Indonesia and Malaysia, underlines the necessity…

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DOJ Pledges Comprehensive Investigation into Bataan Oil Spills

BATAAN — The Department of Justice (DOJ) has committed to conducting a thorough investigation into the recent oil spills in…

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TESDA Initiates TVET Industry Board to Enhance Graduate Employability

MANILA — The Technical Education and Skills Development Authority (TESDA) announced on Friday its collaboration with various sectors to establish…

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Philippine Economy Posts 6% Growth in Q2, Driven by Consumer and Government Spending

MANILA — The Philippine economy experienced a growth rate of 6 percent in the second quarter of this year, according…

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Philippine Stock Exchange and Peso Weaken in Monday Trading

Manila - The Philippine Stock Exchange index (PSEi) and the local currency both recorded declines in Monday's trading session. The…

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BOC-Mactan Credits Top Importers for Surpassing Revenue Targets in First Half of 2024

MACTAN — The Bureau of Customs - Sub-port of Mactan has announced plans to intensify stakeholder engagement initiatives following a…

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President Marcos Forms Task Force to Manage Bataan Oil Spill Crisis

LIMAY, BATAAN - President Ferdinand R. Marcos Jr. has established an inter-agency task force to address the environmental and community…

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WARGAMAS Association Holds Third Monthly Market to Boost Local Economy

BERAKAS, BRUNEI — The WARGAMAS Association's Economic Bureau organized its third Monthly Market on July 27th, 2024, at Jalan Utama…

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NCPC Launches Research on Armyworm Management in Negros Occidental Sugarcane Fields

Los Baños, Laguna — The National Crop Protection Center (NCPC) at the University of the Philippines-Los Baños (UPLB) is set…

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Philippines’ P29 Rice Program Aims to Mitigate Inflation and Enhance Food Security

MANILA — The Department of Agriculture (DA) announced optimistic projections for the P29 Rice Program, which began its large-scale trial…

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