IN BRIEF: • The banking industry faces a growing skills gap as demand for expertise in data science, cybersecurity, and software development surges to support digital transformation efforts. • While…
Economy
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Growth in wholesale prices of general goods rose to its highest in a year in January as elevated prices after the Christmas holidays spilled over that month. Preliminary data from…
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THE Department of Agriculture (DA) said on Thursday that it will enforce a maximum suggested retail price (MSRP) scheme for pork in Metro Manila wet markets starting next week, after…
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EconomyEditor's Pick
Palawan council approves 50-year mining permit freeze; awaiting governor’s signature
By Kyle Aristophere T. Atienza, Reporter THE provincial council of Palawan approved a 50-year moratorium on new mining applications, with the measure now going before the governor for signing. The…
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By Justine Irish D. Tabile, Reporter THE furniture industry said it needs government support to break into new markets, citing the expense of mounting trade shows overseas. “We just hope…
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THE Philippine Independent Power Producers Association, Inc. (PIPPA) said on Thursday that its members are hoping to resolve the problem of power plant outages “in the soonest possible time.” “We…
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TAIHEIYO Cement Philippines, Inc. has notified the government of plans to enhance its distribution system on Luzon, the Department of Trade and Industry (DTI) said. In a statement on Thursday,…
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THE national rice inventory at the start of February fell 4.6% month on month, the Philippine Statistics Authority (PSA) said. Rice stocks hit 2.10 million metric tons (MT) as of…
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GROSS domestic product (GDP) is expected to remain within the official growth target band this year, ING Philippines said. “The Philippine economy remains a standout performer in Asia, with GDP…
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REVENUE from tourism activities, products, and services totaled P65.3 billion in January, up 78.8% from a year earlier, the Department of Tourism (DoT) said. In a statement on Thursday, the…