PHILIPPINE pharmaceutical exports are expected to grow further, boosted by supportive regulation that will enhance quality, Fitch Solutions unit BMI said. “Improved regulatory standards will boost prospects for Philippine’ medicine…
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THE Independent Electricity Operator of the Philippines (IEMOP) said it hopes to launch full commercial operations by December for the renewable energy (RE) market serving on-grid participants. “We are preparing…
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THE green energy auction (GEA) will likely proceed within the year even though the pricing mechanisms have yet to be issued. “Towards the end of this year, we should finalize…
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PRESIDENT Ferdinand R. Marcos, Jr. signed into law Thursday a priority bill seeking to boost apprenticeship programs and better align them with industry needs. The proposed Enterprise-Based Education and Training…
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THE National Government’s (NG) debt as a share of gross domestic product (GDP) was 61.3% at the end of the third quarter, the Bureau of the Treasury (BTr) said Thursday.…
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GERMAN FIRMS operating in the Philippines are projecting improved business conditions, which will cause more of them to invest and hire more, the German-Philippine Chamber of Commerce and Industry (GPCCI)…
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MANUFACTURING OUTPUT contracted by 6.3% in September due to double-digit declines in the production of coke and refined petroleum products as well as in beverages, according to the Philippine Statistics…
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GROSS DOMESTIC PRODUCT (GDP) growth in the second quarter was upwardly revised to 6.4% from the 6.3% initially reported, the Philippine Statistics Authority (PSA) said on Wednesday. The PSA said…
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RICE IMPORTS, expected at around 4.2 million metric tons (MMT) this year, are intended to build up reserves which will bridge the lean period at the start of 2025, a…
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THE national rice inventory rose 5.4% year on year to 2.15 million metric tons (MMT), the Philippine Statistics Authority (PSA) reported, citing preliminary data as of Oct. 1. The national…