More funding sought for farm soil rehab
THE Department of Agriculture (DA) said it is seeking more funding to support the rehabilitation of farm soil. “We really need to step up our organic fertilizer, soil ameliorants, …
Category: Business
What Deindustrialization? – Econlib
Many critics of free trade argue that globalization has led to the US becoming deindustrialized; That is, trade is eroding our manufacturing base. Economists refute this claim by pointing …
Worries about fund scrutiny behind gov’t spending slowdown — Sun Life
THE Sun Life of Canada (Philippines), Inc. (Sun Life) said the government needs to spend aggressively following weaker-than-expected growth this year, with government agencies reluctant to spend because of …
Industrial firms see AI as priority but lack of readiness an issue — analysts
ARTIFICIAL INTELLIGENCE (AI) is considered a priority item by industrial companies, Bain & Co. said, citing the results of a study, though companies worry about unpreparedness to deploy the …
Index drops to 6,600 level on inflation pickup
PHILIPPINE SHARES dropped to the 6,600 level on Thursday as headline inflation accelerated in November. The main Philippine Stock Exchange index (PSEi) fell by 0.58% or 39.19 points to …
European firms see growth in PHL trade, investment over next 4 years
MOST European firms doing business in the Philippines are expecting trade and investment to increase in the next four years, according to a report by the European Chamber of …
Peso returns to P57 level after CPI data
THE PESO climbed back to the P57-a-dollar level on Thursday to post its best finish in more than six weeks as November inflation accelerated in line with expectations, which …
TDK Corp. opens second factory in Laguna
THE Philippine unit of TDK Corp., a Japanese electronic components and devices company has opened a second factory in Laguna TechnoPark, according to the Philippine Economic Zone Authority (PEZA). …
2 Davao roads operationalized
PRESIDENT Ferdinand R. Marcos, Jr. on Thursday said the government is set to operationalize two key road projects in Davao region by 2026. He was referring to the Tagum …
Spot prices up slightly in November
ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) rose in November as margins narrowed between supply and demand, the Independent Electricity Market Operator of the Philippines (IEMOP) said. …