Economy

DA rolls out ‘Bigas ng Masa’ affordable rice program

MANILA -- The Department of Agriculture (DA) set its "Bigas ng Masa" affordable rice program rolling on Wednesday, initially launching it in Quezon City and shortly farming it out to its regional...

PH, Hungary to boost trade, economic cooperation

MANILA -- The Philippines and Hungary will hold their first Joint Committee on Economic and Trade Cooperation (JCTEC) in September, Department of Trade and Industry (DTI) Secretary Ramon Lopez told reporters Sunday. Lopez...

More foreign competition will help logistics sector grow: PIDS

MANILA -- The Philippines should implement reforms aimed at introducing more foreign competition into transport and logistics industry in a bid to boost export competitiveness, according to a study by state think-tank...

PH holds USD26.3-T untapped oil deposits

MANILA -- The Philippines is virtually “sitting on a mountain of gold,” with untapped hydrocarbon deposits estimated at USD26.3 trillion, mostly found in the disputed Spratly chain of islands, more than enough...

2017 PH trade growth exceeds gov’t expectations

MANILA – Total merchandise trade for full year 2017 increased by 9.9 percent as imports and exports posted growth rates higher than government estimates. Imports and exports posted 10.2 percent and 9.5...

2017 PH fisheries output dips but aquaculture resurfaced

MANILA -- The local aquaculture sector rebounded in 2017 from its 6.27-percent drop in 2016, a complete opposite of the entire Philippine fisheries' performance in the past year. Philippine aquaculture production rose 1.68...

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