Wet palay is being dried on the street in Bula, Camarines Sur, Oct. 26, 2024. — PHILIPPINE STAR/NOEL B. PABALATEBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINES’ agricultural production plunged by 3.7% in the third quarter, the steepest decline in nearly four years, the statistics
Container vans are seen in the port area in Manila. — PHILIPPINE STAR/RYAN BALDEMORBy Aubrey Rose A. Inosante, ReporterTHE PHILIPPINES’ trade-in-goods deficit ballooned to $5.09 billion in September, the biggest trade gap in 20 months, the Philippine Statistics Authority (PSA) said on Wednesday.Preliminary data from
People submit their applications at a job fair in Manila. The jobless rate fell to 3.7% in September, the statistics agency said. — PHILIPPINE STAR/EDD GUMBANBy Chloe Mari A. Hufana, ReporterTHE PHILIPPINES’ unemployment rate fell to 3.7% in September, driven in part by a growing
PHILIPPINE STAR/RYAN BALDEMOR HEADLINE INFLATION is seen to remain within the Bangko Sentral ng Pilipinas (BSP) 2-4% target in the coming months despite the uptick in October, analysts said.“Yes, headline inflation did accelerate year on year, but we don’t think there is any reason to
Montemaria Asia Pilgrims, Inc. to hold Annual Stockholders' Meeting on Dec. 5 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their
Meralco recently commissioned the Milagrosa 115-kilovolt (kV) Switching Station in Carmelray Industrial Park II in Calamba City, Laguna to support the power requirements of Solar Tanauan Corp.As the year draws to a close, the Manila Electric Company (Meralco) continues to exhibit exceptional service, bolstering its
CONGRESSMEN APPROVED Meralco’s franchise to operate four years ahead of its initial concession’s expiry. — PHILIPPINE STAR/JESSE BUSTOSBy Kenneth Christiane L. Basilio, ReporterTHE HOUSE of Representatives on Wednesday approved on third and final reading a bill granting Manila Electric Co. (Meralco) a 25-year franchise extension.In
AYALALAND.COM.PHAYALA LAND, Inc. (ALI) expects P80 billion in project launches by yearend, the company’s president said on Wednesday.“The ALI business line continued with its strong performance… We expect to end the year with a total of P80 billion in launches,” Ayala Land President and Chief
There is a need to expedite the development of the Silangan Copper and Gold Project in Surigao del Norte to take advantage of current market conditions, according to Philex Mining President and Chief Executive Officer Eulalio B. Austin, Jr. — REUTERSPHILEX Mining Corp. saw its
FREEPIKBy Aubrey Rose A. Inosante, ReporterBUSINESSES could see security vulnerabilities and operational inefficiencies due to unverified code generated by autonomous artificial intelligence (AI) agents, according to clean code provider Sonar.“The quality of code generated by autonomous AI agents can vary,” Marcus Low, general manager and
“THE ADDITIONAL CAPITAL infusion will be used for the development of the Pantingan Gold project, Bolco Gold project, solar project, agribusiness project, and other priority projects of the company,” Benguet Corp. said. — BENGUETCORP.COMLISTED mining company Benguet Corp. has received P300 million from Red Earth
HONOR.COMHONOR Philippines on Wednesday launched its latest entry-level smartphone, the all-angle water-resistant HONOR X7c.The HONOR X7c has an IP64-rated design for dust and water resistance, the brand said in a statement.This latest smartphone is “another innovative yet affordable device to uplift the lifestyle needs of