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Agriculture output up 0.4 percent in 2023

Agricultural production rose last year, driven by the growth in crops and the poultry and livestock subsectors......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Agriculture loans surge to P3.2 trillion

Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

La Union farmers receive P1.7M worth of agri inputs ahead rainy season

La Union Gov. Raphaelle Veronica “Rafy” Ortega-David recently led the distribution of agricultural inputs worth P1.7 million to 40 farmer-cooperators from Bacnotan, Bangar, Luna, San Juan, Agoo, Bauang, Rosario, and Naguilian at the La Union Honey Bee Center in Bacnotan town......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

2 So. Leyte farmer groups receive farm equipment from DAR

This is part of DAR’s commitment to provide ARBOs with livelihood and agri-enterprise assistance geared towards increasing agricultural production and income......»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

World Bank pushes new agri insurance products

The Philippines needs to come up with new and better agricultural insurance products to help farmers cope with natural disasters, according to the World Bank......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

El Niño agri damage hits P1.2 billion — NDRRMC

In NDRRMC’s latest report, the total damage in agriculture recorded was estimated at P1,236,853,305 with a total volume of 44,845.42 metric tons. .....»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Tech advancements in agri sans job threats in Date 2024

Despite the pivotal role of technology, artificial intelligence (AI), and the Internet of Things (IoT) in agricultural development, farmers and laborers in Davao Region face no immediate threat......»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

27 Moro cooperatives get agri inputs from BARMM

Up to 27 large cooperatives of marginalized farmers in Bangsamoro barangays in Cotabato province, mostly former Moro secessionist guerillas, had received P11.9 million worth of farming supplies and livestock feeds from the regional autonomous government......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

DMCI Homes putting up 2nd leisure project in Benguet

Following the success of the company’s first leisure property in Batangas, Consunji-led DMCI Homes is developing an eco-agri mountain resort condotel in the town of Tuba, Benguet......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Gelli, Sherilyn, Patricia, Wilbert Lee sanib-pwersa sa ‘Si Manoy ang Ninong Ko’

MA-INSPIRE sa mga kuwento ng pag-asa, katatagan at modern day “bayanihan” sa bagong public service show na “Si Manoy ang Ninong Ko” simula sa Linggo, March 3, sa GMA. Magsisilbing hosts ng programa sina Gelli de Belen, Patricia Tumulak, Sherilyn Reyes-Tan, at si Manoy himself, ang dating businessman at ngayo’y isa nang public servant, Agri.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

SariSuki partners with Super8

Agri-Tech startup SariSuki has partnered with Super8 retail grocery to sell locally-procured farm produce, such as vegetables, at a price that is 40 percent lower than prevailing supermarket prices......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Probe on online sale of smuggled onions sought

The rampant online selling of smuggled onions and other agricultural products must be investigated by the House of Representatives as it is detrimental to local farmers’ livelihood and consumers’ health, according to AGRI party-list Rep. Wilbert Lee......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Indian firms to offer solutions for finance, agri, health at tech summit

Over 57 Indian tech companies will present their digital products and solutions in areas like fintech, agritech, and healthtech at the first ever India-Philippines Tech Summit on March 5 in Taguig City. .....»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Agri chief, MVP Group discuss investments in food security

Agriculture Secretary Francisco Tiu Laurel Jr. met with business tycoon Manuel V. Pangilinan, chairman of Metro Pacific Investments Corp., to discuss plans for significant investments in agriculture to support the government's food security goals......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024