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Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF
HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»
Loans to agriculture sector ‘quadrupled’ in 2023
The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»
El Niño damage to agriculture sector hits P357.4 million
The damage the El Niño phenomenon brought to the agriculture sector in four regions alone – Ilocos, Mimaropa, Western Visayas and Zamboanga peninsula – has already ballooned to P357.4 million, according to the Department of Agriculture......»»
Scholarship for agriculture students pushed
LAPU-LAPU CITY, Cebu- Recognizing the vital role of the agriculture sector in food sustainability and local farmer empowerment, a Cebu City councilor proposed an ordinance to provide scholarship grants to students who would pursue agriculture-related programs in college. The proposed legislation, titled “An Ordinance Granting Educational Scholarship Assistance to Qualified Cebu City Residents Pursuing Agriculture-Related.....»»
Small businesses may make up 60% of Philippines GDP – Visa
Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»
Dabawenyo D.C.Plinado highlighted during Araw opening
THE Araw ng Dabaw Opening on March 1 at Rizal Park highlighted the discipline of Dabawenyos as the main contributor to the city's success......»»
SM supports agriculture sector through farm-to-store program
The SM Group is ramping up its support for the country’s agriculture sector through a wider farm-to-store program being undertaken by food retail affiliate and community shopping mall chain WalterMart......»»
Tell it to SunStar: ‘Unprofessional conduct in its lowest form’
Tell it to SunStar: ‘Unprofessional conduct in its lowest form’.....»»
SWS: Satisfaction with President Marcos lowest in Mindanao
In a span of just one year, satisfaction with President Marcos among those in Mindanao has shifted from being highest to the lowest in the country, surveys conducted by Social Weather Stations (SWS) showed......»»
Unemployment lowest in 2 decades
Unemployment lowest in 2 decades.....»»
DavNor posts lowest Dec 2023 inflation rate in Davao region
DavNor posts lowest Dec 2023 inflation rate in Davao region.....»»
Agriculture losses P1.75B due to El Niño
MANILA, Philippines — The El Niño phenomenon has cause P1.75 billion worth of damage to the agriculture sector, Presidential Communications Office (PCO) Assistant Secretary Joey Villarama said on Wednesday. Villarama, who serves as the spokesperson for the government’s Task Force El Niño, said that the group met on Tuesday where the Department of Agriculture (DA).....»»
DA: Shear line agriculture damage reaches P137 million
The shear line’s damage to the agriculture sector in Davao and Caraga reached P136.57 million covering at least 9,043 hectares of rice and corn, according to the Department of Agriculture......»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
Social Media Firms Shares Soar in Stock Market Debut
India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»
‘Investment spending rebounds in 2023 4Q, driving GDP growth’
‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»
Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»