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NAIA passenger volume exceeds 8 million in 2 months
Air travel in the Philippines is showing signs of returning to pre-pandemic levels in 2024, as the Ninoy Aquino International Airport improved its passenger footprint by 13 percent in the first two months of the year......»»
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. .....»»
Rice imports as of mid-March 886,963 MT
The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»
Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
Taal Volcano back to spewing high-volume of toxic gas
LUCENA CITY, Philippines – After spewing lower volumes of sulfur dioxide (SO2) for the past five days, Taal Volcano in Batangas province again emitted a high level of toxic gas on Saturday, March 23. A total of 14,287 metric tons (MT) of SO2 from Taal’s main crater was measured over the past 24 hours and.....»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
Philippines manufacturing output sustains growth in January
MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»
Petron reports 51 percent jump in 2023 earnings
The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»
Philippines air passenger volume balloons to 50 million
Air travel in the Philippines ballooned by more than half to 50.18 million passengers in 2023, but remains a mile behind pre-pandemic peak as demand for international flights is slow to pick up......»»
No sugar MAV this year – SRA
The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»
British Chamber reiterates concerns on reported changes on minimum access volume
The British Chamber of Commerce Philippines remains concerned of the reported delay of quota distribution to meat importers......»»
2024 rice imports hit 570,000 MT
The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»
MAV suspension plan up for review
The Department of Agriculture plan to suspend the minimum access volume on pork and corn would undergo the scrutiny of the government’s economic cluster, a DA official said yesterday......»»
Figaro income up in 6 months
Improvement in volume from store expansion and opening boosted the earnings of Figaro Coffee Group Inc. (FCG) in the first half of its current fiscal year......»»
MAV suspension could lead to higher pork prices – importers
Meat importers have warned that pork prices could rise if the government would not immediately resolve the issues surrounding the minimum access volume (MAV) as import arrivals could be delayed......»»
BCCP raises concerns over plans to curb meat imports
The British Chamber of Commerce Philippines expressed concerns on the agriculture department’s plan to temporarily suspend the minimum access volume on corn and pork......»»
Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
Xinhua world economic news summary at 0830 GMT, Feb. 7
MANILA -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively. (Philippines-Manufac.....»»
DA wants to suspend pork, corn MAV
The Department of Agriculture is looking at curbing the country’s agricultural imports by temporarily suspending the minimum access volume for pork and corn this year......»»
InstaPay money transfers swell to P5 trillion
Real-time fund transfers via InstaPay jumped by 45 percent to P5 trillion last year as volume surged by 56 percent to 838.56 million, BancNet said......»»