The country’s inflation in December could settle between 3.6 percent to 4.4 percent driven by higher prices of rice and meat, according to the Bangko Sentral ng Pilipinas (BSP).

The Department of Agriculture (DA) is seeking an additional budget of P112 million next year to bankroll its cloud seeding operations as part of its mitigating measures against El Niño.

THE National Economic and Development Authority (Neda) on Thursday maintained that lower tariff rates benefit Filipino consumers, citing lower inflation rates for meat and other commodities this year.

THE Philippines posted a $672.86-million net inflow of foreign investments registered with the central bank through authorized agent banks (AABs) in November—snapping two months of consecutive net outflows—as gross inflows outpaced outflows.

THE Pru Life Insurance Corp. of U.K. (Pru Life UK) announced that the payment it received for new policies in the third quarter rose by 15.8 percent year-on-year to nearly P8 billion; owing to “innovative” products.

THE Philippines has imported almost 120,000 metric tons (MT) of onions and garlic to augment its domestic supply to meet its domestic requirement for the spices, latest Bureau of Plant Industry (BPI) data showed.

THE Philippines trimmed its balance of payments (BOP) deficit in November by over 70 percent year-on-year to $216 million, but it remained the widest in two months, according to the Bangko Sentral ng Pilipinas (BSP).

Sugar groups are calling on the Marcos administration to undertake the necessary interventions that will prevent sugarcane farmers, particularly smallholders, from suffering losses as farmgate prices continue to decline.

BANGKO Sentral ng Pilipinas Governor Eli M. Remolona Jr. said an interest policy rate cut is “highly unlikely” in the next few months as such policy move is not yet supported by various economic indicators.

THE country’s fish catch from the West Philippine Sea has been declining in recent years due to a confluence of factors, including “overfishing” involving foreign vessels encroaching in the “disputed” waters.

The Department of Budget and Management (DBM) approved the release of P5 billion for the rehabilitation of conflict-affected communities in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

THE Philippines will continue imposing anti-dumping duties against imported Turkish wheat flour for the next three years to prevent the domestic industry from suffering injuries, the state’s tariff commission ruled.

THE Bureau of Internal Revenue (BIR) said its January-to-October collections rose by 11 percent on an annual basis to over P2.1 trillion, driven by its digitalization efforts and campaign against fake receipts.