The Philippine government has several programs to combat child undernutrition. The two largest are the Supplementary Feeding Program (SFP) of the Department of Social Welfare and Development (DSWD) and the School-Based Feeding Program (SBFP) of the Department of Education (DepEd). The SFP targets...
The Philippine Stock Exchange index (PSEi) rose on Monday, July 27, after the halt in hostilities in the Middle East prompted some investors to start bargain-hunting. The main index gained 33.89 points, or 0.54 percent, to close at 6,314.90. Miners led the advance, while conglomerates and...
The country’s motorcycle sales grew by 3.6 percent to nearly 940,000 in the first half of the year as demand remained strong despite higher fuel prices, the Motorcycle Development Program Participants Association Inc. (MDPPA) said. Data from the MDPPA showed that industry sales reached 939,528...
The mechanization level of the country’s rice farms is on track to reach 3.40 horsepower per hectare (hp/ha) by 2031, further lowering labor costs and improving the sector’s productivity, according to the Philippine Center for Postharvest Development and Mechanization (PhilMech). In a...
Three multilateral lenders are expected to greenlight up to $8.9 billion, equivalent to about ₱549 billion, in new loans over the next two years before the Philippines’ upper-middle-income-country (UMIC) status limits the country’s access to concessional financing in the coming years....
The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods. The main index shed 2.11 points, or 0.03 percent, to close at 6,281.01. Sectoral indices were...
The ongoing war in the Middle East continues to “ substantially ” weigh on the Philippine tourism industry, although strong domestic tourism has helped cushion the impact, according to the Department of Tourism (DOT). Speaking during the 117th Asian Impact Webinar organized by the...
In the prevailing, highly volatile political climate—exacerbated by maritime bullying in the West Philippine Sea that creates an air of uncertainty—it is only natural for foreign investors to take a risk-averse stance toward the country. Yes, Virginia, while the President has been going around...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
The Philippines, one of the world’s most climate-vulnerable countries, can strengthen its climate resilience by investing more in female farmers, according to Tokyo-based think tank Asian Development Bank Institute (ADBI). In a policy brief titled “Agricultural Innovation and Women’s...
The Philippines risks “growing old before becoming rich” unless policymakers shift their focus from population control to investing more in children, boosting productivity, and preparing for an aging society, according to state-run policy think tank Philippine Institute for Development Studies...
While stock analysts expect Maynilad Water Services Inc. to be a shoo-in for the Philippine Stock Exchange index (PSEi) next month, the bourse’s revamped criteria for index inclusion are expected to make Aboitiz Power Corp. (AboitizPower) and Synergy Grid & Development Philippines Inc. (SGP)...
