DA readies cash assistance to farmers The farm-gate price of palay continues to drop during the fourth week of September, with prices in some areas still below the breakeven price farmers had spent for the last planting season. The good news is that the Department of Agriculture (DA) was recently...
The country’s trade deficit dropped in August as imports slowed at much faster pace than exports, data from the Philippine Statistics Authority (PSA) showed. The gap in the trade balance, which is the difference between the value of export and import, reached $2.07 billion in August, lower by 31...
Pineapple and watermelon are currently the most profitable fruit commodities in the Philippines with growers posting record high return of investments (ROI) of 377 percent and 220 percent, respectively among other fruit growers in 2019. At 70, Tata Aldong still plows and tills the land, and even...
Both the farmgate and retail prices of the country’s main staple food palay and corn are on a downtrend, which is bad news for farmers but good news for consumers. Latest data from the Philippine Statistics Authority (PSA) showed that farmgate price of palay fell further during the first week of...
Foreign investment approvals fell by more than three-fifths in the second-quarter this year after several areas in the country implemented large scale movement restriction to curb the spread of coronavirus disease. Data from the Philippine Statistics Authority (PSA) showed that total approved...
The country’s trade deficit decreased by half in July as imports weakened while exports dropped at a much slower pace, data from the Philippine Statistics Authority (PSA) showed. The Philippines’ balance of trade in goods, which measures the difference between the value of export and import,...
