Philippine National Bank (PNB) is seeking to dispose of three prime properties that it values at about $1 billion as early as this year, a person familiar with the plan said. Pedestrians wearing protective mask walk near the Philippine National Bank (PNB) Center in Makati City, Metro Manila,...
The Asian Development Bank (ADB) expects a deeper contraction in the Philippine economy this year as consumption and investments are seen to remain subdued for the remaining months of the year amid global uncertainly. Based on the updated Asian Development Outlook 2020, the Manila-based...
To fully transform the agriculture sector, the Department of Agriculture (DA) must be given a higher budget, ideally more than P100 billion, that is proportional to the sector’s contribution to the country’s total gross domestic product (GDP), a top DA official said. Farm workers thresh rice...