Agricultural output slumps in Q3
Wet palay is being dried on the street in Bula, Camarines Sur, Oct. 26, 2024. — PHILIPPINE STAR/NOEL B. PABALATEBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINES’ agricultural production plunged by 3.7% in the third quarter, the steepest decline in
September trade deficit widest in 20 months
Container vans are seen in the port area in Manila. — PHILIPPINE STAR/RYAN BALDEMORBy Aubrey Rose A. Inosante, ReporterTHE PHILIPPINES’ trade-in-goods deficit ballooned to $5.09 billion in September, the biggest trade gap in 20 months, the Philippine Statistics Authority (PSA)
Unemployment rate falls to 3.7% in September
People submit their applications at a job fair in Manila. The jobless rate fell to 3.7% in September, the statistics agency said. — PHILIPPINE STAR/EDD GUMBANBy Chloe Mari A. Hufana, ReporterTHE PHILIPPINES’ unemployment rate fell to 3.7% in September, driven
Inflation likely to remain within 2-4% target range in coming months
PHILIPPINE STAR/RYAN BALDEMOR HEADLINE INFLATION is seen to remain within the Bangko Sentral ng Pilipinas (BSP) 2-4% target in the coming months despite the uptick in October, analysts said.“Yes, headline inflation did accelerate year on year, but we don’t think
Montemaria Asia Pilgrims, Inc. to hold Annual Stockholders’ Meeting on Dec. 5
Montemaria Asia Pilgrims, Inc. to hold Annual Stockholders' Meeting on Dec. 5 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that
Meralco continues to deliver stakeholder value and reliable service to customers
Meralco recently commissioned the Milagrosa 115-kilovolt (kV) Switching Station in Carmelray Industrial Park II in Calamba City, Laguna to support the power requirements of Solar Tanauan Corp.As the year draws to a close, the Manila Electric Company (Meralco) continues to
House OKs Meralco franchise renewal on final reading
CONGRESSMEN APPROVED Meralco’s franchise to operate four years ahead of its initial concession’s expiry. — PHILIPPINE STAR/JESSE BUSTOSBy Kenneth Christiane L. Basilio, ReporterTHE HOUSE of Representatives on Wednesday approved on third and final reading a bill granting Manila Electric Co.
ALI expects 2024 launches to reach P80 billion
AYALALAND.COM.PHAYALA LAND, Inc. (ALI) expects P80 billion in project launches by yearend, the company’s president said on Wednesday.“The ALI business line continued with its strong performance… We expect to end the year with a total of P80 billion in launches,”
Higher gold, copper prices propel Philex Mining’s Q3 income
There is a need to expedite the development of the Silangan Copper and Gold Project in Surigao del Norte to take advantage of current market conditions, according to Philex Mining President and Chief Executive Officer Eulalio B. Austin, Jr. —
AI-generated code may expose businesses to security issues
FREEPIKBy Aubrey Rose A. Inosante, ReporterBUSINESSES could see security vulnerabilities and operational inefficiencies due to unverified code generated by autonomous artificial intelligence (AI) agents, according to clean code provider Sonar.“The quality of code generated by autonomous AI agents can vary,”