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The Department of Tourism (DOT) and the Philippine Statistics Authority (PSA) recently conducted the 2023 Philippine Tourism Satellite Accounts (PTSA) and Tourism Statistics Dissemination Forum at the Philippine International Convention Center. The Tourism Satellite Account (TSA) is a globally recognized statistical framework used to measure the economic impact of tourism. Developed by the United Nations […]
President Ferdinand Marcos, Jr.’s administration’s initiatives to modernize agriculture and support farmers and fishermen contributed to the growth of the farm and fishery sector in the first quarter, despite challenges posed by El Niño and increased input costs. The value of production in agriculture and fisheries, based on constant 2018 prices, rose in the January-March […]
Saying that poultry and egg productions are vital in food security, sustainability and poverty reduction, Senator Cynthia Villar underlined the need to always seek ways to help our farmers. Speaking during the United Broiler Raisers Association (UMBRA) and the Philippine Egg Board Association events in Quezon City recently, Villar stressed the country’s poultry industry is […]
The Department of Agriculture (DA) said that despite slight contraction in the value of farm production in the third quarter, there are still strong indications the sector could contribute positively to the economy. The Philippine Statistics Authority (PSA) reported that value of farm output in the third quarter declined 0.3 percent year-on-year, hurt by lower […]
Led by the crops, poultry, and fisheries subsectors, the value of the country’s agriculture and fishery production based on 2018 constant prices grew by 0.6 percent during the fourth quarter (Q4) of 2021, according to the Philippine Statistics Authority (PSA). The crops subsector, which contributed 59% to the total value of production, expanded by 2.6%, […]
In a single lifetime, how many times have we heard the saying “Change is inevitable”? This quote from John Maxwell is heavily used in workplaces and businesses. But it is also often quoted incompletely; Change is inevitable. Growth is optional. The complete quote gives us two main ideas: First, it tells us that change will happen with […]
Philippine exports led the way to the continued expansion of global trade, spurred on by the gradual opening of major economies abroad as it contributed $5.89-B to total trade or a 29.8% growth for May 2021, over the previous year’s $4.54-B. This effectively shrunk the Balance of Trade by $329.9M from April 2021 figures, even […]
Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat said her department is focusing on domestic tourism over international tourism amid the ongoing pandemic. Romulo-Puyat said the DOT registered more domestic tourists with 110 million in the past year as compared to the international tourists with just 8.2 million. Romulo-Puyat said they are also encouraging island destinations […]
Twelve key strategies will guide the Department of Agriculture (DA) in pursuing major programs and activities for the current year, and pave the way to attain a modest agriculture sector growth of 2.5 percent. Agriculture Secretary William Dar issued a memorandum recently to all DA executives, attached agencies and corporations, programs, and regional offices to […]
The Department of Agriculture, led by Secretary William Dar, is taking on the challenge posed by Finance Secretary Carlos Dominguez, to exert all efforts to enable the country’s agriculture sector to grow by at least 2 percent per year amid the coronavirus disease (COVID-19) pandemic. “This is a tall order set by our mentor, and […]