Agriculture Beyond Farming: 5 Business Opportunities for Filipinos
Business

Agriculture Beyond Farming: 5 Business Opportunities for Filipinos

The Philippine agriculture sector is gaining traction, with the government aiming to attract $57.4 million in investments at a UN FAO-hosted forum. This highlights diverse business opportunities extending beyond traditional farming.

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  • FDI Inflows Plunge 44% in July, Signaling Economic Headwinds

    Foreign direct investment (FDI) net inflows into the Philippines plummeted by 44.1% year-on-year to $689 million in July, contributing to a 23.9% decline in the seven-month tally. The downturn was primarily driven by weaker equity capital investments and intercompany borrowings, raising concerns for economic recovery.

  • Subsidy Helped 96% of PUV Drivers Stay or Return to Routes: SWS

    A Social Weather Stations (SWS) survey reveals that 96% of public utility vehicle (PUV) drivers and transport workers who received fuel subsidies reported that the aid helped them remain on or return to their routes. The government plans to use these findings to enhance assistance delivery and explore sustained support mechanisms.

  • PHL Renewable Energy Expansion Risks Oversupply, Deters Investment, ACEN Says

    ACEN Corp. warns that the Philippines' aggressive renewable energy expansion plans, particularly through green energy auctions, risk market oversupply, potentially deterring private investment by depressing prices.

  • Philippines Guides Provinces Towards Measurable Development Results with New Framework

    The Philippine Department of Economy, Planning, and Development (DEPDev) has launched the Provincial Development Planning (ProvDP) Framework to align provincial development plans, public investments, and budgets towards measurable results. This aims to ensure provincial agendas reflect local priorities while aligning with national objectives and enabling progress tracking.