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The Manila Times (March 21, 2018)

The Department of Agriculture (DA) wants to establish a state-of-the-art dairy farm in Bohol in an effort to make the province the Philippines’ dairy capital.

During a recent visit to Tagbilaran City for the Incident Command System Course for Bohol Mayors event, Agriculture Secretary Emmanuel Piñol said he wanted to “see grocery shelves filled with milk products from Bohol]in the future.”

Business World (March 20, 2018)

Former Federal Reserve Chair Janet Yellen said higher interest rates will be needed to keep the U.S. economy from overheating, though the pace must be calibrated to allow inflation to rise to the central bank’s 2 percent goal.

“I think the Fed should and has been gradually raising rates to try to stabilize the labor market, to bring down the pace of job growth to a sustainable level to avoid the economy overheating,” Yellen said Monday in Philadelphia.

Philippine Daily Inquirer (March 15, 2018)

Foreign direct investments (FDIs) in manufacturing reached $1.15 billion worth in 2017, a jump of 244 percent from year-ago level, preliminary central bank data showed.

Trade and Industry Secretary Ramon Lopez cited the data yesterday, saying investor confidence was real and the business climate remained positive.

The Manila Times (March 16, 2018)

Filipino businesses should further tap the $10-trillion Chinese market to increase bilateral transactions between the Philippines and China, Trade Secretary Ramon Lopez said on Thursday.

Speaking at a briefing on the upcoming China International Import Export Expo (CIIE), Lopez said that China continued to play an influential role in the global economy.

Philippine Daily Inquirer (February 14, 2018)

Electronics exports, which yearly account for at least half of outbound goods, reached $32.7 billion last year, marking an all-time record high, officials announced on Tuesday.

The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi) said the latest figure marked an 11-percent growth from the industry’s exports in 2016.

Business Mirror (March 15, 2018)

The value of coconut-oil shipments in January expanded by 18.3 percent to $143 million, from the previous year’s record of $120.90 million, the latest data from the Philippine Statistics Authority (PSA) showed.

Coconut oil remained as the top farm export of the Philippines and accounted for 2.4 percent of receipts in January, according to PSA data.