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Agriculture sector damage from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay and Neneng has risen to P1.91 billion, per the Department of Agriculture (DA) 12 noon advisory. This is up from the P1.79 billion reported August 22.

A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.

The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

French tire maker Michelin is seeing strong growth opportunities in the Philippines as evolving mobility patterns and more discerning consumers drive demand for safer, more innovative, and sustainable transport solutions.

Treasury bill yields were mostly higher at Monday’s auction as investors appeared to price in the possibility of tighter monetary policy ahead of the Bangko Sentral ng Pilipinas’ interest rate-setting meeting later this week.