Public Works Secretary Vince Dizon on Friday announced that he will meet with the Anti-Money Laundering Council (AMLC) next week to discuss the freezing and eventual seizure of assets belonging to individuals allegedly involved in corruption tied to the Department of Public Works and Highways’ (DPWH) flood control projects.
Japanese investors gave a strong vote of confidence in the Marcos Jr. administration’s economic agenda during the Philippine Economic Briefing (PEB) held in Osaka, which drew over 280 investors and guests.
BBDO Unibank, Inc. has been appointed as the trustee for the Social Security System’s (SSS) Balanced Fund mandate, marking a significant step in the agency’s efforts to safeguard and grow pension funds for Filipino workers and retirees.
Aboitiz Equity Ventures Inc. (AEV), a major shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), has marked a significant milestone with the groundbreaking of CCEAP’s new 42-hectare manufacturing facility at TARI Estate in Tarlac City—one of the largest Coca-Cola plants globally and among its most substantial infrastructure investments to date.
The Securities and Exchange Commission (SEC) and the Department of Finance (DOF) have signed a data sharing agreement to support the Philippine Extractive Industries Transparency Initiative (PH-EITI), a government-led body promoting transparency in the management of natural resources.
Acting Transportation Secretary Giovanni Lopez has filed criminal charges against two former Department of Public Works and Highways (DPWH) officials for allegedly using falsified driver’s license.
Public Works Secretary Vince B. Dizon has lifted the suspension on bidding for government infrastructure projects, citing the urgent need to avoid delays in the rollout of critical national infrastructure. The resumption, however, comes with stringent new transparency and accountability measures.
The Department of Agriculture (DA) has scaled back its rice production target for 2025, citing widespread flooding in key agricultural areas. But even with the adjustment, the DA said the country is still on track to surpass its high palay harvest this year.