Gov’t expands budget to serve 15M households with subsidized rice
The Department of Agriculture (DA) announced finding ₱18 billion to expand the government's ₱20 per kilogram rice program next year, aiming to serve up to 15 million middle- and low-income households—about 60 million Filipinos.
Romualdez denies alleged control over gov’t aid programs
The Office of House Speaker Ferdinand Martin G. Romualdez on Tuesday firmly denied claims that he exercises post-enactment control over government programs, describing recent...
Makati councilors reject proposals to hike property taxes
Councilors allied with the majority bloc of the Sangguniang Panlungsod of Makati on Monday declared firm opposition to any attempt by Mayor Nancy Binay to raise Real Property Taxes (RPT), affirming their commitment to retain the 20% reduction approved last year.
AUB hits record P6.1B 1H net profit
Asia United Bank Corp. (AUB), the Philippines’ 12th largest lender, posted a record P6.1 billion net income for the first half, up 17 percent from P5.2 billion a year ago, nearly matching its full-year 2022 profit of P6.3 billion.
BDO raises P115B ASEAN Sustainability Bond offer
BDO Unibank Inc., the country’s largest lender by assets, said Tuesday it P115 billion through its fourth Peso-denominated ASEAN Sustainability Bond issuance, exceeding expectations with a subscription level 23 times higher than its initial P5 billion offering.
