ABS-CBN Corp., once the country’s largest broadcast network, on Monday dismissed anew claims of unresolved audit issues and firmly rejected reports that a proposed P2-billion capital infusion would be used for directors’ payouts, seeking to distance itself from a boardroom dispute within Lopez Inc., the company owned by its major shareholders.
The government is planning to launch a carpooling program to help reduce transportation costs and traffic congestion amid rising fuel prices caused by tensions in the Middle East.
The Department of Agriculture (DA), through its state-run Food Terminal Inc. (FTI), has launched a major intervention in Occidental Mindoro, ramping up purchases of onions to stabilize farm prices and avert supply shocks.
The Metro Pacific Investments Foundation (MPIF) rallied 2,894 volunteers across eight sites nationwide for its largest Shore It Up! Weekend yet, removing 2.3 metric tons of marine litter and planting 600 mangroves. The annual coastal and marine conservation event took place in Del Carmen, Siargao; Alaminos, Pangasinan; Puerto Galera, Oriental Mindoro; Medina, Misamis Oriental; Cordova, Cebu; Marinduque; Mabini, Batangas, with support from the Tubbataha Reefs Management Office and the Resort Owners Association of Mabini, Batangas.
Subic EnerZone Corp., the AboitizPower-led electricity distributor at the Subic Bay Freeport Zone, is preparing network upgrades to accommodate rising power demand as the economic hub expands, following a 25-year extension of its partnership with the Subic Bay Metropolitan Authority (SBMA).
The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.
President Ferdinand Marcos Jr. has vowed to use the government’s available foreign exchange reserves and policy tools to defend the peso against further depreciation, while acknowledging that surging oil prices and supply-side constraints continue to fuel inflation.
The Palawan Group of Companies (PGC) and Radiowealth Finance Company (RFC) are expanding their partnership to simplify loan disbursements and repayments, combining branch-based services with digital payments to reach more Filipino borrowers.