The Sugar Regulatory Administration (SRA) on Thursday reported that the red-striped soft scale insect (RSSI) infestation in Visayan sugarcane fields has expandedw to 1,505 hectares, an 11.5 percent increase from 1,350 hectares five days prior. The pest, primarily affecting Negros Occidental, Iloilo, Capiz, and Negros Oriental, is known to slash sugar content by up to 50 percent.
Aboitiz Construction has formally launched its Integrated Facilities Management (IFM) services at the Mactan-Cebu International Airport (MCIA), in a landmark partnership with Aboitiz InfraCapital Cebu Airport Corporation (ACAC), operator of the country’s second busiest airport.
The Bangko Sentral ng Pilipinas (BSP) reduced its benchmark interest rate by 25 basis points on Thursday, as the monetary board responded to a more favorable inflation outlook and signs of slowing global economic activity.
The Department of Transportation (DOTr) has ordered NLEX Corp. to immediately suspend toll collection at the northbound segment of the Marilao Interchange on the North Luzon Expressway (NLEX) until all four lanes are fully operational.
Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.
Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.
Manulife Philippines has appointed Manish Sangal as deputy chief executive officer as the insurer strengthens its leadership team and accelerates its digital transformation strategy in the Philippine market.
Bank of the Philippine Islands is widening its sustainability agenda beyond environmental initiatives, ramping up support for underserved sectors, small businesses, and financial inclusion programs nationwide.