120,000 workers to get P20 rice starting June
The Department of Agriculture (DA) announced Wednesday that 120,000 minimum wage earners nationwide will be the first to benefit from the subsidized rice program offering P20 per kilo, starting June. This initiative is in partnership with the Department of Labor and Employment (DOLE), which identified the initial pool of eligible workers, mostly employed in private factories and companies.
FNI secures MPSA renewal for Ipilan nickel project
Listed mining firm Global Ferronickel Holdings Inc. (FNI) announced the renewal of its Mineral Production Sharing Agreement (MPSA) for the Ipilan Nickel Project in Brooke’s Point, Palawan, a key development supporting the company’s expansion and long-term diversification goals.
SM Prime Expands Footprint with First Ilocos Norte Mall Opening
SM Prime Holdings Inc. will inaugurate SM City Laoag on May 30, marking its 88th shopping mall in the Philippines and its first in Ilocos Norte. The new mall underscores the company’s strategy to deepen its presence in emerging regional growth centers.
Aboitiz-led BPIA modernization targets 3.9M passengers by 2030
Aboitiz InfraCapital, Inc. (AIC) announced the upcoming turnover of Bohol-Panglao International Airport (BPIA) in June 2025, highlighting a P4.53-billion facility upgrade that is expected to significantly enhance Bohol’s tourism and commercial capacity. Under a 30-year concession, AIC will implement infrastructure enhancements including expanded terminal capacity, modern aviation systems, and upgraded airside and landside facilities.
Ayala Group launches massive EV charging expansion
The Ayala Group, through AC Mobility and property arm Ayala Land Inc., is undertaking an ambitious nationwide expansion of the electric vehicle (EV) charging infrastructure, targeting 700 stations by the end of 2025, up from just 90 today. The move, announced Tuesday, marks a bold push into clean energy infrastructure with clear commercial and corporate significance.
