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President Marcos eyes tobacco industry model for palay ‘floor price’

President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.

ADB bares major Southeast Asia push at regional summits

Asian Development Bank (ADB) President Masato Kanda reaffirmed in Malaysia the institution’s strong commitment to advancing regional cooperation and integration at the 16th BIMP-EAGA and IMT-GT Summits, highlighting a unified approach to tackling regional challenges while unlocking shared opportunities.

Government posts budget surplus in April, 4-month budget deficit widens

The National Government (NG) recorded a budget surplus of P67.3 billion in April 2025, up 58 percent year-over-year, as tax collections accelerated despite a...

Chicken, tilapia output rise in 1Q; pork, fish dip

Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA). 

Musk pledge to refocus on firms reassures investors, lifts Tesla

A pledge made by Elon Musk over weekend to re-immerse himself in his companies has revived investor confidence, sparking a rally in Tesla shares on Tuesday even as the electric vehicle maker faces operational headwinds.

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Cebu Pacific adds new fuel-efficient jet, advances fleet modernization and sustainabilty goals

Cebu Pacific (CEB) has taken delivery of a new Airbus A320neo in Manila, the second of four such planes expected this year and part of a total seven NEO aircraft slated to join its fleet in 2026.

RL Commercial REIT remains open to third-party buys, prioritizes quality

RL Commercial REIT Inc. (RCR), the Gokongwei group’s real estate investment trust, is still open to acquiring properties from outside parties—though deals will depend on price, asset quality, management standards, and tenant mix, according to president and CEO Jericho P. Go.

Smart blocks over 955M scam text in 1Q 2026, steps up fight vs mobile fraud

Smart Communications, Inc. announced having blocked more than 955 million scam and phishing text messages and blacklisted nearly 200,000 numbers linked to fraud in the first three months of 2026, marking a major move to protect users from rising mobile-based crimes.

PAGCOR remits P5.67B dividend to government

The Bureau of the Treasury (BTr) has received a P5.67-billion dividend remittance from the Philippine Amusement and Gaming Corporation, boosting government coffers as the state seeks additional fiscal resources to cushion the economy from global uncertainties.
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