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Japan backs capacity building for Manila’s civil servants via scholarship program

In a continued show of support for the Philippines’ development goals, Japan has committed a grant worth JPY 389 million (approximately P150 million) to fund graduate studies for young Filipino government employees.

Ayala eyes retail expansion, leverages consumer-facing assets

Ayala Corp. is setting its sights on expanding into the retail sector, identifying it as a key growth opportunity missing from its current portfolio, which spans banking, fintech, telecom, and automotive.

PH urged to harness renewable energy amid US trade shifts

A recent study by global energy think tank Ember emphasizes the need for the Philippines and other Southeast Asian nations to accelerate their renewable energy (RE) transitions in light of shifting U.S. trade policies.

PH pushes for fair rules in global ocean treaty talks

The Philippines has called for robust, transparent, and inclusive governance mechanisms in the implementation of a landmark global ocean treaty, citing its economic and environmental significance, particularly for archipelagic and developing states.

CIMB resolves unauthorized transfers as BSP ensures oversight and consumer protection

CIMB Bank Philippines reported having fully resolved an incident involving unauthorized fund transfers that occurred on the night of 26 April, with all affected customers now reimbursed, the bank announced on Sunday.

Just in

PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

Banks to build releasable capital buffer for crisis lending 

The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.

LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic

The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.

President Marcos expands pork imports amid supply shortages  

Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.
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