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The Department of Transportation (DOTr) has approved a fare hike for the Light Rail Manila Corp. (LRMC), which will take effect on 2 April 2025. The decision, made official in a 14 February letter, comes after the LRMC petitioned for an increase in fares, citing adjustments in its concession agreement.

A. Soriano Corp., a diversified investment holding company, on Tuesday announced the passing of its vice chairman and director, Eduardo J. Soriano, at the age of 69.

Digido Finance Corp. has signed a memorandum of agreement with PalawanPay, the digital wallet of the Palawan Group of Companies, creating a new avenue for PalawanPay users to access Digido loans directly within the app. This marks a significant development in the digital finance sector, aligning both companies in their mission to enhance financial inclusion across the Philippines.

Ayala Land Inc. has launched its first premium horizontal residential development in Davao, named Virendo, under its Ayala Land Premier brand. Located in Toril, just 16 kilometers from Davao City, the low-density enclave is part of a master-planned, mixed-use estate. Virendo offers 150 residential lots ranging from 450 to 1,803 square meters, set against lush green landscapes, natural waterways, and panoramic views of Mt. Apo-Talomo range and Davao Gulf.

The Department of Environment and Natural Resources (DENR) has signed an administrative order requiring mining companies to integrate the United Nations’ 17 Sustainable Development Goals (UN-SDGs) into their Social Development and Management Programs (SDMPs).