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RTL amendment: Boosting Support for Farmers and Food Security

The extension and amendments to the Rice Tariffication Law (RTL) formally adopted on Monday are seen to strengthen the country's agriculture sector, particularly rice farming, with increased funding aimed at enhancing productivity and food security.

CIMB Bank marks 6-year PH presence with record deposit growth

CIMB Bank in Manila, a pioneer in digital-only banking, is celebrating its sixth anniversary this December, marking a year of growth and innovative strides in the local banking landscape.

SB Capital rebrands to Security Bank Capital, aligning with parent’s BetterBanking vision

SB Capital Investment Corporation, the investment banking subsidiary of Security Bank Corporation has rebranded as Security Bank Capital and Investment Corporation.

PITX prepares for holiday surge, expects 3 million passengers this Christmas season

The Parañaque Integrated Terminal Exchange (PITX) is gearing up to accommodate up to 3 million passengers during the upcoming Christmas and New Year holiday season, from December 20, 2024, to January 6, 2025.

Meralco teams up with NNIC for airport modernization

The New NAIA Infrastructure Corp. (NNIC) has partnered with Manila Electric Company (Meralco) to modernize Ninoy Aquino International Airport (NAIA), aiming to solve long-standing power reliability issues.

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URC eyes modest growth amid global risks

Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.
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