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Del Monte seeks PSE lifting of trading suspension

Del Monte Pacific Limited (DMPL) said Friday it has asked the Philippine Stock Exchange (PSE) to lift the trading suspension imposed earlier this week after its external auditor issued a disclaimer of opinion on the company’s latest financial statements.

DOTr to begin distribution of discounted Beep Cards at all Metro Manila rail stations

DOTr to begin distribution of discounted Beep Cards at all Metro Manila rail stations Transport/Comms The Department of Transportation (DOTr) announced on Friday that starting Saturday, personnel will be deployed across all 51 rail stations in Metro Manila to begin the distribution of discounted Beep cards for students, senior citizens, and persons with disabilities (PWDs). DOTr acting Secretary Giovanni Lopez confirmed the rollout in a live televised address, saying that the initiative covers all stations on MRT-3 (13 stations), LRT-1 (25 stations), and LRT-2 (13 stations). “We will be in all 51 rail stations tomorrow, Saturday, to begin the distribution of Beep cards for eligible commuters,” Lopez said. The discounted Beep cards offer a 50 percent fare discount for students and qualified users commuting along the three major urban rail lines. Lopez emphasized that the agency opted to launch the distribution over the weekend to ensure that students have access to the cards before classes resume on Monday. Originally slated for earlier release, the cards were delayed due to late delivery of printing equipment required to issue them. However, Lopez noted that with the printers now ready for deployment, the application process has also been streamlined, with fewer documentary requirements needed to obtain a card. In parallel with this initiative, the DOTr has also begun distributing 300,000 additional standard Beep cards to address an ongoing shortage of the RFID-enabled stored-value cards used widely across the Metro Manila rail network. The Beep card system is widely used to ease commuter access across various modes of public transport, providing a cashless, efficient means of travel.

NVIDIA to invest USD5B in Intel 

NVIDIA Corp. is investing USD5 billion in Intel Corp. as part of a landmark collaboration to co-develop custom data center and personal computer products aimed at accelerating artificial intelligence (AI) and high-performance computing applications across enterprise, hyperscale, and consumer markets.

Alas hopes in FIVB championship ends in epic battle with Iran

Six match points. Six moments to dream. But in the end, only silence. Alas Pilipinas stood on the brink of something historic—a ticket to the Round of 16 in the 2025 FIVB Men’s World Championship—armed with six chances to seal the deal, in front of a roaring, breathless crowd at the Mall of Asia Arena.

Ayala expands P20B buyback to shares of units

Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...

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DA backs calamity declaration to mobilize El Niño response 

Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.

Prime Midstream sees sustained gas demand as power needs rise

Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.

Japanese diplomat reaffirms bilateral ties at 82nd Leyte Gulf landings commemoration

Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.

San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.
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