DA traces idle food-laden container vans at Manila port to force majeure
The Department of Agriculture on Tuesday lauded the Philippine Ports Authority and the Bureau of Customs for quickly taking action on imported agricultural products sitting idly for months at the Port of Manila.
Finance chief says BSP could match US Fed 50 basis points rate cut
Finance Secretary Ralph Recto expects the Bangko Sentral ng Pilipinas to further reduce key interest rates this year, possibly matching the latest reduction delivered by the U.S. Federal Reserve.
Union Bank infusing P1.6 billion additional capital in UnionDigital
Union Bank of the Philippines, the country's ninth largest lender by assets, said Tuesday its board approved the infusion of up to P1.6 billion additional capital into UnionDigital Bank Inc.
Steniel Manufacturing seeks to raise P315.3 million from follow-on offer
Listed company Steniel Manufacturing Corp. is looking to raise as much as P315.3 million through a follow-on offer of up to 157.6 million shares.
GEA program suffers from unenthusiastic participants
The renewable energy industry has urged the government to redesign its Green Energy Auction (GEA) program and take the hint from the outcome of its latest iteration which suffered from a lack of participation.
