Maya, GCash cut ties with online gambling, sever links, icons from platform
The country’s two e-wallet companies on Thursday said they will comply with the Bangko Sentral ng Pilipinas’ (BSP) directive to remove links and icons that connect payment apps to online gambling platforms.
Korea-funded cold storage and food hub launches in Palawan
A Korea-funded cold storage and seafood distribution hub launched in El Nido, Palawan, this week—marking a major policy-driven initiative to enhance fisheries, support local cooperatives, and strengthen climate-resilient livelihoods in coastal communities.
DA keeps rice price cap despite upcoming import suspension
The Department of Agriculture (DA) on Thursday announced that the maximum suggested retail price (MSRP) for imported rice will remain in effect during the planned two-month rice import suspension beginning September 1.
ERC proposes policy reforms to expedite 5,000-case backlog
The Energy Regulatory Commission (ERC) is proposing key internal policy adjustments aimed at accelerating the resolution of approximately 5,000 pending cases, some dating back to the agency’s founding in 2001.
AGI income soars39% on one-time gains
Alliance Global Group Inc. (AGI), the investment holding firm of tycoon Andrew L. Tan, posted a 39 percent surge in net income to P19.2 billion in the first half of 2025, from P13.82 billion a year ago, driven in part by a one-off gain from the de consolidation of Golden Arches Development Corp. (GADC), the operator of McDonald’s Philippines.
