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NFA adds Tarlac palay storage to aid farmers, boost supply

The National Food Authority (NFA) is leasing extra warehouse space in Victoria, Tarlac to buy more palay directly from local farmers and strengthen the government’s rice supply program.

Century Properties simplifies housing business via PHirst merger

Century Properties Group Inc. (CPGI) is consolidating its first-home housing business under its listed parent company after securing regulatory approval to absorb PHirst Park Homes Inc., a move aimed at simplifying operations and tightening capital allocation.

Gov’t building ₱430 million FMRs in Mimaropa

The Department of Agriculture and Department of Public Works and Highways have partnered to build 29 farm-to-market roads across Mimaropa worth P430 million, marking a major step to cut costs and boost earnings for thousands of rural families.

Domestic companies led 2Q expansion in foreign currency loans

Borrowing in foreign currencies by domestic industries drove a notable quarter-on-quarter increase in foreign currency deposit unit (FCDU) loans, which rose to $16.31 billion in the second quarter of 2026. This marks a 5.6 percent expansion from the $15.44 billion recorded in the previous quarter, signaling strong credit demand among key economic sectors operating in foreign trade and essential local industries.

Filipinos put daily needs over long-term financial goals amid rising costs

Economic strains including higher prices for everyday goods are pushing most Filipinos to focus on covering current household expenses rather than setting money aside for future milestones, according to the latest Purple Report from East West Ageas Life Insurance Corp.

Just in

PCTO raises due process, transparency concerns over NTC sanctions on telcos

The Philippine Chamber of Telecommunication Operators (PCTO) has expressed serious concerns over recent sanctions handed down by the National Telecommunications Commission (NTC) against major telecommunications firms, citing issues with fairness, clarity of standards, and potential impact on service improvements.

Yuchengco’s PetroWind signs TransCo deal securing 20-year tariff for Aklan wind project

Yuchengco-led PetroWind Energy Inc. has signed a Renewable Energy Payment Agreement (REPA) with state-run National Transmission Corp. (TransCo), locking in guaranteed pricing for its 13.56-megawatt Nabas Wind Power Project Phase 2 in Aklan. This follows the project securing its Green Energy Auction tariff in 2022, plus a provisional operating permit from the Energy Regulatory Commission in May 2026 and a formal tariff endorsement from the Department of Energy in July 2026.

NSCR on track to partial 2027 opening

The Department of Transportation (DOTr) confirmed Wednesday that the North-South Commuter Railway Extension (NSCR-Ex) remains on schedule to launch partial operations on the first 28-kilometer stretch from Valenzuela to Malolos by the end of 2027. The update came as Executive Secretary Ralph Recto, DOTr Undersecretary for Railways Timothy John Batan, and Assistant Secretary for Right of Way Acquisition Irish Calaguas inspected the project on September 29, 2026.

SEC unifies foundation rules to ease compliance, boost oversight

The Securities and Exchange Commission is bringing all existing rules for foundations together into one complete set of guidelines, designed to make compliance simpler and strengthen supervision across the sector. Issued as a draft memorandum circular, this omnibus framework addresses longstanding challenges where requirements were scattered across separate laws, orders, and agency issuances, making them hard to track and follow. The new unified set will serve as one up-to-date reference covering everything from organization setup to regular reporting and ongoing compliance, including all necessary forms, templates, instructions, and procedures.
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