JTI Philippines has committed to purchase an additional 3.32 million kilograms of local green weight tobacco leaf to absorb excess supply caused by overproduction in major growing areas. The move supports farmers amid weaker global demand that drove down prices from last year’s highs.
SMC SALEX has confirmed all tree-related activities for its planned elevated expressway in Manila follow strict guidelines approved by the Department of Environment and Natural Resources (DENR), addressing public concerns about vegetation along Quirino Avenue.
Manila Water has assured reliable, safe water supply across its East Zone service area even as Angat Dam’s water level drops below the 180-meter minimum operating mark and demand rises with school resumption on June 8.
The Philippines and Vietnam are aiming to push bilateral trade beyond USD10 billion as the two Southeast Asian economies deepen economic and security ties under a planned Enhanced Strategic Partnership.
A rare coalition of labor unions and business groups has urged President Ferdinand R. Marcos Jr. to step up efforts to protect workers’ freedom of association, arguing that stronger labor rights enforcement is crucial not only for constitutional compliance but also for economic stability and investor confidence.
Metro Pasay Hospital and Medical Center, Inc. has teamed up with PLDT Enterprise to boost its digital infrastructure, aiming for smoother operations and better patient care.
Insular Life (InLife) delivered a strong top-line performance last year, with revenues surging to P36 billion as the insurer reaped gains from higher premium collections and the integration of Generali Philippines, now operating as InLife Benefits.
Arthaland Corp. projects to earn P12 billion from Sondris, its premium residential development in Makati City. Developed in partnership with Japan’s major real estate firm Mitsui Fudosan Co., the 37-story tower taps into strong demand for sustainable high-end properties.
Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.