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DPWH removes 4 officials over corruption, reinforces anti-graft policy

The Department of Public Works and Highways (DPWH) has relieved four district engineers and senior officials from their posts amid separate corruption allegations, in line with President Ferdinand Marcos Jr.’s directive to weed out corrupt personnel across government.

EastWest leader honored as PMAP People Manager Exemplar

Lawyer Juan Alfonso “Alfie” D. Suarez, Chief People, Corporate Services and Sustainability Officer of EastWest, has been named a People Manager Exemplar by the People Management Association of the Philippines (PMAP). The award celebrates his more than three decades of championing people-centered growth, building strong leadership pipelines, and creating positive workplace cultures.

Business trust remains fragile, real estate ranks last

Philippine businesses scored 72 out of 100 in the country’s first Business Trust Index, barely clearing the stability threshold, with real estate emerging as the least trusted of nine sectors surveyed.

Converge stays bullish on long-term growth, reports steady revenue rise despite economic headwinds 

Converge ICT Solutions Inc. remains confident in its long-term growth outlook, even as inflation, high energy costs and broader economic pressures continue to pose challenges, the company announced on Monday.

Philippine nuclear ambitions face cost, safety, technology tests

The Philippines’ plan to introduce nuclear power will depend less on installed-capacity targets than on whether proposed projects can deliver affordable electricity, meet local demand, and satisfy stringent safety requirements, nuclear and energy experts said.

Just in

DA lifts poultry import ban on Germany

The Department of Agriculture has lifted its temporary ban on poultry imports from Germany, effective November 4, after confirming the country is free from highly pathogenic avian influenza. The World Organization for Animal Health has also recognized Germany as disease-free, with DA assessing import-related risk as negligible. Resuming trade will ease local supply constraints, though all biosecurity and quarantine rules remain in effect.

Temporary pork import ban may extend beyond 60 days if needed 

The Department of Agriculture announced Monday that its new 60-day temporary restriction on pork imports could be extended beyond the initial period if conditions warrant, stressing that the government must balance the interests of local producers, consumers, and meat processors. Agriculture Secretary Francisco Tiu Laurel Jr. confirmed the possibility of extending the measure, drawing parallels with last year’s rice import ban, while noting that careful consideration is needed to avoid undue impact on meat prices and supply ahead of the Christmas season.

SM Prime earnings fall 5% as housing slump hits sales

Weak residential demand, high borrowing costs, elevated inflation, and cautious buyers, dragged down SM Prime Holdings Inc.’s earnings by 5 percent to P35.4 billion in the first nine months, offsetting stronger rental income and growth in its mall and hospitality businesses.

SM Prime caps 2027 spending at P100B, freezes new office projects

SM Prime Holdings Inc. will keep its 2027 capital...
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