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Gov’t sets ₱50/kg cap on imported rice amid rising inflation

The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.

Converge hits ₱11.2B revenue, surpasses 3M subscribers in 1Q 2026

Converge ICT Solutions Inc. posted ₱11.2 billion in revenue in the first quarter of 2026 as its subscriber base grew past three million, driven largely by strong demand for prepaid fiber internet.

Xurpas cancels P10-M share subscription deal

Xurpas Inc. has cancelled a planned issuance of 100 million shares to PPARR Management & Holding Corp., scrapping a capital infusion deal that was originally intended to raise P10 million for general working capital needs.

BMW deploys 125-vehicle for ASEAN 2026 Summit

BMW Philippines completed its role as the official premium mobility partner for the ASEAN 2026 Summit by deploying a 125-vehicle fleet to transport heads of state, diplomats and senior officials during the regional event hosted by the Philippines.

SPAVI profit drops as expansion push continues

Shakey’s Pizza Asia Ventures Inc. reported slower earnings growth in the first quarter of 2026 as the restaurant group continued expanding despite weak consumer spending and rising operating pressures.

Just in

DOJ tightens net on rogue property brokers

The Department of Justice (DOJ) is stepping up efforts to crack down on illegal real estate activities, signaling a tougher enforcement stance as authorities seek to strengthen market integrity and restore public trust in property transactions.

Maya introduces mini payments to boost flexibility in digital credit management

Financial technology platform Maya has launched Mini Payments, a new feature that lets credit card holders convert eligible purchases into monthly installment plans directly through the app – even after a transaction has already been completed.

Globe activates new 5G facility at Miriam College to boost digital learning

Globe Telecom has launched a new 5G network facility at Miriam College, marking another milestone in its effort to support modern education and empower the next generation of learners.

Globe secures P5B loan to fund growth

Globe Telecom has secured a P5-billion term loan facility from BDO Unibank, providing additional financial flexibility to support network investments, refinance existing obligations, and meet general corporate funding requirements as demand for digital services continues to rise.
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