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Alas Pilipinas shocks Kazakhstan, advances to semis 

Alas Pilipinas lit up the court in Vietnam with a fireworks display of their own on Philippine Independence Day, stunning previously undefeated Kazakhstan in...

DA chief backs gradual, well-timed rice tariff hike

Agriculture Secretary Francisco P. Tiu Laurel Jr. told Congress on Wednesday that the Department of Agriculture (DA) has recommended to the Tariff Commission that any future increase in the rice import duty—from the current 15 percent back to the previous 35 percent—be implemented gradually and timed strategically to minimize its impact on both local and global markets.

Philippines lifts import ban on bird, poultry products from Belgium

The Department of Agriculture (DA) has lifted a temporary ban on the importation of domestic and wild birds, including poultry products, from Belgium, following confirmation that the recent avian flu outbreak has been fully contained.

Market rebounds but remains cautious amid global uncertainty

The Philippine Stock Exchange index (PSEi) ended May at 6,341, marking a 9 percent rebound from its 7 April low but still registering a 3 percent decline year-to-date, the securities unit of the Bank of the Philippine Islands said in a research note Thursday.

ASEAN+ leads in hybrid AI infrastructure adoption, Lenovo study finds 

The ASEAN+ markets are outpacing Asia Pacific (AP) peers in hybrid infrastructure adoption for AI workloads, with 68 percent of organizations favoring on-premise or hybrid setups, according to Lenovo’s latest CIO Playbook 2025: It’s Time for AI-nomics, developed in partnership with IDC. The uptake, the study finds, reflects the region’s drive for secure, low-latency AI operations, particularly in fast-digitizing economies like the Philippines.

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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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