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Smuggled vehicles declared as car parts seized

The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.

False resort claims land Calata executives ₱4M fine each

The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).

Gov’t steps up support amid PUV amortization woes

The Department of Transportation (DOTr) is ramping up assistance for transport cooperatives that have modernized their public utility vehicle (PUV) fleets, emphasizing continued support for those struggling with bank amortization. This develops following President Ferdinand Marcos Jr.'s directive to ensure that financial issues do not derail the PUV modernization program.

DPWH launches real-time infra oversight app

The Department of Public Works and Highways (DPWH) is streamlining infrastructure oversight with its new Fortified Operations and Maintenance Geospatial Survey (OMGS) mobile application—an innovation hailed for its policy impact on public infrastructure management.

Minor van incident at NAIA spurs safety measures review

A minor vehicular incident involving a Toyota Hi-Ace Super Grandia at NAIA Terminal 2 last Friday has prompted The New NAIA Infrastructure Corp. (NNIC) to expand safety improvements across the airport complex, despite no reported injuries or damage.

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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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