The National Food Authority (NFA) is proposing a ₱27-billion budget for 2025 to scale up domestic palay procurement and meet its 15-day mandated rice buffer stock, equivalent to 900,000 metric tons. NFA administrator Larry Lacson announced the proposal on Wednesday, emphasizing its importance for national food security and supporting local farmers.
The Sugar Regulatory Administration (SRA) has sounded the alarm over a growing infestation of red-striped soft scale insects (RSSI) in Northern Negros Occidental, warning of potential commercial disruption and calling for urgent policy intervention to contain the threat.
AirAsia Philippines on Wednesday reported carrying nearly 3 million passengers across its domestic and international routes thus far this year, buoyed by a robust 85 percent load factor.
GMA Network Inc. solidified its position as the country's leading media company in 2024, dominating both broadcast and digital platforms, according to performance data presented at its annual stockholders’ meeting.
Filinvest Land Inc. (FLI) has officially begun handing over completed units at its Futura Monte development in Naga City, a key milestone for the firm’s regional expansion. The ceremonial turnover for Building A was held recently at the project’s clubhouse, with qualified buyers now receiving their units. FLI officials said the handover reaffirms the company’s commitment to delivering quality homes in well-connected communities, with succeeding turnovers to follow as more units become ready for occupancy.
Tessie Sy-Coson was just eight when she became a shoe salesgirl during the Christmas rush. Her small frame may have made her an unlikely salesperson, but the experience taught her an early lesson about business: everyone has something to contribute.
Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), has entered a strategic partnership with global renewable energy developer Vena Global Group Pte. Ltd. to invest in a 2,800-megawatt portfolio of renewable energy projects spanning Indonesia and the Philippines, the firms announced Wednesday.
For a small-business owner trying to restock shelves, pay suppliers or seize a sudden sales opportunity, waiting weeks for a loan decision can mean missing the moment. Ginbee Go, incoming president and chief executive officer of Bank of the Philippine Islands (BPI), wants to make getting credit less of an exercise in patience.