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NLEX logs record toll revenue of ₱6.98B in 1Q 2025

NLEX Corp. reported a 33 percent jump in net income for the first quarter of 2025, reaching ₱3.55 billion, up from ₱2.67 billion in the same period last year.

DA enjoins NFA to ensure rice quality for P20 program

Agriculture Secretary Francisco P. Tiu Laurel Jr. recently met with regional managers and key officials of the National Food Authority (NFA) to ensure the rice sold under President Ferdinand Marcos Jr.’s P20-per-kilo rice program meets high quality standards.

Romualdez secure 240-strong supermajority in House

House Deputy Speaker David “Jay-Jay” Suarez confirmed Saturday that Speaker Martin Romualdez enjoys the backing of over 240 lawmakers—securing a supermajority in the coming 20th Congress.

Child labor number drop in 2024, sets new low

According data from the Philippine Statistics Authority, the number of working children aged 5 to 17 dropped to 863,000 in 2024 from 1.09 million in 2023 and 1.48 million in 2022. This marks a significant milestone in the country’s fight against child labor, bringing figures even lower than the pandemic-era low of 872,300 in 2020.

SMFI reports gains in child nutrition through expanded health initiative

San Miguel Foods Inc. (SMFI) has reported marked improvements in child nutrition under its expanded mother-and-child health initiative, “Happy si Mommy, Malusog si Baby,” now supporting over 1,000 beneficiaries in 24 barangays across the Philippines.

Just in

RCBC pre-provision profit rises 13%, signaling strong core performance amid economic headwinds

Rizal Commercial Banking Corp., led by the Yuchengco group, reported Wednesday that its pre-provision operating profit climbed 13 percent year-on-year to P23.6 billion in the first nine months ending September, driven by healthier interest margins and steady core banking business. This key measure of underlying profitability shows how well the bank’s main operations are performing before setting aside funds to cover potential bad loans—a critical indicator for shareholders tracking long-term earning power.

Spot market electricity prices rise 18.4% in October

Wholesale electricity prices across the Philippines climbed 18.4 percent in October from September levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Ronald McDonald House turns 30, growing from classrooms to hospital care

Thirty years ago, Ronald McDonald House Philippines began helping Filipino children get an early start in learning. Today, its idea of caring for children has grown beyond the classroom to include a place where parents can catch their breath while their little ones receive medical care.

Specialized tech jobs offer salaries of up to P158,000 monthly

Specialized technology professionals can command monthly salaries of up to P158,000 in the Philippines, as companies compete for workers with hard-to-find skills amid expanding digital operations and artificial intelligence adoption, according to Jobstreet by SEEK.
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