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PH pushes for fair rules in global ocean treaty talks

The Philippines has called for robust, transparent, and inclusive governance mechanisms in the implementation of a landmark global ocean treaty, citing its economic and environmental significance, particularly for archipelagic and developing states.

CIMB resolves unauthorized transfers as BSP ensures oversight and consumer protection

CIMB Bank Philippines reported having fully resolved an incident involving unauthorized fund transfers that occurred on the night of 26 April, with all affected customers now reimbursed, the bank announced on Sunday.

Bridge upgrades to boost commuter safety, ease in Metro Manila

A major infrastructure upgrade aimed at improving commuter safety and reducing traffic disruption is set to begin as JFE Engineering Corp. and First Balfour Inc. join forces for a ₱7.7-billion seismic strengthening project on two of Metro Manila’s oldest and busiest bridges.

Tobacco firms laud P83.7-M smuggling bust

Major players in the tobacco industry have expressed relief and gratitude following the Bureau of Customs’ (BOC) successful seizure of P83.7 million worth of smuggled cigarettes in a warehouse raid in Barangay Batia, Bocaue, Bulacan.

DOTr orders airlines to ensure proper passport checks, protect passenger rights

The Department of Transportation (DOTr) has directed all domestic and international airlines operating in the Philippines to exercise greater responsibility in passport checks, emphasizing that the authority to inspect travel documents must not be abused.

Just in

Pax Silica hub agreement still targeted for yearend signing

The Philippines remains hopeful of signing the master agreement for the proposed Pax Silica advanced manufacturing hub before yearend, with negotiations progressing and no major substantive issues threatening a deal, Trade Undersecretary Ceferino Rodolfo said.

Foreign direct investments drop to $4.8 billion in first eight months of 2026

Foreign direct investment (FDI) into the Philippines recorded a net inflow of $4.8 billion during the first eight months of 2026, dropping from the $5.9 billion registered in the same period last year, the Bangko Sentral ng Pilipinas (BSP) on Tuesday reported.

EcoSolar’s 22.5MW Capiz battery storage facility starts testing, to boost Visayas power supply

Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.

GSIS sets aside ₱2.75-B emergency loans for 109K members, pensioners in calamity zones

The Government Service Insurance System (GSIS) has allocated ₱2.75 billion in emergency lending to assist over 109,000 active members and old-age and disability pensioners living in areas hit by crop pest infestations, rising dengue infections, and the El Niño dry spell.
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