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The National Food Authority (NFA) on Monday announced a P10 billion modernization initiative aimed at enhancing the country's rice storage and milling capabilities. The program, funded via government allocation, seeks to increase storage capacity, improve rice milling processes, and support farmer profitability.

The Bureau of Customs (BOC) on Monday announced the seizure of P29 million worth of suspected marijuana and kush oil concealed in balikbayan boxes at the Manila International Container Port (MICP). The boxes, which arrived from Canada, were declared to contain used household goods and personal effects, and consigned to a residence in General Trias, Cavite. Customs Commissioner Bien Rubio condemned the use of balikbayan boxes for smuggling illegal drugs, emphasizing how it tarnishes a Filipino tradition of sending gifts to loved ones abroad. "Using them for something illegal is an insult to our hardworking OFWs and their families," Rubio remarked.

PLDT Enterprise has renewed its strategic partnership with Coca-Cola Europacific Aboitiz Philippines (CCEAP), underscoring a shared commitment to enhancing operational efficiency and driving sustainable growth across the beverage giant’s nationwide operations.

The Power Sector Assets and Liabilities Management Corp. (PSALM) confirmed on Monday the receipt of a P8.76 million as payment from the local government of Naga City, Cebu, for the acquisition of a 466-square-meter property in the province.

Conglomerate Ayala Corporation has earned an A minus (A-) rating from the Japan Credit Rating Agency Ltd. (JCR) for its inaugural long-term foreign currency debt sale, the company said on Monday. The rating, which aligns with the Philippine sovereign rating, will significantly improve Ayala's access to yen-denominated loans, providing more favorable borrowing terms for its growth initiatives.