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Tiger Resort divests from Asiabest; shares market value P5.24B

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Asiabest Group International Inc., formerly AGP Industrial Corp., announced on Friday that its majority shareholder, Tiger Resort Asia Ltd., has fully divested its stake in the company.

Senator Gatchalian: P88B tax lost due to fake PWD IDs

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Senator Sherwin Gatchalian said fake PWD cards cost the government P88 billion tax revenues last year. The chair of the Senate Ways and Means...

DA-BSWM unveils Mobile Soil Lab to aid farmers

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The Department of Agriculture-Bureau of Soils and Water Management (DA-BSWM) launched its first mobile soil laboratory (MSL) on Friday at Malacañang Palace. President Ferdinand Marcos, Jr. led the event, underscoring his administration’s focus on agriculture.

Philex decides to extend Padcal Mine life to 2028

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Philex Mining Corp., one of the oldest and largest gold and copper producers in the Southeast Asia, said it will again extend the life of its Padcal Mine through 2028.

Philippine employment data reveal mixed trends; Oct rate at 3.9%

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The unemployment rate eased to 3.9 percent in October 2024 from 4.2 percent in the same month last year, with the number of jobless Filipinos declining to 1.97 million from 2.09 million.
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Subic EnerZone upgrading grid as Freeport demand rises

Energy & Mining 0
Subic EnerZone Corp., the AboitizPower-led electricity distributor at the Subic Bay Freeport Zone, is preparing network upgrades to accommodate rising power demand as the economic hub expands, following a 25-year extension of its partnership with the Subic Bay Metropolitan Authority (SBMA).

DA urges OFWs to explore agribusiness as extra or long-term income 

Agriculture 0
The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.

Marcos vows to defend peso as oil-driven inflation pressures economy

Economy 0
President Ferdinand Marcos Jr. has vowed to use the government’s available foreign exchange reserves and policy tools to defend the peso against further depreciation, while acknowledging that surging oil prices and supply-side constraints continue to fuel inflation.

Palawan Group, RFC widen loan access via new partnerships

Finance 0
The Palawan Group of Companies (PGC) and Radiowealth Finance Company (RFC) are expanding their partnership to simplify loan disbursements and repayments, combining branch-based services with digital payments to reach more Filipino borrowers.
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