Severe Tropical Storm (STS) Kristine has caused an estimated P3.4 billion in damage to the agricultural sector, a nine percent increase from last Sunday’s figures, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.
The Bangko Sentral ng Pilipinas on Tuesday expressed optimism the Philippines could soon exit from the Financial Action Task Force’s grey list, following a recent statement from the international watchdog recognizing the country’s reforms in anti-money laundering and counter-terrorism financing initiatives.
The Manila Electric Co. (Meralco) has indicated that consumers could receive refunds totaling P16 billion should the Energy Regulatory Commission (ERC) allow a rate reset of the company's fifth regulatory period (5RP).
MORE Electric and Power Corp. (MORE Power) has successfully connected its underground distribution system (UDS), marking a significant milestone in the company’s initiative to modernize Iloilo City’s power infrastructure.
Truck operators transporting agricultural products have until October 31 to apply for a 5 percent toll discount across expressways managed by SMC Tollways. The price relief program, which runs from November 1 to 30, aims to lower farm-to-market delivery costs amidst rising fuel prices.
Globe and the National Privacy Commission (NPC) have renewed their partnership to strengthen data privacy and digital safety across the Philippines. By extending their Memorandum of Understanding, both entities aim to empower young Filipinos to navigate an increasingly complex online landscape safely, particularly as artificial intelligence and other emerging technologies transform daily communication and learning.
The Ninoy Aquino International Airport (NAIA) is bracing for a major holiday rush, with up to 1.25 million air passengers expected to travel during the upcoming Undas observance.
The Bangko Sentral ng Pilipinas has denied central bank registration to five entities found operating as money service businesses without prior authorization. Under strict regulatory measures, the Monetary Board declared the five establishments disqualified from registering or legally operating in the country.