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NPC proposes P5B sovereign guaranteed credit line for SPUG

Energy officials look to the local debt market for relief and find a P5 billion credit line quickly to underwrite the financing requirements of the Small Power Utilities Group (SPUG) operated by the National Power Corporation (NPC).

BFAR assures sufficient fish supply as Lenten Week approaches

The Bureau of Fisheries and Aquatic Resources (BFAR) on Thursday assured the public of adequate fish supply as the approaching Lenten holidays typically boosts demand and cause prices to spike.

Farmer groups blast subsidized rice in Kadiwa stores

Industry stakeholders on Thursday said government efforts to sell rice at P25 per kilo through state-run Kadiwa rolling stores might be long on intention but warned that such are unsustainable in the long run.

Aboitiz Group to spend P78 billion in capex for the year

Aboitiz Equity Ventures Inc. has boosted its capital expenditures this year by 10 percent to P78 billion from P70 billion last year. 

UnionBank pegs 2023 capex at P5B

Union Bank of the Philippines of the Aboitiz Group has set aside P5 billion as capital expenditures this year.

Just in

Price Council backs DA-proposed temporary price cap on imported rice

The National Price Coordinating Council NPCC has endorsed the imposition of a P50 per kilo price ceiling on imported rice as surging global oil prices driven by ongoing geopolitical tensions in the Middle East continue to push up food costs in the Philippines.

World Bank $1B financing targets Philippine farm transformation

At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

MPTC activates Holy Week traffic plan nationwide

Metro Pacific Tollways Corp. (MPTC) is rolling out its “Biyaheng Arangkada” motorist assistance program from March 27 to April 6, 2026, bracing for the annual Holy Week travel surge.

RCBC, SSS launch digital loan access push

Rizal Commercial Banking Corp, (RCBC), the banking unit of the Yuchengco Group, and the state-owned pension fund Social Security System (SSS) are rolling out a new digital microloan offering aimed at expanding access to affordable credit while curbing reliance on informal lenders.
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