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MPTC acquiring 35% of Jakarta toll operator

Metro Pacific Tollways Corp. is acquiring a 35-percent stake in a state-owned toll road operator in Jakarta in transactions seen completed this week. 

SMC resurrects previously abandoned, now more environmentally-sensitive PAREX project

The Toll Regulatory Board (TRB) on Sunday said the San Miguel Corp. (SMC) proposal to build an expressway over the Pasig River, reported earlier to have been abandoned, is pushing through after all..

Rebate system allows Aboitiz Power units to push community-boosting programs

SN Aboitiz Power (SNAP) subsidiaries SN Aboitiz Power-Benguet and SN Aboitiz Power-Magat have agreed to set aside a fraction of their sales in the region for community projects pursued by the Regional Development Council-Cordillera Administrative Region (RDC-CAR).

Filinvest launches eighth hotel in Baguio

Filinvest Hospitality Corp., a unit of publicly-listed Filinvest Development Corp., has topped-off its latest hotel development, the P2.7 billion Grafik Hotel Collection at Camp John Hay in Baguio.

Pinoys worry over proliferation of smuggled cigarettes

Majority of Filipinos are aware of the rampant smuggling and illegal sale of cigarette products in the country, with a significant number expressing concerns about the associated health risks, a Pulse Asia survey showed.

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Sari-sari stores, farmers hit by proposed SSB tax

Industry groups are calling on the government to review a proposal to sharply raise excise taxes on sweetened beverages under the ProGRESS Bill, warning it would hurt local sugar farmers, businesses and consumers while raising questions over its real benefits.

New DICT chief bares revamp plan; affordable internet for Filipinos

Newly installed Department of Information and Communications Technology Secretary Robert Joseph M. de Claro is pushing for an organizational restructuring to boost the department’s performance and deliver more effective digital public services to Filipinos.

GCash anniversary offers free MRT rides, P10 meals

GCash is marking its 22nd anniversary with a nationwide promotional campaign offering free MRT-3 rides, P10 chicken meals and prizes worth up to P100,000, as the financial technology platform seeks to reward users through October 31.

$1.5-B ADB loan targets fuel costs, jobs amid crisis

The Philippine government has secured USD1.5 billion in emergency financing from the Asian Development Bank (ADB) to help cushion households, commuters and businesses against rising fuel prices and economic disruptions stemming from the Middle East conflict.
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