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Phinma cementing forces with Floirendo group 

Philcement Corp., a unit of Phinma Corp., on Tuesday joined forces with the Floirendo-led management and investment company ANFLOCOR in building a modern cement manufacturing plant in Davao del Norte. 

Malacanang seen acting decisively on MB members ostensibly hiring ghost employees

The Office of the President is certain to act quickly on the matter involving the hiring and subsequent resignation of absentee Bangko Sentral ng Pilipinas (BSP) employees ostensibly hired by members of the policy-making, seven-member Monetary Board.

Inflation averaging 4% in 2024 doable

Bangko Sentral ng Pilipinas governor Eli Remolona on Tuesday said inflation, or the rate of change in prices, averaging lower than the ceiling of 4 percent this year is achievable.

WESM rates 19 percent more expensive in May

The cost of power sold at the Wholesale Electricity Spot Market (WESM) has proven more expensive in May, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

DA seeks DOH help in assessing animal vaccines, biologics

The Department of Agriculture (DA) and the Department of Health (DOH), including their respective agencies as the Bureau of Animal Industry (BAI) and the Food and Drug Administration (FDA), have agreed to allow the BAI to help the FDA assess animal vaccines and biologics.

Just in

BIR September collection hits P203.58B, up 11%

The Bureau of Internal Revenue (BIR) said tax collection in September reached P203.58 billion, an 11 percent increase from the P183.53 billion generated in the same month last year.

BSP, global partners hold 6th International Research Fair in Cebu

The Bangko Sentral ng Pilipinas (BSP), together with the Reinventing Bretton Woods Committee, staged the 6th International Research Fair on October 6–7, 2026, bringing together top experts and policymakers from around the world to tackle key issues shaping today’s evolving economic landscape.

PCC imposes record ₱1.76-B fine on onion cartel

The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).

Taway wins new term to advance ₱30-B APECO investments

Aurora Pacific Economic Zone and Freeport Authority (APECO) chief executive Gil G. Taway IV has secured another three-year term, with the agency under pressure to turn its P30-billion investment pipeline into operating projects, new jobs and infrastructure in Aurora province.
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