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DA names BFAR OIC after Ombudsman dismisses former chief

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Wednesday appointed Isidro Velayo, Jr. as officer-in-charge of the Bureau of Fisheries and Aquatic Resources (BFAR) after receiving an Ombudsman order dismissing BFAR director Demosthenes Escoto.

Fruitas Holdings completes P200 million private placement

Corporate Context.ph Context.ph -
Fruitas Holdings Inc., a listed operator of multi-format food and beverage stores, has successfully completed a maiden private placement of corporate notes that raised P200 million for working capital and other corporate purposes.

New rules let go of securities brokers minimum commission

Corporate Context.ph Context.ph -
The Securities and Exchange Commission has removed the minimum amount of commissions that stockbrokers charge their customers as part of efforts to perk up the stock market.

Filreit rejects asset acquisition at this time when stock prices have yet to improve

Corporate Context.ph Context.ph -
Filinvest REIT Corp., the real estate investment trust of the Gotianun group, on Wednesday ruled out acquiring more assets at this time when the equities market has yet to recover and stock prices have yet to improve.

SPNEC under MVP in 2023 posted profits reaching P5.7 billion

Energy & Mining Context.ph Context.ph -
SP New Energy Corp. (SPNEC), the listed renewable energy company now chaired by Manuel V. Pangilinan, reported net income of P5.7 billion in 2023.
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Asia-Pacific firms accelerate supply chain shifts as tariffs mount — Citi

Economy 0
Asia-Pacific companies are facing growing pressure to relocate supply chains as tariffs reshape global trade, while businesses worldwide are placing greater emphasis on unlocking cash tied up in operations, according to a new report by Citi Institute.

BPI wins honors at Alpha Southeast Asia Awards 2026

Corporate Bulletins 0
The Bank of the Philippine Islands (BPI) earned eight top awards at the Alpha Southeast Asia Awards 2026, one of the region’s most prestigious financial honors.

FedEx’s $100-million Clark expansion to boost Philippine exports

Trade & Investments 0
FedEx’s planned USD100-million expansion of its Clark Gateway Hub in Pampanga is expected to strengthen the Philippines’ air cargo network, create jobs and improve exporters’ access to international markets as the country seeks to expand its role in global trade.

BIR tightens tax collection oversight in electricity spot market

Economy 0
The Bureau of Internal Revenue (BIR) has tightened tax collection oversight in the Wholesale Electricity Spot Market (WESM), assigning the market operator direct responsibility for withholding and remitting taxes on electricity transactions in a move aimed at improving compliance and accountability.
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