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Changing consumer preference, smuggling set tobacco manufacturer teeth on edge

Changing consumption patterns and smuggling have set the collective teeth of the Philippine Tobacco Growers Association (PTGA) and the National Federation of Tobacco Farmers...

Expanding mobile, broadband subscribers seen doubling DITO 2024 revenue

DITO Telecommunity is sanguine about the doubling of its revenue generation this year on the basis of its expanding mobile and broadband customer base. It also anticipates finally turning in profits the following year.

Afni expands operations in PH with new site in Santa Rosa, Laguna

Afni, a leading US-based business process outsourcing (BPO) firm, marked a significant company milestone with the opening of its newest site in Laguna. It is its third office in the Philippines and the first located outside of Metro Manila.

Malacanang appoints 2 DA undersecretaries, other key officials

Malacanang released a slew of appointments for the Department of Agriculture, including two undersecretaries and two more assistant secretaries. 

DA turns-over more than P75M in aid, farm equipment to Bicol farmers

As part of the national government's continuing support to Bicolano farmers, Agriculture Secretary Francisco P. Tiu Laurel, Jr. led the distribution of more than P75.03 million worth of financial aid and farm equipment in Pili, Camarines Sur on Friday. 

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ADB offers $500M emergency funding as El Niño risks loom

The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.

PITX plans smart transport hub network as terminal nears capacity

From a once-contested solution to Metro Manila’s provincial bus congestion, PITX is positioning itself for a bigger role in the country’s transport system as passenger traffic approaches its design capacity.

Marcos confirms Aguda resignation, rules out Dizon transfer 

President Ferdinand Marcos Jr. has confirmed accepting the resignation of Information and Communications Technology Secretary Henry Aguda, while ruling out for now the possible transfer of Public Works Secretary Vince Dizon back to the Department of Transportation (DOTr).

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.
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