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DA chief assures stable rice supply in 1H, helped by harvest, imports

Agriculture Secretary Francisco P. Tiu Laurel, Jr. assured the public Thursday that the country’s rice supply is sufficient through the first half of this year, with recent imports and the upcoming harvest that peaks in March and April, ensuring stable price of the country’s main food staple through June in spite of El Nino.

Tokai eyes further 10% stake in Repower Energy; may trigger tender offer

Repower Energy Development Corp. said Thursday that Japanese firm Tokai Corp. has expressed the intention to acquire another 10 percent of the listed renewable energy company.

Globe changes dividend policy; may declare up to 90% of core profit

Globe Telecom Inc. said it widened the range of prior year’s core net income that it could declare as dividend to shareholders, signaling a significant reduction in capital expenditure spending in the coming years.

Philippines jobless rate ease to 3.1% in December; services lead the way

Unemployment rate in the country eased to 3.1 percent in December, its lowest rate in 2023.

GSIS non-life insurance premiums reach P9.8 B in 2023

The Government Service Insurance System reported P9.8 billion in gross premiums written (GPW) by its non-life insurance business in 2023, a record high in the history of the GSIS.

Just in

Filipino investors broaden global exposure as BPI Wealth grows

Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).

Nestlé, Puregold turn sachets into store displays

Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.

AboitizPower earns ASEAN recognition for energy sector contributions

Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.
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