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DA rejects auction of seized Vietnamese rice, pushes donation to DSWD instead

Agriculture Secretary Francisco P. Tiu Laurel Jr. has firmly opposed plans to auction thousands of metric tons of seized Vietnamese rice, warning the move could let those behind its illegal entry earn from the shipment.

Cebu Pacific first to use new ground equipment at Clark airport

Cebu Pacific has become the first airline to use bridge-mounted equipment or BME at Clark International Airport, a new system that will lower fuel consumption and reduce emissions during ground operations.

BSP warns public over scams impersonating its officials and staff

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudsters falsely presenting themselves as BSP officials or employees. Scammers may send letters, emails, or text messages asking people to deposit or transfer money, claiming the payment is needed to release, recover, or restore funds, or even for charitable causes. Some also show fake BSP identification cards complete with names, photos, and forged signatures to appear credible.

JTI Philippines names Alan Jackson as new GM

JTI Philippines has appointed Alan Jackson as general manager, tapping his international leadership experience as the tobacco company seeks to expand its portfolio, strengthen operations and address illicit trade in the local market.

Puerto Princesa eyes tourism, property investments for growth

Puerto Princesa City is positioning itself for sustained economic growth through major tourism, hospitality and property developments, as investors explore opportunities in Palawan’s expanding visitor economy.

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BIR clears tax compliance hurdle for nationwide e-notarization rollout

The Bureau of Internal Revenue (BIR) has established a mechanism for electronic notaries public to comply with documentary stamp tax (DST) requirements, addressing a key regulatory hurdle in the nationwide rollout of electronic notarization for property and corporate transactions.

 BPI names Ginbee Go to lead bank after Limcaoco

The Bank of the Philippine Islands (BPI) has named consumer banking chief Maria Cristina “Ginbee” L. Go as the incoming president and chief executive officer, the first female to hold the leadership spot in one of the Philippines’ oldest and largest banks.

BPI earns P48.9B as loans, fee income drive growth

The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of 2026, supported by sustained loan expansion, stronger fee-based revenues and continued business activity, while higher operating costs and credit provisions tempered earnings.

ADB warns Philippine farms, infrastructure face rising coastal flood risks

The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.
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