Marcos Jr. orders emergency palay procurement to aid farmers
Agriculture Secretary Francisco P. Tiu Laurel Jr. said Monday that President Ferdinand Marcos Jr. is poised to issue an executive order for emergency government procurement of palay, aiming to stabilize prices triggered by adverse weather and a bumper harvest—factors that have blunted the impact of the two‑month rice import ban.
BPI to apply P15 InstaPay fee starting next month
The Bank of the Philippine Islands (BPI) is adopting InstaPay for all inter-institution cash-in transactions starting October 1, 2025, in line with a directive from the Bangko Sentral ng Pilipinas (BSP) aimed at improving digital financial services' interoperability and transparency.
PH, Ukraine boost ties amid global tensions
The Philippines and Ukraine committed to strengthening their strategic partnership in response to rising global security threats, including Russia’s ongoing war in Ukraine and China’s aggressive actions in the West Philippine Sea.
MREIT eyes retail expansion, portfolio doubling
MREIT, Inc., the real estate investment trust (REIT) arm of property giant Megaworld Corp., is gearing up to double its gross leasable area (GLA) to 1 million square meters by 2027—this time by integrating retail and mall assets into its predominantly office-based portfolio.
Pure Energy Group acquires 71.68% of Coal Asia for P220.9M
Coal Asia Holdings Corp., a publicly listed mining firm, announced that majority shareholders have agreed to sell a controlling 71.68% stake to a consortium composed of Pure Energy Holdings Corp., Pure Water Corp., and Quadwater Corp. in a deal valued at P220.9 million.
