BSP, AMA Rural Bank reach settlement as claims process continues
The Bangko Sentral ng Pilipinas (BSP) and AMA Rural Bank of Mandaluyong, Inc. (AMA Bank) have reached a full and amicable settlement to resolve all disputes, aimed at protecting the interests of the bank’s depositors and clients. The regulator and subject have agreed to formalize the settlement through a compromise agreement.
EDSA Busway lanes reopen after repairs
The Department of Transportation (DOTr) said Monday that the EDSA busway lanes between Roxas Boulevard and Orense are now fully open after repair works were completed.
PCC launches online portal, easing anti-competition complaints
The Philippine Competition Commission (PCC) is making it easier for citizens to report potential anti-competitive practices with the launch of its online case reporting system.
President Marcos signs 2026 budget law, vetos unprogrammed items
President Ferdinand R. Marcos Jr. signed into law the P6.793-trillion 2026 General Appropriations Act (GAA), putting a firm stamp on a spending plan that prioritizes education, health care, and agriculture—while drawing clear boundaries against discretionary excess.
Del Monte cashes In on Sundrop
Del Monte Pacific Ltd. (DMPL) has completed the first phase of its planned exit from Indian food company Sundrop Brands Ltd., locking in fresh proceeds while advancing a broader portfolio rationalization strategy.
