Thursday, 03 July 2025, 9:07 pm

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    Filinvest sugar mill hits historic 1MT milestone

    Filinvest Group’s Cotabato Sugar Central Co., Inc. has achieved a historic breakthrough, processing over one million metric tons of sugarcane this milling season—the first time in more than two decades and 42% above target.

    Iconic hotels return as tourist arrivals hit 2.9M

    The real estate market maintained its growth momentum in the first half of 2025, bolstered in part by a resurgence in tourism and strong demand across the office, industrial, and residential sectors, according to Santos Knight Frank’s latest market report.

    Lenovo taps NVIDIA, Intel & IBM to power next-gen AI factories

    Lenovo has announced a major expansion of its Hybrid AI Advantage™ portfolio, introducing new services, industry solutions, and validated hybrid AI platforms designed to help enterprises build and scale AI “factories” across modern IT environments. This positions Lenovo as a critical enabler in the growing enterprise AI market, as corporate AI budgets are projected to reach nearly 20 percent of total IT spending by 2025.

    Tiu Laurel: ‘We will pursue smugglers relentlessly’

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has called on the Bureau of Customs (BOC) to suspend the release of 59 container vans that...

    U.S. slaps 20% tariff on Vietnam under reciprocal trade push

    The United States will impose a 20 percent tariff on Vietnamese imports under a new trade agreement, down from an initially planned 46 percent rate set to take effect next week.

    Just in

    Outstanding government debt up slightly in May

    The outstanding debt of the Philippine government rose to P16.92 trillion at the end of May 2025, up nearly 1 percent from April, according to the Bureau of the Treasury (BTr). Despite the increase, the agency described the debt level as “manageable,” citing steady market confidence and prudent borrowing strategies.

    MGB flags 4,182 barangays prone to floods, landslides

    The Mines and Geosciences Bureau (MGB) on Thursday flagged 4,182 barangays across the Philippines as highly susceptible to landslides and flooding, citing the combined threats of a low pressure area (LPA) and the intensifying southwest monsoon (habagat).

    Pilmico, LGU back Iligan farmers with new drying facility

    Aboitiz Foods' agribusiness arm Pilmico has partnered with the Iligan City government to establish a corn drying facility aimed at boosting post-harvest efficiency for yellow corn farmers in the region.

    Meralco sees stronger 2H sales on construction sector rebound

    The Manila Electric Co. (Meralco) expects a boost in energy sales in the second half of 2025, driven by rising demand from the construction sector and related commercial activities.
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