RCBC to offer fixed-rate peso bonds for growth, sustainability
Rizal Commercial Banking Corp. (RCBC), the country’s sixth largest lender, has announced plans to issue fixed-rate peso-denominated bonds under its updated P200 billion bond and commercial paper program. This move signals the bank’s commitment to enhancing its capital structure and supporting strategic initiatives.
Agri chief submits courtesy resignation, cites support for Cabinet revamp
Agriculture Secretary Francisco P. Tiu Laurel Jr. confirmed on Thursday that he has submitted his courtesy resignation in response to President Ferdinand Marcos Jr. 's directive for a Cabinet revamp, following the outcome of the recent midterm elections.
President Marcos initiates Cabinet revamp
President Ferdinand Marcos Jr. has requested the courtesy resignation of all Cabinet members following the midterm election setback.
Gov’t eyes bigger rice buffer, ₱27-B NFA budget for 2026
The National Food Authority (NFA) is proposing a ₱27-billion budget for 2025 to scale up domestic palay procurement and meet its 15-day mandated rice buffer stock, equivalent to 900,000 metric tons. NFA administrator Larry Lacson announced the proposal on Wednesday, emphasizing its importance for national food security and supporting local farmers.
Sugar yields at risk as pest spreads in Negros
The Sugar Regulatory Administration (SRA) has sounded the alarm over a growing infestation of red-striped soft scale insects (RSSI) in Northern Negros Occidental, warning of potential commercial disruption and calling for urgent policy intervention to contain the threat.
