The Department of Agriculture (DA) and the Korea International Cooperation Agency (KOICA) have signed two grant agreements totaling USD16 million (₱886 million), marking a significant policy step in advancing sustainable livelihood in the country's agricultural sector.
Jollibee Foods Corp. (JFC), one of the world’s fastest-growing restaurant companies, announced on Monday the divestment of its 30 percent stake in C-Joy Poultry Inc. for ₱33.88 million as part of the strategy to streamline its operations and improve capital efficiency.
Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.
The Philippine Nickel Industry Association (PNIA) has expressed optimism over the upcoming leadership transition at the Department of Environment and Natural Resources (DENR), anticipating policy continuity and regulatory improvements under incoming Secretary Raphael Lotilla.
Lenovo™ has launched ThinkShield Solutions, a new suite of enterprise-grade cybersecurity offerings designed specifically for small and medium-sized businesses (SMBs), schools, and other organizations with limited IT resources. The release marks a significant expansion of Lenovo’s ThinkShield portfolio, targeting sectors increasingly victimized by cyberattacks.
The local currency the peso briefly sank to a record low this week, reflecting sustained weakness in the local currency as the Bangko Sentral ng Pilipinas (BSP) maintains a growth-focused stance. The peso fell to ₱59.13 per U.S. dollar on Tuesday before rebounding to ₱58.72 on Wednesday—its strongest in three months—after remarks from BSP Governor Eli Remolona tempered market concerns.
The Philippine Competition Commission (PCC) has approved Raslag Corp.’s joint venture with Singapore-based Verdant Philippines Alpha Pte. Ltd. for a renewable energy project in Mindoro.
The Asian Development Bank (ADB) confirmed it is in discussions with the Philippine government for a possible loan to enhance the country’s power transmission network.
Home Credit Philippines has teamed up with Puregold Price Club Inc. to launch the Aling Puring Credit Card, its first branded credit card designed for small business owners.