The Department of Agriculture (DA) will maintain the maximum suggested retail price (MSRP) of P43 per kilo for imported rice during the two-month rice import suspension set for September and October.
The Asian Development Bank (ADB) has appointed Andrew Jeffries as its new Country Director for the Philippines. He assumes his new role on Monday, August 18.
Listed real estate firm Arthaland Corp. announced that its newly established subsidiary, Furusato Land Corp., has acquired a significant stake in 14 parcels of land in Cebu City.
The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
Mobile services provider Smart Communications, Inc. is strengthening its support for Philippine sports by livestreaming top volleyball and basketball events through PusoP.com, a free digital platform for local and international sports.
MediaTek has announced the successful tape-out of its next-generation flagship system-on-chip (SoC) using TSMC’s enhanced N2P 2nm process, becoming one of the first companies to do so. The chip is expected to enter volume production by late 2026.
The Philippine economy is gaining momentum as robust growth and record-low inflation in Q2 2025 create favorable conditions for credit expansion, according to research from global insights firm and credit reference agency TransUnion.
Hundreds of San Miguel Corp. (SMC) employee-volunteers are set to participate in coastal cleanup drives at 15 sites across the country today in observance of International Coastal Cleanup Day. The activity is part of the company’s continuing environmental efforts and also marks its 135th anniversary.