Tag: Bangko Sentral ng Pilipinas

Pole line hardware manufacturer Jocelyn Forge, Inc. (JFI) has signed a retail electricity supply agreement with COREnergy, seeking lower power costs and a more reliable energy supply as manufacturers increasingly turn to competitive electricity sourcing to improve efficiency and protect margins.

Chinese automaker GAC International Philippines has joined the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), strengthening its role in shaping industry policies as it accelerates its expansion in one of Southeast Asia's fastest-growing automotive markets.

The Department of Finance (DOF) sought to dispel concerns over the newly enacted Real Property Valuation and Assessment Reform Act (RPVARA), saying the measure does not automatically raise property taxes and instead gives local governments wide latitude to cushion any impact on taxpayers.

President Ferdinand R. Marcos Jr. has appointed Philippine Orthopedic Center chief Dr. Jose Brittanio Pujalte Jr. as health secretary following the resignation of Dr. Teodoro "Ted" Herbosa, who stepped down for health reasons, Malacañang announced Monday. Palace Press Officer Claire Castro said Herbosa recently underwent a medical procedure and is expected to spend three to four months in rehabilitation. Herbosa had served as Department of Health chief since June 2023. Pujalte, an orthopedic surgeon and veteran public health administrator, has led the Philippine Orthopedic Center since 2014 and has more than three decades of government service. (Marjohara Tucay)