Metro Pacific Investments Corp. (MPIC) has decided against resubmitting its unsolicited bid to rehabilitate, operate, and maintain the MRT3 system, citing the lack of government support for fare increases. MPIC chairman Manuel V. Pangilinan explained the absence of approved tariffs makes it unlikely for the business to move forward with the proposal, saying the current situation is “difficult.”
The National Food Authority (NFA) has resumed palay procurement in Bulacan after clearing out space in its warehouses, carrying out President Ferdinand Marcos Jr.’s directive to purchase as much as possible to bolsters farmers’ income and build up the grain reserves needed to sustain the P20 per kilo rice program.
The Philippines underscored its commitment to innovation-driven agriculture at InnoVEX 2025, Asia’s premier startup platform, with the Department of Agriculture–Agribusiness and Marketing Assistance Service (DA-AMAS) leading a delegation that spotlighted youth-led, high-tech agri ventures.
The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
As the Senate prepares for the impeachment proceedings against Vice President Sara Duterte, experts are emphasizing the vital role of accountability in sustaining political stability and public trust in the Philippines.