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Number of women in executive positions rising

The number of women holding executive positions in listed firms equals 40 percent of companies but they occupy only functional or support roles, a study conducted by Philippine Women’s Economic Network (PhilWEN) and the Philippine Business Coalition for Women Empowerment showed. 

Security Bank raises P20 billion from fixed-rate bond due 2029; bonds listed on PDEx

Security Bank Corp., the 10th largest lender in the country, said Tuesday it raised P20 billion through the issuance of Fixed-Rate Peso Corporate Bonds due in 2029 that carry an annual interest rate of 6.05 percent.

SMC begins building new Terminal 3 off-ramp at NAIA Expressway

San Miguel Corporation (SMC) on Monday bared plans to spend up to P5 billion to build a new off-ramp at Terminal 3 of the Ninoy Aquino International Airport (NAIA) from the NAIA Expressway to help ease traffic congestion in the area and improve accessibility to the country's main international gateway.

DA completes consultation on movement protocols of healthy pigs from ASF red zones

The Department of Agriculture on Saturday concluded a series of consultations in Calabarzon refining protocols that govern the movement of healthy hogs amid a resurgence of the dreaded African swine fever (ASF), particularly in Batangas.

ACEN, GenZero, Keppel in Transition Credits deal for South Luzon coal plant retirement

ACEN Corp., the renewable energy arm of the Ayala Group., said Monday it has signed a memorandum of understanding with GenZero and Keppel Ltd. to jointly explore transition credits for accelerating the retirement of the South Luzon Thermal Energy Corp. coal-fired power plant in Batangas and replace it with a clean energy dispatch facility.

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LRT-2 taps cashless fares with P1 ride promo 

Commuters on the Light Rail Transit Line 2 (LRT-2) can now leave both cash and stored-value cards at home as the government rolls out a digital fare payment system that allows passengers to pay with contactless bank cards, mobile wallets and QR codes, marking another step toward a fully cashless public transport network.

Employers seek better PhilHealth benefits

The Employers Confederation of the Philippines (ECOP) has backed Executive Secretary Ralph Recto's call for the Philippine Health Insurance Corp. (PhilHealth) to enhance benefit packages for direct contributors, saying workers and employers who consistently pay into the national health insurance system deserve better value and more meaningful protection.

Alex Eala serves up another victory beyond tennis

Fresh from her breakthrough run at Wimbledon, the 21-year-old tennis star stepped into Malacañang on Monday, where President Ferdinand R. Marcos Jr. traded Centre Court for the Palace and presented her with a Presidential Citation, recognizing a young athlete who has become one of the Philippines' brightest sporting ambassadors.

Angat Dam still below target levels despite recent Luzon rains

The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.

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