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DA purging data distinguishing farm owners from farm hands

The Department of Agriculture (DA) on Tuesday declared its Registry System for Basic Sectors in Agriculture (RSBSA) program as delayed and vowed to mobilize 16,000 of its staff nationwide to fast-track the collection, updating and validation of stakeholders' personal and farm data.

CREC sets P13-B IPO in March

The Philippine Stock Exchange Inc. on Thursday approved the P13 billion initial public offering of Citicore Renewable Energy Corp. (CREC), a pure-play renewable energy producer in the Philippines. 

TV5 Network unit RPTV begins broadcast on channel left by CNN Ph

TV5 Network Inc. has partnered with the owners of Radio Philippines Network Inc. to launch RPTV, the newest free-to-air channel offering sports, news and entertainment in the country . 

Meralco subsidiary pursuing 67.75 MW solar projects in Luzon

Meralco PowerGen Corp. (MGen) renewable energy arm MGen Renewable Energy Inc. (MGreen) has awarded engineering, procurement and construction contracts to SUMEC Complete Equipment and Engineering Co. Ltd. to build its solar power plants in Luzon.

BPI targets opening 50 “phygital” bank branches within the year

The Bank of the Philippine Islands (BPI) targets opening within the year 2.5 times more phygital bank branches than it has at the moment as part of the larger goal of meeting the requirements of its digital clients.

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SEC approves San Miguel’s P30 billion preferred share offering

The Securities and Exchange Commission (SEC) has given the green light to San Miguel Corporation’s follow-on offering of preferred shares, valued at up to P30 billion.

SEC lifts ban on new online lending platforms starting August 1 

The Securities and Exchange Commission (SEC) will lift the moratorium on new online lending platforms on August 1, 2026, bringing an end to the restriction first imposed on November 5, 2021, after over four years. Alongside this, the SEC is implementing strict new standards safeguarding consumers and curbing unfair lending practices. The guidelines are outlined in Memorandum Circular No. 20, Series of 2026, and apply to all existing, newly registered, and prospective financing and lending companies that use mobile apps, websites, or other digital systems to extend credit to the public.

Pag-IBIG cuts housing loan rates, raises borrowing cap 

The government is making homeownership more affordable after the...

DBCC cuts medium-term growth goals, keeps long-term targets

The government has lowered its medium-term economic and fiscal targets, adopting a more cautious outlook as global uncertainty, persistent inflation, and climate risks weigh on the Philippine economy, while reaffirming its commitment to long-term growth and fiscal stability.

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