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Asia feels the sting of India’s onion export ban

India's ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year.

Chinabank expands RippleNet partners with DeeMoney  

Chinabank has broadened its global remittance tie-ups to serve Filipinos anywhere in the world using the RippleNet platform.

First Gen secures third LNG tender

First Gen Corp. has awarded Total Energies Gas and Power Asia Private Ltd. (TEGPA) a contract to supply one liquefied natural gas (LNG) cargo of approximately 154,500 cubic meters for delivery in early February next year.

NTC suspends SMNI broadcast privileges for 30 days

The National Telecommunications Commission (NTC) has issued an order suspending the operations of Sonshine Media Network International  (SMNI) for 30 days due to alleged violation of its franchise. 

NLEX taps BPI for P10 billion

NLEX Corp. has obtained a P10 billion term loan from the Bank of the Philippine Islands (BPI) to fund ongoing as well as future projects.

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DA proposes expanded corn import quota to stabilize costs, food prices

The Department of Agriculture (DA) aims to raise the country’s corn minimum access volume (MAV) to 500,000 metric tons (MT), more than doubling the current 216,940 MT.

General Santos International Airport resumes commercial flights June 15

Commercial flights at General Santos International Airport will resume tomorrow, June 15, 2026, following quick repairs done after the strong earthquake that struck the area on June 8, the Department of Transportation (DOTr) announced.

Fuel price adjustments seen mixed this week amid Strait of Hormuz tensions

Fuel prices will see mixed adjustments again this week, driven by shifting global oil prices tied to tensions in the Middle East, according to a local fuel retailer.

MPTC first-quarter net income down 3% despite higher revenue

Metro Pacific Tollways Corp. (MPTC) reported a 3 percent drop in net income for the first quarter of 2026, totaling ₱2.25 billion from ₱2.32 billion a year earlier, due to rising costs and expenses.

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