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Farm group seeks RCEF benefits extension, repurposed NFA

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) urges government to amend the Rice Tariffication Law (RTL) and extend the life of the Rice Competitiveness Enhancement Fund (RCEF) past the five years dictated by legislation.

MPTC eyes raising P45 billion from syndicate of banks

Metro Pacific Tollways Corp. (MPTC) is in negotiations with a syndicate of local and foreign banks to raise at least P45 billion as part of a larger plan to reduce its debt. 

Bataan-Cavite Interlink Bridge set to begin next year

The Department of Public Works and Highways (DPWH) expects to start the construction of the Bataan-Cavite Interlink Bridge (BCIB) project by 2024.

DA wants to boost coconut industry productivity to benefit millions of farmers

The Department of Agriculture (DA) is looking at massive coconut planting and replanting to boost production of a sector that accounts for more than a third of the country’s agricultural exports and source of livelihood for millions of Filipinos.

China’s fast-fashion retailer Shein files for US IPO – sources

China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.

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GCash cracks down on QR scams, gambling networks

GCash has stepped up its campaign against digital fraud, shutting down more than 6,700 fraudulent merchant accounts and illegal gambling sites linked to the country's QRPh payment system as online scammers adopt increasingly sophisticated tactics to target consumers.

Japan backs new BARMM aquaculture and halal feed mill project

The Government of Japan and the United Nations Food and Agriculture Organization (FAO) have launched a new aquaculture initiative in the Bangsamoro region to boost local livelihoods, curb fish production losses, and help rehabilitate inmates.

SM Investments earns top ESG, governance honors in regional survey

SM Investments Corporation (SMIC), parent of the SM Group, has been recognized in Alpha Southeast Asia’s 16th Annual Poll of Southeast Asia's Top Companies as the Philippines’ Best in Strategic CSR & ESG Reporting.

DOE pauses GEA-5 offshore wind auction 

The Department of Energy (DOE) has suspended all activities for the fifth Green Energy Auction (GEA-5), which was set to award incentives for up to 3,300 megawatts of fixed-bottom offshore wind capacity.

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