Thursday, 12 June 2025, 7:21 am

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    Korea aids Ph’s rice supply chain

    Korean and Philippine state agencies and corporations recently started construction on a new rice seed processing facility and warehouse with cold storage, marking a significant step in strengthening bilateral ties. 

    DMCI Holdings earnings plunge on normalizing coal, nickel price

    Normalizing coal and nickel prices undermined earnings of DMCI Holdings Inc., sending the nine-month net income of the diversified engineering conglomerate down 28 percent to P20 billion from P27.6 billion in the year-earlier period.

    Renewable energy providers propose adding 25,000 MW to the grid

    Close to a hundred power generation projects generating 25,511.066 megawatts (MW) have been cleared for system impact studies (SIS) with the National Grid Corporation of the Philippines (NGCP), according to the Department of Energy (DOE). 

    September deficit widens a shade under 60% to P179.5B

    The budget deficit widened in September this year to P179.5 billion, just a shade under 60 percent from last year's P119.9 billion and the result of far more expenses this year than there were receipts generated, the Bureau of the Treasury said.

    SEC approves P35 billion FLI bond shelf registration

    The Securities and Exchange Commission has approved the shelf registration of Filinvest Land Inc. for up to P35 billion in fixed-rate bonds. 

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    House assures  Impeachment Articles legally compliant 

    The House of Representatives deferred acceptance of the Articles of Impeachment against Vice President Sara Duterte, returned by the Senate, pending further clarification. In a resolution passed Wednesday night, the House affirmed that Duterte’s February 5 impeachment adhered to the 1987 Constitution and that the actions take as regards the initial three complaints followed due process. A separate motion stated that formal acceptance of the articles would be determined only after the Senate, sitting as the impeachment court, addresses the House’s clarification on procedural matters and jurisdiction, adding complexity to the unfolding political drama.

    Malayan Insurance named Most Sustainable Insurer in PH

    Malayan Insurance Co. Inc. was recognized as the country's “Most Sustainable and Liveable Insurance Company” at the 8th Nation Builders and Mosliv Awards, held at Okada Manila. The accolade was conferred by Sustainability Standards Inc., a global advocate of sustainable development aligned with the United Nations Sustainable Development Goals (SDGs).

    Jollibee Group rallies suppliers to drive ambitious global growth

    The Jollibee Group convened over 270 international and domestic suppliers for its 2025 Global Supplier Summit, reinforcing its commitment to long-term, value-driven partnerships as it pursues aggressive global expansion and sustainability goals.

    Mining groups back amended mining legislation

    Key industry associations have voiced strong support for the reconciled version of the mining fiscal reform bill recently finalized by the Bicameral Conference Committee, citing its balanced approach to taxation and investment incentives.

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