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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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US pledgesP639M health aid to Philippines

The US has committed more than P639 million in fresh health assistance to the Philippines, deepening a multibillion-peso partnership aimed at strengthening the country’s response to infectious diseases and improving health system resilience.

PCC tightens watch on oil, fuel markets 

Amid mounting volatility in global oil markets, the Philippine Competition Commission (PCC) said it is intensifying oversight of the domestic fuel sector to guard against anti-competitive practices that could disadvantage consumers.

PCPPI ramps up tech-driven push to empower sari-sari stores nationwide

Pepsi-Cola Products Philippines, Inc. (PCPPI) is intensifying its efforts to support sari-sari stores, rolling out a technology-enabled distribution strategy aimed at directly empowering millions of Filipino micro-entrepreneurs.

Filinvest launches promo to make home buying easier

Filinvest Land, Inc. (FLI) has rolled out its Kaya-Sulit Ready-for-Occupancy (RFO) Promo to make buying homes more affordable and easier for Filipinos. The program is offered in partnership with EastWest Bank and the Bank of the Philippine Islands (BPI).

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