Tag: Editors' Picks

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Farm group rejects plan extending tariff cuts on rice, corn and pork

The Samahang Industriya ng Agrikultura (SINAG) on Tuesday said the proposed extension of lower tariff on rice, corn and pork deserves an outright rejection as the existing mechanism has not proven beneficial to consumers and has negatively impacted local producers.

PSALM appoints ADB as advisor in CBK hydro plant privatization

The government has awarded the Asian Development Bank (ADB) the contract as transaction advisor to the Philippines Power Sector Assets and Liabilities Management Corp. (PSALM) to privatize the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant complex in Laguna.

CitySavings bares P100-B loan portfolio as continuing nod to financial inclusion

City Savings Bank, Inc. (CitySavings), the thrift bank arm of the UnionBank of the Philippines (UnionBank), on Tuesday bared the deployment of P100 billion to meet the loan requirement of its clients.

GSIS opens loan restructuring, condonation for delinquent borrowers

State pension fund Government Service Insurance System (GSIS) has relaunched a condonation and restructuring program with longer and affordable payment terms to benefit former members, old-age pensioners, re-employed members, and other borrowers with overdue loans.

SMC, government in collaboration to clean up, rehabilitate Luzon rivers

Three years after it launched its landmark river cleanup and flood mitigation initiative--which has led to the removal of over 3 million metric tons of silt and solid wastes from the Pasig, Tullahan, and San Juan Rivers--San Miguel Corporation (SMC) is setting its sights on a more ambitious goal: cleaning up and rehabilitating three major river systems as well as other tributaries and waterways throughout Metro Manila, Pampanga, Cavite, and Bulacan.

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Globe tops NTC SMS test; posts strong speed, fewer drop calls 

Globe led the National Telecommunications Commission’s latest service quality tests, recording the highest SMS success rate at 99.41 percent — the only provider to pass the NTC’s 99 percent standard. Its call drop ratio hit just 0.74 percent, well below the 2 percent limit, while peak download speed reached 381 Mbps.

Cash still accounts for a fourth of PH e-commerce sales 

Cash remains a major force in Philippine online shopping, with about 23 percent of all e-commerce transactions still paid through cash on delivery (COD), according to the Xendit Ecommerce Payments Momentum Report 2026. This figure is the highest in Southeast Asia—far above Vietnam’s 16 percent—even as COD shares drop sharply across much of the region.

Metro Manila water supply remains sufficient; NWRB urges simple conservation

The National Water Resources Board (NWRB) confirmed Metro Manila’s water supply remains enough for now, but called on the public to practice proper usage as the country braces for a strong El Niño event.

BIR September collection hits P203.58B, up 11%

The Bureau of Internal Revenue (BIR) said tax collection in September reached P203.58 billion, an 11 percent increase from the P183.53 billion generated in the same month last year.

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