Shell Pilipinas Corp. (SPC) is pressing ahead with a disciplined investment strategy, committing between P2 billion and P3 billion annually in capital expenditures for 2025 and 2026, despite posting a steep 47.1 percent drop in first-quarter net income.
Meat imports surged by 25.9 percent in the first quarter of 2025 compared to the same period last year, driven primarily by higher pork and chicken shipments, according to data from the Bureau of Animal Industry (BAI).
The Bureau of Customs at the Ninoy Aquino International Airport (BOC-NAIA) today (13 May 2025) confiscated six parcels containing Ecstasy and heroin valued at approximately PhP4.43 million.
President Ferdinand R. Marcos Jr. lauded the Bureau of Customs (BOC) for its instrumental role in the Philippines’ successful removal from the Financial Action Task Force (FATF) Grey List, ending a three-year effort to meet global anti-money laundering and counter-terrorism financing standards.
The President cited BOC’s enhanced monitoring of cross-border cash movement as a major contributor to the country’s compliance with FATF action items. He recalled issuing a directive in October 2023 instructing key government agencies—including the BOC—to implement reforms aligned with the FATF’s recommendations.
