RFM Corp., the food production arm of the Concepcion Group, has declared a fresh P300 million cash dividend, reinforcing its record of steady shareholder returns even as it braces for a more challenging year ahead.
President Ferdinand R. Marcos Jr. has appointed Dita Angara-Mathay as secretary of the Department of Tourism, tapping a veteran economic diplomat to steer the sector toward a more investment-driven trajectory.
The Asian Development Bank (ADB) has trimmed its growth forecast for the Philippines, underscoring mounting global uncertainty driven largely by the ongoing conflict in the Middle East.
The Philippine government is finalizing a P60-billion fiscal incentive package under its proposed Electric Vehicle Incentive Strategy (EVIS), aiming to accelerate investments in next-generation automotive manufacturing.