The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.
The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.
The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).
The Department of Transportation (DOTr) is ramping up assistance for transport cooperatives that have modernized their public utility vehicle (PUV) fleets, emphasizing continued support for those struggling with bank amortization. This develops following President Ferdinand Marcos Jr.'s directive to ensure that financial issues do not derail the PUV modernization program.