The Department of Agriculture (DA) on Wednesday released National Food Authority (NFA) rice stocks to local government units (LGUs) as a strategic food security emergency measure to stabilize rice prices and ensure affordable supply for consumers.
The Department of Transportation (DOTr) has approved a fare hike for the Light Rail Manila Corp. (LRMC), which will take effect on 2 April 2025. The decision, made official in a 14 February letter, comes after the LRMC petitioned for an increase in fares, citing adjustments in its concession agreement.
Personal remittances from overseas Filipinos (OFs) surged to a historic high of USD3.73 billion in December 2024, marking a three percent increase from the previous year. The robust inflows helped push full-year remittances to USD38.34 billion, the highest ever recorded, reflecting a three percent growth over 2023's USD37.21 billion.
A lenient Toll Regulatory Board (TRB) on Sunday announced that major toll expressways will reinstate cashless and contactless toll collection starting March 15, 2025, in accordance with regulatory efforts to streamline traffic flow and improve toll operations.
The National Dairy Authority (NDA), under the Department of Agriculture, has partnered with Phylum SARL, a France-based consultancy specializing in food, animal health, and welfare, to conduct a feasibility study for the Philippine Dairy Project.
Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.
The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.
SM Prime Holdings Inc. reported robust demand for its mall-based office spaces, driven by a growing preference among businesses for mixed-use developments that offer convenience, accessibility, and quality infrastructure.