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NFA rice stocks begin hitting LGUs as emergency measure

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.

DOTr gifts commuters with LRT rate hike on Valentine’s Day

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.

Record-breaking remittances boost economy in 2024

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.

‘Lenient’ TRB reinstates cashless toll collection starting March

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.

France looks to underwrite proposed dairy project

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. 

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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.

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