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NFA needs P16.3 billion for palay procurement in 2025

The National Food Authority will need P16.3 billion next year to procure the country's target rice buffer stock and additional budget to upgrade storage capacity.

Over 1 million Pinoys booked immediate in-region travels til June – survey

AirAsia Philippines on Tuesday projected strong operational performance in the second half this year on the basis of heightened willingness among Filipinos to spend on travel.

January-April tourist arrivals rise 14% to 2.12 million, led by South Korean visitors

Tourist arrivals in the Philippines rose nearly 14 percent in the first four months of the year to 2.12 million, with foreign visitors led by tourists from South Korea.

PLDT plans REIT route for data center should direct sale approach peter out

PLDT Inc. is at a crossroad on the subject of its data center business but firm on arriving at a decision by June this year on whether the business is sold off or alternatively retained as a public or listed real estate investment trust (REIT) entity.

MPTC renews bid to purchase government interest at SCTEX

The Bases Conversion and Development Authority (BCCDA) on Friday said it is open to the idea of selling its stake at the Subic Clark-Tarlac Expressway (SCTEX) to Metro Pacific Tollways Corp. (MPTC) but only if the price is right. 

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DOE transfers power sector function to BARMM-MENRE under new transition deal

The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.

Puregold, GCash push digital shift for stores 

Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.

SM Prime hits pause on P18B bond sale

SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country. 

Business groups demand tougher anti-graft safeguards

A coalition of business and governance organizations is pressing the government to implement sweeping procurement and infrastructure reforms, arguing that recurring corruption scandals highlight deep structural weaknesses in public accountability systems.

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