The Department of Agriculture (DA) has announced a new partnership with the major retail chains to distribute affordable rice nationwide, aimed at stabilizing prices and improving access for Filipino households.
The National Food Authority (NFA) needs to secure additional funding to cover the increase in the national rice buffer stock mandated under the amended Rice Tariffication Law.
The country's meat imports posted a significant increase in 2024, reflecting growing demand and shifts in consumer preference, according to data from the Bureau of Animal Industry (BAI). From January to November 2024, the Philippines imported 1.33 billion kilograms of meat, marking a 19.4 percent rise from the 1.12 billion kilograms imported in the same period of 2023.
The Land Transportation Franchising and Regulatory Board (LTFRB) is reviewing a petition from various transport groups seeking a P15 minimum fare for public utility jeepneys, a move that could impact the daily commute of millions of Filipinos.
The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
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.