The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.
Agriculture Secretary Francisco Tiu Laurel Jr. said global agriculture is under heavy pressure from a combination of climate change, geopolitical conflicts, and disease outbreaks, making it harder for governments to manage food systems.
The Manila Electric Company (Meralco) on Monday moved to correct misleading claims circulating on social media about electricity bill charges, saying all fees are legal, transparent, and approved by regulators.
Serious lapses in corporate governance, not a lingering family feud as some would have it, drove the decision to remove Federico “Piki” Lopez as president and chief executive officer of Lopez Inc., according to controlling shareholders.