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.
The Department of Agriculture (DA) has lifted its temporary ban on poultry imports from the US states of Illinois and Wisconsin, allowing chicken products from these areas to enter the Philippines again. However, imports from Kansas remain suspended due to ongoing bird flu outbreaks.
The Department of Agriculture (DA) said current imported onion stocks are not enough to cause a major drop in red onion prices, following complaints from farmers in Nueva Ecija.
The National Telecommunications Commission (NTC) has proposed new service quality benchmarks for data transmission industry participants under the Konektadong Pinoy Act to ensure new telecommunications entrants meet national connectivity standards.