The Bangko Sentral ng Pilipinas on Thursday delivered a preemptive 25-basis-point rate hike and left the door open to further tightening as stubborn inflationary pressures threaten to keep prices above the central bank’s target range.
President Ferdinand Marcos Jr. on Thursday threw his support behind efforts to modernize the country’s egg industry during a visit to the P300-million processing facility of the Batangas Egg Producers Multipurpose Cooperative (BEPCO) here, accompanied by Agriculture Secretary Francisco P. Tiu Laurel Jr.
Light Rail Manila Corp. (LRMC), operator of LRT-1, immediately removed a fourth-generation train from service after detecting a water leak inside one carriage, acting swiftly to protect passenger comfort and reliability.