Tag: power supply agreements

A Philippine-led effort to build a domestic defense manufacturing industry is moving closer to reality, with Stone of Hope Defense (SOHD) seeking government registration for a project that could eventually lead to full-scale local production of firearms and defense equipment.

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has decided to increase the target reverse repurchase (RRP) rate by 25 basis points, bringing it to 4.75 percent.

San Miguel Corporation (SMC) has started a river cleanup project along the Butuanon River in Mandaue City, Cebu, as part of its Better Rivers PH program. This initiative supports the government’s Oplan Kontra Baha to address flooding issues.

Digital financial service provider Maya has become part of the THINKaMuna Pilipinas Council, joining efforts to combat financial scams and improve digital knowledge among Filipinos.