President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.
President Ferdinand Marcos Jr. on Wednesday led the inauguration of VITRO Sta. Rosa, the Philippines’ largest and first hyperscale data center—an advanced facility poised to accelerate artificial intelligence (AI) adoption and drive economic activity and investment.
President Ferdinand Marcos Jr. has signed into law a measure extending the franchise of Manila Electric Co. (Meralco), the country’s largest power distributor by sales and footprint, for another 25 years through 2050, Malacañan announced Tuesday.
The Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver its third interest rate cut of 2025 later this week, trimming the benchmark rate by 25 basis points to 5 percent. Analysts cite a stable peso, subdued inflation of below one percent, and the need to support domestic demand in a sluggish global environment as key drivers of the anticipated move.
Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.
The Department of Information and Communications Technology (DICT) announced on Sunday that it will spearhead the drafting of the implementing rules and regulations (IRR) for the newly enacted Konektadong Pinoy Act, a landmark law aimed at delivering universal, reliable, and affordable internet access to all Filipinos.