The Department of Agriculture (DA) announced Wednesday that 120,000 minimum wage earners nationwide will be the first to benefit from the subsidized rice program offering P20 per kilo, starting June. This initiative is in partnership with the Department of Labor and Employment (DOLE), which identified the initial pool of eligible workers, mostly employed in private factories and companies.
Listed mining firm Global Ferronickel Holdings Inc. (FNI) announced the renewal of its Mineral Production Sharing Agreement (MPSA) for the Ipilan Nickel Project in Brooke’s Point, Palawan, a key development supporting the company’s expansion and long-term diversification goals.
SM Prime Holdings Inc. will inaugurate SM City Laoag on May 30, marking its 88th shopping mall in the Philippines and its first in Ilocos Norte. The new mall underscores the company’s strategy to deepen its presence in emerging regional growth centers.
Aboitiz InfraCapital, Inc. (AIC) announced the upcoming turnover of Bohol-Panglao International Airport (BPIA) in June 2025, highlighting a P4.53-billion facility upgrade that is expected to significantly enhance Bohol’s tourism and commercial capacity. Under a 30-year concession, AIC will implement infrastructure enhancements including expanded terminal capacity, modern aviation systems, and upgraded airside and landside facilities.