The Department of Transportation (DOTr) announced Tuesday that the long-awaited rehabilitation of EDSA—now rebranded as the “EDSA Rebuild Program”—is set to begin in mid-June. Transportation Secretary Vince Dizon emphasized the significance of the project, noting that it marks the first major overhaul of the country’s busiest thoroughfare in 45 years.
The Department of Agriculture (DA) on Tuesday rejected U.S. Department of Agriculture (USDA) projections that the Philippines will likely require record rice imports of 5.4 million metric tons (MT) this year, calling the forecast “exaggerated.”
Metro Retail Stores Group Inc. (MRSGI) reported a sharp 73 percent decline in first-quarter net income to ₱13.4 million from ₱50.3 million year-on-year, as the company absorbed higher non-cash expenses tied to its ongoing expansion program.
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), is advancing its shift toward technology-driven energy solutions as part of its strategy to optimize operations and scale renewable energy capacity.
