Agriculture Secretary Francisco Tiu Laurel Jr. on Wednesday called for stronger coordination between the country’s hydropower and agriculture plans, saying water-based energy projects can boost food security, support rural development, and help the Philippines hit its renewable-energy targets.

The Securities and Exchange Commission (SEC) has released proposed changes to the rules governing real estate investment trusts (REITs), aiming to widen the types of real estate assets that can generate income for REIT portfolios and give companies more flexibility in how they operate.

The Department of Public Works and Highways (DPWH) says the government could earn more than ₱100 million from auctioning luxury vehicles seized from contractors Curlee and Sarah Discaya, who are linked to irregularities in flood-control projects.