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SMC raises PHP48.86 B in preferred shares, pioneers first exchange offer by a PH firm

San Miguel Corporation (SMC) listed a combined PHP48.86 billion worth of preferred shares at the Philippine Stock Exchange, marking the country’s first-ever preferred share...

E-wallet use in sari-sari stores jumps 75% – report

Sari-sari stores are rapidly digitalizing their operations, driven by a significant increase in e-wallet use, according to a new report from Filipino tech startup...

BYD strengthening presence in VisMin as EVs gain traction outside Luzon

With EV adoption in the Philippines gaining momentum, BYD Cars Philippines, a subsidiary of AC Mobility, is positioning its brand outside of Luzon, targeting...

Araneta City partners with First Gen for RE supply, retail aggregation

Araneta City (ACI Inc.) sets another milestone by being among the first mixed-use hubs in the Philippines to adopt retail aggregation for some of...

CEB issues peak travel reminders for Undas

As the peak travel season of Undas approaches, Cebu Pacific (CEB) remains committed to ensuring a safe and seamless journey for its passengers. To...

NorthPort cuts carbon emissions with hybrid RTG conversion

NorthPort, the Philippines’ lead gateway for domestic cargo operated by International Container Terminal Services, Inc. (ICTSI), takes a significant step toward more sustainable operations...

PCC-DPWH sign MOA to stop bid rigging, anti competitive behavior in public works projects bidding

The Philippine Competition Commission (PCC) and the Department of Public Works and Highways (DPWH) have signed a memorandum of agreement (MOA) to strengthen inter-agency...

Manila Subway project right-of-way acquisition now at 82% with clearing of Metrowalk property

After three years of delay, the Department of Transportation (DOTr) has already started demolition and fencing works of Metrowalk, the property where the Ortigas...

DA closely watching rice prices as import ban remains in effect

Agriculture Secretary Francisco P. Tiu Laurel Jr. has ordered intensified market monitoring to ensure that the PHP43 per kilo maximum suggested retail price (MSRP)...

PhilFIDA to adapt copra pricing for abaca 

Philippine Fiber Industry Development Authority (PhilFIDA) said it will adapt the Philippine Coconut Authority (PCA) copra pricing for abaca to address disparity in pricing. The...

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