The Department of Trade and Industry (DTI) recently published its updated suggested retail price (SRP) bulletin for basic necessities and prime commodities, marking the first release in over a year since January 12, 2023. According to DTI data, 77 out of the 191 shelf-keeping units (SKUs) listed in the SRP update, or approximately 40 percent, have experienced price hikes. Among …
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The National Committee on Intellectual Property Rights (NCIPR) has significantly stepped up its efforts to combat counterfeit goods in the Philippine market, with seizures reaching a record P40.99 billion in 2024. The Intellectual Property Office of the Philippines (IPOPHL) reported Thursday that the total value of confiscated fake products last year surpassed the previous record of P26.99 billion in 2023, …
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Century Properties Group is expanding Azure North in San Fernando, Pampanga with the launch of Mykonos Tower, a 12-story mid-rise residential building offering 374 units. Buyers can choose from studio (26-28 sqm) and one-bedroom (44 sqm) units, all delivered bare for customization. The building features 24/7 security, concierge services, and a fire safety system. This phase also introduces the Azure …
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LG Electronics Philippines received a prestigious recognition at the 60th Anvil Awards for its campaign, “LG OLED TV Illuminates Artistic Legacy at the National Museum of Fine Arts.” The campaign won a Silver Anvil in the Public Relations Tools (Special Events) category, celebrating its innovative approach to blending technology and culture. In May 2024, LG collaborated with the National Museum …
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SM Foundation, the social good arm of the SM Group, has opened its college scholarship program, with applications running from February 1 to March 31, 2025. The initiative aims to provide comprehensive educational support to qualified senior high school graduates nationwide. The scholarship package includes full tuition coverage, monthly stipends, and paid internship opportunities within the SM Group during semester …
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The Bangko Sentral ng Pilipinas (BSP) announces the Discount Window Facility (DWF) applicable interest rates effective Feb. 10. The new rates are as follows: A. Peso Loan Maturity/ Rate (%)1 – 90 days — 6.922591 – 180 days — 7.0950 B. United States (US) dollar Loan Maturity/ Rate (%)1 – 90 days — 6.8028091 – 180 days — 6.80280181 – …
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Retired Justice Stephen Caperiña Cruz was re-elected as Chairman of the Board of Directors of the Philippine Postal Corporation (PHLPost). Justice Cruz officially took his oath beforePostmaster General and CEO Luis D. Carlos and the Board of Directors last Feb. 4. The oath-taking ceremony was also attended by the Board of Directors, including Ricardo R. Blancaflor, Noel V. Dacasin,and Ernesto …
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Estate Water, an operating unit of Manila Water Non-East Zone subsidiary Manila Water Philippine Ventures (MWPV), recently celebrated its ninth anniversary in the water service industry by commemorating their major feats in the past year. Established in 2016, Estate Water is a recognized water and wastewater service provider with expertise on sustainable construction, development, improvement, management and operation of water …
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The Department of Trade and Industry (DTI) and the Department of Public Works and Highways (DPWH) have renewed their commitment to the Roads Leveraging Linkages for Industry and Trade (ROLL IT) Program in Iloilo. This collaboration focuses on completing ongoing projects from 2018 to 2024, supported by a P130 million funding allocation for nine road infrastructure projects in the region. …
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The Manila International Container Terminal (MICT), International Container Terminal Services Inc.’s (ICTSI) flagship operation and the Philippines’ largest and most advanced container terminal, continues to invest in expanding capacity and improving terminal efficiency through infrastructure enhancements, equipment upgrades, and digital transformation. These investments support growing trade volumes as well as advance customer service. To meet rising demand, MICT is constructing …
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