October, 2025

• 19 October

  DTI Imposes ₱14 safeguard duty on imported cement for three years

  

  The Department of Trade and Industry (DTI) will impose a safeguard duty of ₱14 per 40-kilogram bag of imported cement over the next three years, following the recommendation of the Tariff Commission. DTI Secretary Cristina Roque said the measure covers Ordinary Portland Cement Type 1 and Blended Cement and is meant to “level the playing field between domestic manufacturers and …

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• 19 October

  TMP says fiscal incentives sustain growth of local automotive industry

  

  Toyota Motor Philippines Corporation (TMP) credited fiscal incentives and supportive government policies for helping local manufacturers stay competitive and sustain growth in the automotive industry. In a statement sent to the media, TMP said it measures government initiatives by their impact on strengthening local manufacturing and the parts supply chain.  “Fiscal incentives on investments in local capabilities, as well as …

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• 19 October

  Creation of multi-sectoral team ordered to digitally tackle tax issues

  

  Finance Secretary Ralph Recto has ordered the creation of a multi-sectoral working group that will develop digital solutions to address tax and non-tax concerns and help strengthen the country’s investment climate. The Department of Finance (DOF) said the group, which will include private sector partners, aims to boost investor confidence and generate more jobs for Filipinos. The directive was issued …

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• 19 October

  A New Chapter Begins: Eton City Welcomes the University of the East to the South

  

  Eton Properties marked another milestone as it officially broke ground on the University of the East’s (UE) first campus in the South, located within the 600-hectare Eton City in Sta. Rosa, Laguna. From its inception, Eton City was envisioned as more than just a place to live. It was designed as a complete and connected community where families can grow, …

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• 19 October

  Overseas Filipinos’ remittances rise 3.2% in August

  

  Money sent home by overseas Filipinos (OFs) continued to climb, rising by 3.2 percent in August 2025 to USD2.98 billion from USD2.89 billion in the same month last year, the Bangko Sentral ng Pilipinas (BSP) reported Wednesday. Remittances from land-based workers reached USD2.35 billion, while those from sea-based Filipinos totaled USD626 million. The sustained inflows brought total cash remittances for …

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• 19 October

  BSP weighs proposal to scrap P500, P1,000 bills to curb dirty money

  

  The Bangko Sentral ng Pilipinas (BSP) is carefully studying a proposal to demonetize the ₱500 and ₱1,000 bills to curb their alleged use in illegal activities, Governor Eli Remolona said last week. Remolona described the suggestion from former Finance Secretary Cesar Purisima as a “tantalizing proposal,” but warned that such a move could cause more harm than good. “It’s not …

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• 19 October

  BDO Kabayan Facebook page honored at Philippine Quill Awards

  

  BDO Unibank Inc.’s (BDO) BDO Kabayan Facebook Page received recognition at the 21st Philippine Quill Awards for excellence in Social Media Strategy. The award highlights BDO’s Alagang Kabayan advocacy—providing accurate, timely, and relevant financial advice and updates that help overseas Filipinos (OFs) and their families manage daily transactions and achieve long-term goals. “We built BDO Kabayan Facebook Page to be …

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• 19 October

  LANDBANK expands AGRISENSO Plus Program to Palawan

  

  LANDBANK continues to strengthen its support for farmers and agricultural stakeholders with the regional rollout of the AGRISENSO Plus Lending Program in Palawan, offering low-interest financing and capacity-building assistance to more farming communities nationwide. Over 1,400 farmers from the municipalities of Aborlan, Bataraza, Brooke’s Point, Narra, Quezon, Rizal, and Sofronio Española attended the launch held on October 10, 2025, at …

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• 19 October

  PSC-Indigenous Peoples Games in Agusan del Norte a big success

  

  BUENAVISTA, Agusan del Norte — The 2025 Indigeneous Peoples Games – Mindanao Leg organized by the Philippine Sports Commission (PSC) turned out to be another major success with the Municipality of Las Nieves winning the overall championship over the weekend. With two first-place finishes, two second places and one third place in five events, Las Nieves defeated 10 other municipalities …

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• 19 October

  Phuket Waves extend winning streak in TBA

  

  By Robert Andaya THE Phuket Waves extended their winning streak to three games in the Thailand Basketball Association (TBA), dominating the Pathum Thani City Wings, 135-105, at the Watsungwej School Gymnasium. The Waves improved their record behind the the explosive showing of Wowie Escosio, Patrick Tchuente, and Francis Camacho, who combined for 79 points for coach RJ Mojica. Escosio led …

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