PBBM SUSPENDS LGU COLLECTION OF ‘PASS-THROUGH FEES’ ON NATIONAL ROADS

President Ferdinand R. Marcos Jr. has ordered the local government units (LGUs) to suspend the collection of the “pass-through fees” to ensure the efficient movement of goods across regions aligned with the government’s strategies to revitalize local industries under the Philippine Development Plan 2023-2028.  A three-page Executive Order No. 41 signed by Executive Secretary Lucas…

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Ifugao local artists create first-ever local film focusing on youth and family struggles

Despite limited filmmaking experience and resources, local artists from Hingyon, Ifugao, are making waves on social media with the release of their first-ever locally produced film, ‘The Revelation: A’apon Ina.’ This groundbreaking film explores the struggles of young love and marriage, family life, poverty, and other societal issues that deeply resonate with its audience. The premiere…

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Ayala Land sets P100-B capex in 2024 as property outlook remains rosy

Ayala Land, Inc. (ALI) has set PHP100 billion in capital expenditure (capex) target this year as its outlook in the property sector remains rosy, especially in the high-end market. In a recent press briefing, ALI chief finance officer Augusto Bengzon said 34% of this year’s capex would be spent on residential projects, 24% for estate development, 19% for land acquisition, 10% for malls, 8% for…

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