PLAINTIFFS challenging unprogrammed appropriations told the Supreme Court (SC) that the budget mechanism allows billions of pesos to move outside constitutional guardrails, weakening fiscal discipline ...

THE Anti-Red Tape Authority (ARTA) said data centers will play a crucial role in supporting improvements to government services as well as the growth of the digital economy. “We recognize that our ...

The Philippines’ manufacturing value added dropped to 15.7% of gross domestic product (GDP) in 2024, one of the lowest in the East Asia & Pacific region, according to the World Bank data. It trailed ...

Agentic AI is now 10x faster and a fraction of the cost of human labor. A billing model built around hours of human time is no longer just inefficient — it is structurally incompatible with the ...

The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...

MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...

ALMOST 7 out of 10 Filipino employees place stability and work-life balance at the forefront when choosing where to work, urging employers to offer flexible working options such as working from home, ...

In our earlier article, “Removal of the 5-Year Validity of Receipts and Invoices,” I explained that the Philippine tax system is mostly driven by supporting documents and that the deductibility of ...

YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured approval from the Department of Energy (DoE) to begin permit processing for a proposed ground-mounted solar power project in Capiz province ...

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ...

My take on the development experience of nations is that all progress boils down to investment — specifically on the share of income that the nation sets aside for investment or what is called the ...

GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal Power Plant Project in ...