GEA for offshore wind could take place in Q3

THE green energy auction (GEA) round for offshore wind could take place by the third quarter after the Energy Regulatory Commission sets the ceiling...

Stiffer regulation of online gaming expected to stall industry’s growth

THE gaming industry’s growth could stagnate this year in the wake of stiffer regulation imposed by the government, S&P Global said. “(T)he Philippines may see...

Transport master plan attracts five bids

THE Department of Transportation (DoTr) said five companies have submitted technical bids to prepare the Philippine Transportation System master plan. The DoTr said the five...

SBCorp. allocates P2B in loans for female-run firms

THE Department of Trade and Industry (DTI) said the Small Business Corp. (SBCorp.), has allocated P2 billion this year for a loan program targeting...

Tech-driven exports expected to boost Asia-Pacific growth

ECONOMIES in the Asia-Pacific (APAC) region could gain some growth support from the boom in technology-driven exports, Fitch Ratings said, though tariffs remain a...

Philguarantee says P640B in loans covered by its guarantee products

THE Philippine Guarantee Corp. (Philguarantee) said it has provided guarantee support for nearly P640 billion worth of loans since the end of 2019. In a...

PHL to push sustainability agenda as EABC chair

THE PHILIPPINES is keen to increase its participation in the Regional Comprehensive Economic Partnership (RCEP) and reduce trade barriers as it assumes the chairmanship...

From pause to progress: Refined audit approach

By Maria Alyssa Mae Panis
Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November....

Visa outsourcing firm projects foreign visa applications increase by up to 7% in 2026

VFS Global, a visa outsourcing and technology firm, said on Tuesday that visa applications from the Philippines are expected to grow by 5% to...

P1.19-T National Tax Allotment released to local governments

THE National Tax Allotment (NTA) of P1.19 trillion has been released to local government units (LGUs), the Department of Budget and Management (DBM) said. Acting...

EDCOM II proposes education spending of at least 5.5% of GDP

THE Second Congressional Commission on Education (EDCOM II) is pushing for a 10-year education development plan that will set minimum education spending at 5.5%...

Landfill inspections to be completed this quarter

THE Department of Environment and Natural Resources (DENR) said it hopes to complete a comprehensive national review of landfill facilities by the end of...