NG debt jumps to 62% at end of Q1
NATIONAL GOVERNMENT (NG) debt as a share of gross domestic product (GDP) rose to 62% at the end of the first quarter, the highest...
DA bats for restoration of NFA’s power to intervene in rice market
THE Department of Agriculture (DA) is pressing Congress to restore the National Food Authority’s (NFA) regulatory powers over the grain market.
In a statement, the...
Small minority of PHL organizations have ‘mature’ cybersecurity systems
ONLY 6% of organizations in the Philippines have “mature” cybersecurity systems that are up to the task of handling threats, Cisco Systems said.
Citing the...
PHL road to digitalization to be costly, ADB says
PHILIPPINE EFFORTS to digitalize its economy will be expensive, but it must keep pace with its neighbors to further its inclusion and sustainability agenda,...
NDC receives final payment for property used in Skyway
THE National Development Co. (NDC) said on Thursday that it has received the final payment from the Toll Regulatory Board (TRB) for a 1.3-hectare...
BoI joins Customs advisory panel to smooth trade processes for investors
THE Board of Investments (BoI) has become a district-level member of the Customs Industry Consultative and Advisory Council (CICAC), helping address investors’ customs-related concerns.
“CICAC...
PHL online sellers lag in AI adoption — Lazada
ONLINE SELLERS from the Philippines are lagging the region in the adoption of artificial intelligence (AI), according to Lazada Philippines.
“Filipino sellers are on a...
E-games dislodge casinos as PAGCOR’s top earners
GROSS gaming revenue (GGR) rose 27.44% to P104.12 billion in the first quarter, with electronic gaming out-earning physical casinos for the first time, the...
Philippines’ March factory output contracts for second month
MANUFACTURING OUTPUT contracted for a second consecutive month in March, though the decline narrowed as food output increased, the Philippine Statistics Authority (PSA) reported...
ASEAN-Canada FTA talks making ‘slow’ progress
NEGOTIATIONS for a free trade agreement (FTA) between Canada and the Association of Southeast Asian Nations (ASEAN) are proceeding slowly, with an extension deemed...
Farming lobby calls for logistics, power subsidies
LEGISLATORS who will be elected on May 12 need to introduce measures that will subsidize the cost of farm logistics and rural electricity, the...
Nine medical technology firms expected to register with PEZA within the year
NINE medical technology companies will pursue registrations with the Philippine Economic Zone Authority (PEZA) within the year, according to the Medical Device Association of...