Mercedes-Benz says PHL market for EVs growing more attractive
DEMAND for electrified vehicles (EVs) has been growing in the Philippines, making it more attractive for car brands to launch new models, Mercedes-Benz Philippines...
P1.6-B NGCP Ilocos Norte substation project approved
THE National Grid Corp. of the Philippines (NGCP) has won approval from the Energy Regulatory Commission (ERC) to pursue its P1.63-billion substation project in...
Navigating integrity challenges in Southeast Asia
By Roderick M. Vega
Southeast Asian organizations are facing substantial ethical risks that threaten their business stability, despite notable advancements in compliance measures. As the region’s economies continue to expand, the need for a robust integrity framework has never been more critical. Rapid economic growth often brings about increased competition, which can lead to ethical compromises if not managed effectively.
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...