Economy

DISASTER-FUND releases totaled P22.48 billion at the end of November to support infrastructure repair and relief operations, the Department of Budget and Management (DBM) said. In a National Disaster Risk…

THE IBM Philippines, Inc. said on Thursday that many companies in the Philippines are quietly adopting  and investing in artificial intelligence (AI). “They are very quiet adopters. What I mean…

IN BRIEF: • According to EY research, 69% of global consumers will participate in this year’s value hunt, with one-third indicating they will spend more than last year. • Smart,…

THE Supreme Court (SC) has issued a ruling “deny(ing) with finality” all appeals filed by CJH Development Corp. in connection with the court’s ruling allowing the Bases Conversion and Development…

FILIPINO-Chinese businesses said they continue to view high power costs and red tape as the leading deterrents to expanding their operations. “There are issues which are of major concern to…

THE Swedish government has expressed interest in collaborating with the Philippines in mining, healthcare, transportation, digitalization, and defense, the Board of Investments (BoI) said. In a statement on Tuesday, the…

THE British Chamber of Commerce Philippines (BCCP) said it supports the passage of the Open Access in Data Transmission bill, also known as the Konektadong Pinoy bill, as well as…

THE Department of Energy (DoE) said on Thursday that it will stage the fifth round of the green energy auction (GEA-5) in the third quarter of 2025, with the auction…

MANAGEMENT Association of the Philippines (MAP) 2025 President-elect Emmanuel P. Bonoan has withdrawn before officially taking up his post, citing personal reasons. In a letter to members dated Dec. 12,…

THE Department of Agriculture (DA) said on Thursday that it is investigating how Highly Pathogenic Avian Influenza (HPAI) Type A, Subtype H5N2 entered the country, after an outbreak at a…