IN BRIEF: • Ethical risks remain a significant concern for businesses in Southeast Asia. • Major issues include a weak integrity culture, third-party risks, and inadequate whistleblower protections. • Organizations…
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NATIONAL GOVERNMENT (NG) debt as a share of gross domestic product (GDP) rose to 62% at the end of the first quarter, the highest in 20 years. The first-quarter reading…
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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 DA said the NFA needs…
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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 findings of a study, it…
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PHILIPPINE EFFORTS to digitalize its economy will be expensive, but it must keep pace with its neighbors to further its inclusion and sustainability agenda, the Asian Development Bank (ADB) said.…
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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 property in Pandacan, Manila needed to…
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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 bridges the gap between public…
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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 slower adoption curve for AI…
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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 Philippine Amusement and Gaming Corp. (PAGCOR)…
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MANUFACTURING OUTPUT contracted for a second consecutive month in March, though the decline narrowed as food output increased, the Philippine Statistics Authority (PSA) reported on Wednesday. According to the preliminary…