Visa and Mastercard have officially rolled out Apple Pay in the Philippines, giving eligible cardholders a new way to make contactless payments as digital wallets gain further traction in the country's shift toward a cash-lite economy.
President Ferdinand R. Marcos Jr. is seeking the passage of the proposed ProGRESS bill within the year, with the measure expected to generate billions of pesos for priority government programs while avoiding broad-based tax increases on most Filipinos.
The Bureau of Customs (BOC) collected a record P95.848 billion in July, its highest monthly revenue haul on record, as stronger customs enforcement and improved trade facilitation continued to bolster government revenues.
TikTok has partnered with the Technical Education and Skills Development Authority (TESDA)-National Capital Region to train aspiring content creators, entrepreneurs and job seekers, reflecting the growing role of the creator economy as a source of income and employment in the Philippines.
The Department of Trade and Industry (DTI) has warned consumers against purchasing FLAVA, also marketed as XFLAVA, vape products, saying the items were smuggled into the country and are not authorized for sale or distribution in the Philippines.
The Energy Regulatory Commission (ERC) on Monday (24 August 2026) clarified that Negros Electric and Power Corp. (NEPC) was operating well within its allowable system losses cap after being wrongly identified as noncompliant with the cap for private distribution utilities (DUs).
Agriculture sector damage from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay and Neneng has risen to P1.91 billion, per the Department of Agriculture (DA) 12 noon advisory. This is up from the P1.79 billion reported August 22.
A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.
The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.