The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.
Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.
The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.
EastWest Bank has convened a high-level forum focused on family enterprise strategy and succession planning. The event gathered clients from EastWest’s priority, retail, and corporate banking segments, offering a structured platform to address leadership transitions and intergenerational governance.
Makati Mayor Abby Binay today said the city government recently acquired three units of the Rosenbauer Smart Firefighting Robot to further enhance the city’s modern emergency response capabilities. The mayor said the robots offer an alternative way to aid in fire suppression and rescue efforts, especially in high-risk incidents such as those involving hazardous materials, reducing the risk to rescuers’ lives.
The Department of Agriculture (DA), together with the Department of the Interior and Local Government (DILG) and Cooperative Development Authority (CDA), has launched a joint policy framework to strengthen support for agricultural cooperatives nationwide.
Singapore-based Total Advanced Future Technology Pte Ltd (TAFT) is investing more on the Philippines, unveiling a P10-billion expansion in Batangas aimed at making the region a key hub for advanced, climate-resilient building technologies.
GMA Network climbed 11 spots to rank 13th in the Tubular Worldwide Leadership Ranking for April 2026, up from 24th place previously. Its digital content earned a total of 11.18 billion views across major platforms: 5 billion on Instagram, 3.06 billion on Facebook, 2.40 billion on TikTok, and 719 million on YouTube.
The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.