WESM electricity rates fall 12% in November
Electricity prices at the Wholesale Electricity Spot Market (WESM) dropped 12.4 percent in November, the Independent Electricity Market Operator of the Philippines (IEMOP) on Wednesday reported.
Regulators strengthen safeguards for PERA contributors
The Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) have joined forces to better protect the retirement savings of Filipino workers.
ADB clears $400M loan to fuel Philippines’ business climate overhaul
The Asian Development Bank has approved a USD400-million policy-based loan to drive government reforms aimed at positioning the Philippines as premier investment destination in Asia and the Pacific.
ADB trims Philippine growth forecast amid flood-control probes
The Asian Development Bank (ADB) has downgraded its growth forecast for the Philippine economy for this year and in 2026, contrasting with its upward revisions for the rest of developing Asia. The Manila-based regional lender cited reduced public infrastructure spending following investigations into controversial flood-control projects as a key drag on economic momentum.
Fortinet forecasts rapid automation shift in global cybercrime
Fortinet has released its 2026 Cyberthreat Predictions Report, describing the coming year as a turning point in the evolution of global cyber risk. According to FortiGuard Labs, cybercrime is shifting into a fully industrialized system driven by automation, specialization, and artificial intelligence. The report says success for both attackers and defenders in 2026 will hinge less on innovation and more on how quickly intelligence can be turned into action.
