The Department of Environment and Natural Resources gathered over 200 representatives from government, finance groups, civil society, diplomatic bodies, and community forestry organizations in an investment forum held Thursday. The event aims to grow inclusive investments and strengthen cooperation for sustainable forest management.
The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.
Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”
The Department of Energy (DOE) has established a new Joint Task Force alongside the Energy Regulatory Commission, the National Electrification Administration, and electric cooperatives to help remove system loss charges and related value-added tax from power bills. Energy Secretary Sharon Garin emphasized the administration's stance that consumers should only pay for the electricity they actually consume, rather than bearing the cost of losses they did not cause.
The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.
The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.
The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.
The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.
The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.