DigiPlus urges lawmakers to assess gaming sector with prudence
DigiPlus Interactive Corp. has appealed to legislators for a fair and rational approach in assessing the online gaming industry, stressing the need to distinguish between legal operators and illicit activities.
MGB flags widespread flood, landslide threats nationwide
The Mines and Geosciences Bureau (MGB) has identified 9,366 barangays nationwide as vulnerable to rain-induced landslides and flooding, as Tropical Depression Dante and the enhanced southwest monsoon continue to bring heavy rains. This comes just weeks after the country dealt with Tropical Cyclone Crising.
Cebu BRT pilot run set for September
The Department of Transportation (DOTr) confirmed on Wednesday that pilot operations of the Cebu Bus Rapid Transit (Cebu BRT) will launch in September, marking a major milestone for urban transport in the province. The system is expected to significantly ease daily commutes for around 70,000 passengers.
FPIP, locators dominate Tanauan City’s 2024 top taxpayers list
The First Philippine Industrial Park (FPIP), a special economic zone developed by the Lopez-led First Philippine Holdings Corp. and Japan’s Sumitomo Corp., along with 17 of its locators, emerged as top contributors to Tanauan City’s 2024 tax revenue program, reinforcing the ecozone’s critical role in the city’s economic and fiscal development.
ADB lowers PH growth outlook amid global headwinds
The Asian Development Bank (ADB) has revised its growth forecast for the Philippines to 5.6 percent in 2025 and 5.8 percent in 2026, down from earlier projections of 6.0 percent and 6.1 percent, respectively. The recalibration, the ADB said, reflects the impact of external headwinds and highlights the growing importance of responsive economic policy.
