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DOE looking for partners to help manage geothermal power development risks

The Department of Energy (DOE) is on the hunt for partners to help it manage risks associated with geothermal power development.

UnionDigital names Danilo Mojica as new president, CEO

UnionDigital, one of the six Bangko Sentral ng Pilinas-licensed digital banks in the country, said Tuesday long-time business executive Danilo “Bong” Mojica will take over on 1 August as president and chief executive officer of the digital banking unit of Union Bank of the Philippines.

BFAR launches Zamboanga’s first government-operated marine hatchery

The Bureau of Fisheries and Aquatic Resources (BFAR) inaugurated Zamboanga Peninsula’s first first-ever government-operated multi-species marine hatchery last week. Located in Jose Dalman, Zamboanga del...

Online marketplace should start collecting withholding tax from merchants—BIR

The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.

BTr awards full P30 billion offered at bond auction, opens tap window

The Bureau of the Treasury fully awarded the P30 billion it offered at the auction Tuesday for treasury bonds due January 2034.

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Business, gov’t leaders call for urgent action on PH development goals

More than 200 leaders from business, government, academe, and civil society gathered at the University of the Philippines BGC Campus in Taguig City for a conference aimed at turning national development plans into concrete action.

Zobel eyes 5% growth, rebound as risks ease

Jaime Augusto Zobel de Ayala, chairman of Ayala Corp., struck a cautiously optimistic tone on the Philippines’ economic outlook, projecting a rebound as near-term risks begin to ease and structural strengths remain intact.

VITRO Sta Rosa data center earns global certification

VITRO Inc. announced that its VITRO Santa Rosa (VSR) facility has achieved TIA-942 Rated 3 Facility Certification, confirming that the data center is designed to operate बिना interruptions even during maintenance or repairs.

Japan eyes bigger role in PH infrastructure push via PPP

Ambassador ENDO Kazuya has highlighted the growing opportunities for infrastructure development in the Philippines, particularly through public-private partnerships (PPP), during the Japan-Philippines Business Dialogue on Infrastructure and PPP Opportunities.
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