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Senate President eyes vape, wealth taxes to offset losses

Senate President Sherwin Gatchalian is looking to raise taxes on vaping products and develop a Philippine version of a wealth tax to offset revenue losses from a proposed repeal of the travel tax while supporting economic growth.

Gilas women rain 3s to end Mexico campaign

The women of Gilas Pilipinas brought a monsoon to Guadalajara, raining 3-pointers and shooting a torrential 70 percent from two-point range to beat Senegal, 79-75, and close their FIBA Women’s Olympic Pre-qualifying tournament campaign with a victory.

Gatchalian backs Pax Silica as next big industry 

Senate President Sherwin Gatchalian is backing the Philippines’ bid to secure the proposed Pax Silica high-technology manufacturing hub, calling the project a “once-in-a-lifetime opportunity” to draw foreign direct investments, create jobs, and build the country’s next major growth engine after business process outsourcing.

Violent games are no simple school-shooting trigger

Every generation gets its villain. In 1979, it was Voltes V and other Japanese robot cartoons. Today, as the Philippines confronts fresh school shootings, the finger is pointing at Roblox.

MAP sees subdued Q4, eyes 2027 recovery

The Management Association of the Philippines (MAP) expects business conditions to remain subdued through the fourth quarter of 2026, with limited prospects for a consumer-led rebound before yearend, even as it sees a stronger recovery taking shape in 2027.

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BSP leads regional central bank cooperation on consumer protection, AI governance at EMEAP 2026

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and his counterparts from the East Asia and Pacific region have pledged to deepen cooperation on shared challenges facing financial systems, advancing key initiatives to bolster consumer safeguards and guide responsible artificial intelligence (AI) adoption across the industry.

SBMA sets October deadline for P7-B Subic airport PPP

The Subic Bay Metropolitan Authority (SBMA) has set Oct. 29 as the deadline for competing bids for the P7-billion redevelopment of Subic Bay International Airport (SBIA), moving the long-awaited project closer to a head-to-head challenge.

Security Bank wins ABF awards for digital banking, Terra Solar

Security Bank Corp. and its investment banking arm Security Bank Capital Investment Corp. have won three Asian Banking & Finance Awards 2026, recognizing their digital banking initiatives and role in financing one of the Philippines’ largest renewable energy projects.

Nextbank, MCRBi deepen digital banking push in CALABARZON

Nextbank and Mount Carmel Rural Bank, Inc. (MCRBi) are expanding their partnership to bring mobile banking services to more customers in CALABARZON, giving households and small businesses greater access to digital financial services.
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