The government is investing P1 billion to upgrade the Nationwide Operational Assessment of Hazards, better known as Project NOAH, its artificial intelligence-powered flood forecasting and hazard monitoring initiative, aiming to give authorities more time to respond to disasters and reduce damage to lives, livelihoods, and public infrastructure.
The government is positioning Mindanao as a major growth hub for the Philippines’ next wave of investment, targeting future industries such as clean energy, advanced manufacturing, digital infrastructure, agribusiness, and logistics.
Philippine Airlines (PAL) has unveiled its largest fare promotion to date, giving passengers seven days to lock in discounted tickets for flights across its wide domestic and international route network.
The Bangko Sentral ng Pilipinas (BSP) has reaffirmed its backing of the national government’s drive to develop new growth industries, noting these sectors can only take root and expand on the bedrock of economic stability and a robust financial system.
The Department of Information and Communications Technology (DICT) is ramping up action to stop the spread of nihilistic violent extremism (NVE) and other dangerous online content, responding to growing risks that expose children and young Filipinos to graphic violence, exploitation, and materials that can encourage harmful behavior.
The Department of Energy (DOE) has estimated that at least ₱7.5 billion in investments will be required to fully eliminate non-technical systems loss across the country’s power network, even as it launched the Brigada Kontra Jumper program on Monday to curb electricity theft and related abuses through the eGovPH digital platform. Systems loss refers to the gap between energy produced and energy delivered, split into technical losses—an unavoidable physical effect of power transmission—and non-technical losses, driven primarily by illegal connections, meter tampering, and power pilferage. These losses are currently passed on to all consumers as a uniform charge collected by distributors and electric cooperatives, making the issue a direct financial concern for every household and business.
Fuel prices will go up across all categories for the second consecutive week, further raising costs for households, transport operators, and businesses nationwide, the Department of Energy (DOE) confirmed on Monday. Starting 6 a.m. on August 25, per-liter prices will increase by P1.08 for gasoline, P2.31 for diesel, and P0.95 for kerosene. Seaoil has already confirmed it will implement these adjustments, with a slight difference for kerosene at a P0.91 per liter hike instead of the projected P0.95.
Emperador Inc., the listed liquor company of tycoon Andrew Tan, is re-entering the FTSE Global Equity Index Series as a Small Cap constituent, giving the Philippine-listed spirits company renewed exposure to global institutional investors.
The Department of Finance (DOF) has assured property owners and housing developers that the deferred rollout of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically lead to higher property taxes, giving local governments more time to prepare for the overhaul.