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BCDA targets P165B in new partnerships over three months

The Bases Conversion and Development Authority (BCDA) is targeting about P165 billion in additional investment partnerships within three months, expanding its development pipeline in agriculture, energy and aviation while seeking to turn rising private-sector interest into sustained government revenues and jobs.

Over 9M Philippine credentials compromised in Q3 2026: Cyber threats escalate sharply 

Cyber threats across the Philippines have intensified significantly this year, with more than 9 million user credentials compromised in the third quarter alone, according to the latest Cyber Threat Landscape Report from Viettel Cyber Security (VCS). The figure marks more than double the 4.3 million recorded in the same period last year, bringing the year-to-date total to over 28.3 million—nearly three times the full-year count for 2025.

GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Just in

Cosco Capital profit rises to P11.96B on grocery strength

Strong grocery sales at Puregold and S&R lifted Cosco Capital Inc.’s net income by 12 percent to P11.96 billion in the first nine months of 2026, cushioning weaker earnings from its liquor distribution and energy businesses.

New BIR chief maps out 5-year digital overhaul, anti-corruption drive

New Bureau of Internal Revenue (BIR) Commissioner Rolando Ligon Jr. is planning a five-year technology overhaul to modernize tax administration, close corruption vulnerabilities and improve compliance, while promising tougher enforcement against deliberate tax evasion.

The electric car is no longer asking for permission

The Philippine automotive market is beginning to look like a family reunion where everybody has arrived in a different vehicle, but everyone wants to talk about electricity. There are fully electric sedans, plug-in hybrid pickups, hybrid SUVs, and battery-powered crossovers competing for attention. The gasoline engine has not been invited to leave, but it is beginning to notice that the conversation has changed.

Panga exits PEZA after 28 years, cites 100,000 jobs

Tereso Panga is ending 28 years at the Philippine Economic Zone Authority (PEZA), citing more than 100,000 jobs created during his leadership as his most meaningful contribution to the investment promotion agency.
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