Globe Telecom welcomed Executive Order No. 119 signed by President Ferdinand R. Marcos Jr. on July 13, calling it a major step to strengthen the country's cybersecurity and build public trust in digital government.
Netflix shares tumbled 7.3 percent on Friday after the streaming giant issued a third-quarter revenue forecast that fell short of Wall Street expectations, overshadowing another quarter of solid earnings and steady subscriber engagement.
Retailers are warning of another wave of price increases as surging fuel prices, higher electricity rates and a new minimum wage squeeze businesses already operating on thin margins.
The Federation of Philippine Industries (FPI) said reforms at the Bureau of Customs (BOC) are giving manufacturers a lift, citing tougher anti-smuggling enforcement, faster trade processing and stronger revenue collection as key drivers of a more competitive business environment.
The Bureau of Customs (BOC) has launched a two-pronged effort to ease cargo congestion at the Ninoy Aquino International Airport (NAIA), combining immediate operational measures with an interagency task force aimed at resolving long-standing bottlenecks across the country's major ports and airports.
Law enforcers dismantled an unregistered fertilizer manufacturing facility in Barangay Sta. Monica, Rizal, Nueva Ecija in a joint raid on July 15. They seized 500 bags of fake fertilizer, 21 granulator machines and several trucks valued at about P900,000.
Nearly half a million Filipino fisherfolk depend on the West Philippine Sea for their livelihoods, making the area critical not only for territorial claims but also for the country’s economy and food supply. Speaking at the 10th anniversary commemoration of the 2016 South China Sea Arbitral Award, Agriculture Undersecretary for Fisheries Drusila Esther E. Bayate emphasized that securing fishing communities is key to strengthening food security, economic resilience and national sovereign rights. Official records show 453,246 registered fisherfolk live in areas along the West Philippine Sea, with the largest groups in Palawan, followed by Pangasinan, Batangas and Cavite.