Most major trade and business organizations in the Philippines have expressed strong opposition to the Senate-proposed P100 minimum wage increase, warning of grave consequences for micro, small and medium enterprises (MSMEs) and the millions of workers in the informal sector.
The Bureau of the Treasury will proceed with the regular treasury bill auction on Monday but has cancelled an earlier plan to offer 10-year treasury bond next week.
The Department of Agriculture (DA) will implement rice farming strategies that require less water, allowing farmers to continue planting rice in the face of El Niño.
The Department of Transportation on Friday awarded to the San Miguel Group the P171 billion contract to rehabilitate, operate and maintain the Ninoy Aquino International Airport (NAIA), the country’s main international gateway.
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.