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BSP tightens AML rules for casino junket operators

The Bangko Sentral ng Pilipinas (BSP) has issued new guidance requiring all institutions under its supervision to strengthen safeguards against money laundering, terrorism financing, and proliferation financing when dealing with casino junket operators.

Gov’t asset sale policies to blame for most expensive power rate regime in ASEAN

Former legislator Carlos Isagani Zarate of Bayan Muna on Tuesday criticized the Marcos administration's continued reliance on energy privatization and market liberalization, pointing to recent government data showing that the Philippines now has the highest power rates in Southeast Asia. Zarate argued that the country's staggering electricity costs are the direct result of neoliberal policies, particularly the Electric Power Industry Reform Act, which he said dismantled state control and handed public energy resources over to private corporations.

Philippines strengthens FDI data to attract more investments

The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.

Philippines stays hot as travelers spend smarter this year

The Philippines is poised to remain one of Southeast Asia's top travel destinations in the second half of 2026 as travelers embrace smarter spending habits, favoring value, convenience and careful planning over impulsive vacations.

Converge launches youth tech program to close digital skills gap

Converge ICT Solutions Inc. has launched a new initiative to equip underserved Filipino youth with technology skills, as the country pushes forward with digital transformation.

Just in

MCIA, Trip.com tie-up opens easier travel, exclusive deals for Cebu passengers

Mactan Cebu International Airport (MCIA) has partnered with online travel platform Trip.com to boost Cebu’s standing as a key travel hub, bringing more flight choices, easier booking and exclusive discounts to domestic and international commuters.

ICTSI Mexico terminal cleared for ultra-large ships 

International Container Terminal Services Inc.’s Mexican unit has secured authorization to handle deeper-draft vessels, giving its terminal at the Port of Manzanillo an edge in accommodating the world’s largest container ships.

Maynilad, K-Water consortium advances New Clark water project

A consortium led by Maynilad Water Services Inc. and Korea Water Resources Corp. (K-Water) has secured original proponent status for a proposed P14.8-billion water supply and wastewater management project in New Clark City, moving the long-term utility project into the next stage of the public-private partnership process.

DENR urges LGUs to adopt Bayawan waste management model 

Department of Environment and Natural Resources Secretary Juan Miguel “Mitch” T. Cuna called on all local government units to follow Bayawan City’s example, proving proper landfill design and solid waste management are fully achievable under Republic Act 9003.
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