DOF pushes wider sugar tax, rates up to P40
The Department of Finance (DOF) is pushing a broader and potentially more costly sugar tax, proposing excise rates of up to P20 on beverages using caloric sweeteners and P40 on those containing high-fructose corn syrup.
SM, DMCI revamp Dominion for mining push
SM Investments Corp. and DMCI Holdings Inc. are reshaping Dominion Holdings Inc. as they move to build the listed company into a major Philippine mining group through the consolidation of copper and gold assets.
PEZA to approve first IT center in Manila
Manila is poised to get its first Philippine Economic Zone Authority-accredited information technology center as developers move to tap renewed demand for IT-BPM and technology facilities in Metro Manila.
PH broadens AI industrial strategy beyond Clark
The Philippines is pursuing a more distributed artificial intelligence-driven industrial strategy that could spread advanced manufacturing, chip design, critical-mineral processing, and computing infrastructure across the country rather than concentrate the emerging technology ecosystem in New Clark City.
MCIA earns back-to-back Asia-Pacific airport recognition
Mactan-Cebu International Airport (MCIA) has strengthened its standing among Asia-Pacific airports, earning a second consecutive recognition for passenger experience as its private operator pursues investments in infrastructure, technology, connectivity and sustainability.
