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Canadian firms eye Philippine tech talent, digital expansion

Canadian companies' planned USD130.89 million (P8.03 billion) investments in the Philippines could mark the next phase of growth for the country's IT and business process management (IT-BPM) industry, with demand shifting toward higher-value digital services, artificial intelligence (AI), cybersecurity, and global capability operations.

Nebraska eyes bigger farm partnership with Philippines

The Philippines could unlock fresh opportunities to modernize its agriculture sector as the US state of Nebraska seeks to expand cooperation in livestock, biofuels, and agricultural technology to help strengthen the country's food security and rural economy.

ADB trims Philippine growth outlook as inflation surges

The Asian Development Bank (ADB) has cut its growth forecasts for the Philippines, warning that the economic fallout from the Middle East conflict is dampening investments, squeezing consumer spending, and stoking inflation, even as the country remains one of Southeast Asia's fastest-growing economies.

Logistics reform targets costs, congestion, competitiveness

The government is seeking public feedback on a sweeping logistics reform that could reshape how goods move across the Philippines, tackling high shipping costs and chronic port congestion that have long weighed on businesses and supply chains.

P10.07B risk-mitigating fund set to reenergize geothermal sector

The National Geothermal Association of the Philippines (NGAP) expressed strong optimism for the future of local renewable energy following the approval of the ₱10.07 billion Philippine Geothermal Resource De-Risking Facility (PGRDF) by the Economy and Development Council. The landmark fund specifically targets high upfront exploration and initial drilling costs, which have historically acted as barrier to greenfield geothermal projects. By absorbing a portion of the financial uncertainties, the facility targets unlocking vital indigenous baseload energy, reduce the country's reliance on imported fuels, and bolster long-term energy security.

Just in

GCash cracks down on QR scams, gambling networks

GCash has stepped up its campaign against digital fraud, shutting down more than 6,700 fraudulent merchant accounts and illegal gambling sites linked to the country's QRPh payment system as online scammers adopt increasingly sophisticated tactics to target consumers.

Japan backs new BARMM aquaculture and halal feed mill project

The Government of Japan and the United Nations Food and Agriculture Organization (FAO) have launched a new aquaculture initiative in the Bangsamoro region to boost local livelihoods, curb fish production losses, and help rehabilitate inmates.

SM Investments earns top ESG, governance honors in regional survey

SM Investments Corporation (SMIC), parent of the SM Group, has been recognized in Alpha Southeast Asia’s 16th Annual Poll of Southeast Asia's Top Companies as the Philippines’ Best in Strategic CSR & ESG Reporting.

DOE pauses GEA-5 offshore wind auction 

The Department of Energy (DOE) has suspended all activities for the fifth Green Energy Auction (GEA-5), which was set to award incentives for up to 3,300 megawatts of fixed-bottom offshore wind capacity.
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