Visa and Mastercard have officially rolled out Apple Pay in the Philippines, giving eligible cardholders a new way to make contactless payments as digital wallets gain further traction in the country's shift toward a cash-lite economy.
President Ferdinand R. Marcos Jr. is seeking the passage of the proposed ProGRESS bill within the year, with the measure expected to generate billions of pesos for priority government programs while avoiding broad-based tax increases on most Filipinos.
The Bureau of Customs (BOC) collected a record P95.848 billion in July, its highest monthly revenue haul on record, as stronger customs enforcement and improved trade facilitation continued to bolster government revenues.
TikTok has partnered with the Technical Education and Skills Development Authority (TESDA)-National Capital Region to train aspiring content creators, entrepreneurs and job seekers, reflecting the growing role of the creator economy as a source of income and employment in the Philippines.
The Department of Trade and Industry (DTI) has warned consumers against purchasing FLAVA, also marketed as XFLAVA, vape products, saying the items were smuggled into the country and are not authorized for sale or distribution in the Philippines.
The country’s three major mobile network operators have pledged to work with the National Telecommunications Commission (NTC) following the regulator’s September 24 show-cause order, which threaten daily fines of P100,000 each over persistent poor mobile broadband services in key parts of Metro Manila.
Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.
The Securities and Exchange Commission (SEC) has formally introduced structured warrants, launching a new set of rules that expands the range of products available to investors nationwide.
The Bureau of the Treasury (BTr) is offering a 2.5-year retail treasury bond at a 6.875 percent coupon, giving individual investors a relatively high fixed-income option as the government taps strong demand for its latest retail debt issue.