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Foreign, local mix of consultants compete to win billion-dollar Davao transport project

A mix of local and international consultants look to win the project management contract of the Davao Public Transport Modernization Program (DPTMP), according to the Department of Transportation. 

Meralco seeking 660-megawatt CSP contracts preparatory to dry month power surge

The Manila Electric Company (Meralco) has started the Competitive Selection Process (CSP) for 660 megawatts of interim supply in preparation for the expected increase in demand during the dry months.

11-month NG debt rises to P14.51 trillion

The outstanding debt of the  national government in November stood at P14.51 trillion, up P27.92 billion from the level in October due mainly to the net issuance of treasury debt papers in the domestic capital market for budget support.

Commercial operation of power reserves market seen in four weeks

The Independent Electricity Market Operator of the Philippines (IEMOP) on Wednesday projected the coming online or the full commercial operation of the power reserves market before the end of the month.

SEC rejects deferment calls to implement new sustainability reporting guidelines

The Securities and Exchange Commission has adopted revised sustainability reporting guidelines and the use of SuRe forms for listed firms starting this year despite calls for the deferment of their implementation. 

Just in

Protection plan for unexpected health challenges

A specialized protection plan now offers financial coverage for the country’s three leading serious health risks — heart disease, cancer, and stroke — at an annual cost starting from just ₱215.

Foreign chambers say Philippine reforms lag investment needs

Foreign business groups are urging the Philippine government to speed up economic reforms, warning that slow implementation of existing laws could weaken the country’s competitiveness and limit investment opportunities.

BIR grants P149M tax relief to micro taxpayers 

The Bureau of Internal Revenue (BIR) has granted P149.35 million in tax relief to 2,379 micro taxpayers in three months, as participation in its one-time tax abatement program accelerates ahead of the Dec. 31, 2026 deadline.

BCDA, Pag-IBIG partner to develop housing projects

The Bases Conversion and Development Authority (BCDA) and Pag-IBIG Fund are teaming up to develop housing and other projects on BCDA-owned properties, starting with about 14 hectares in New Clark City.
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