Maynilad Water Services Inc. announced it will invest over P20 billion through 2027 to reduce its non-revenue water (NRW) to 25 percent, a move with significant operational and commercial implications for the West Zone water concessionaire.
The Securities and Exchange Commission (SEC) has launched SEC AInnovation, an AI-powered digital platform designed to assist the public with real-time queries on the agency’s rules, regulations, and processes.
GCash, the country's leading mobile wallet, has launched “Tap to Pay,” a next-generation contactless payment feature, through a partnership with Singapore-based fintech firm Open Fabric. The rollout marks a significant step in GCash’s expansion into near-field communication (NFC) technology, enabling users to make secure, tap-and-go transactions using their Android smartphones at any Mastercard-enabled point-of-sale terminal nationwide.
The National Security and Telecommunications Council (NTSC), an alliance of corporate security heads from the country’s leading telecommunications companies, is widening its scope by formally engaging key government and law enforcement agencies amid rising incidents of cable theft and cyberattacks nationwide.
Integrated Micro-Electronics Inc. (IMI), a publicly listed electronics manufacturing firm under Ayala Corp., announced Wednesday it is divesting its Czech Republic operations for €10.02 million as part of a broader corporate restructuring strategy.
Aboitiz Upgrade Solar Inc. (AUSI), a renewable energy affiliate of Aboitiz Power Corp., has partnered with electronics manufacturer TDK Philippines Corp. (TPC) to install a 5.65-megawatt-peak (MWp) rooftop solar PV system across two TPC facilities in Laguna.
President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.
Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.