Maynilad Water Services, Inc. (Maynilad) has been allowed to increase the tariff it charges customers but only as this relates to inflation and not the entire price adjustment mechanism, regulators said on Friday.
The Cybersecurity Council of the Philippines (CSCP) is giving government agencies, businesses, schools, and local governments a 30-day wake-up call to check their digital defenses, warning that cyberattacks are escalating faster than many organizations can respond.
Microsoft’s Outlook, Teams, and other 365 services suffered a widespread outage that stretched from Thursday into Friday, disrupting access to email, collaboration tools, and cloud-based applications across several regions.
Importers and exporters have been urged to clear shipments early as the Bureau of Customs (BOC) and the Department of Agriculture (DA) prepare for road restrictions that could disrupt cargo movements during the Philippines-hosted ASEAN activities.
More than half of foreign companies surveyed expect to increase investments in the Philippines once a trade agreement with the European Union takes effect, but the country’s bureaucratic maze could stand in the way of a much bigger economic payoff.