A private sector initiative led by the Systembrand Group is driving efforts to increase overseas Filipino workers’ (OFWs) participation in the Philippine capital market, with a focus on real estate investment trusts (REITs).
The Blockchain Council of the Philippines (BCP) has partnered with the Department of Public Works and Highways (DPWH) to introduce the Integrity Chain, a blockchain-based platform aimed at enhancing transparency, accountability, and public trust in national infrastructure projects.
Security Bank has named Victor Lee Meng Teck as its incoming president and chief executive officer (CEO), effective in early January 2026. Lee, a seasoned Singaporean banker with over 30 years of experience, will succeed Sanjiv Vohra, who has led the bank through significant transformation during his tenure.
The proposed safeguard duty on imported cement is drawing strong support from industry and business groups, who claim it will not trigger price hikes but is essential to protecting the local cement industry and jobs.
The Sandiganbayan has ordered the graft trial of former Anti-Red Tape Authority (ARTA) chief Jeremiah Belgica and four other former officials to proceed, rejecting their appeals to halt the case.
Finance Secretary Ralph Recto on Tuesday cautioned senators against approving a proposal to cut the value-added tax (VAT) rate from 12 percent to 10 percent, warning that such a move could significantly increase government debt and risk a credit rating downgrade.
A high-level delegation from the United Arab Emirates (UAE) visited the Bangko Sentral ng Pilipinas (BSP) as part of the "Philippine Government Experience Exchange Retreat" held recently.
President Ferdinand R. Marcos Jr., along with Department of Public Works and Highways (DPWH) Secretary Vince Dizon, visited Cagayan on Tuesday to inaugurate and inspect major infrastructure projects aimed at improving traffic mobility, flood control, and irrigation in the region.