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Lance Gokongwei joins PhilWeb board

PhilWeb has landed a heavyweight addition to its boardroom, welcoming businessman Lance Y. Gokongwei as director following his recent P2.03-billion strategic investment in the listed technology company. 

AI-powered 911 upgrade boosts Philippines’ smart tourism push

The Philippines is strengthening its emergency response system with artificial intelligence-powered upgrades to Unified 911, a move aimed at easing one of the biggest concerns among foreign tourists and expatriates—getting help quickly during emergencies despite language barriers.

Global factors slow foreign investment inflows despite strong manufacturing interest 

Foreign direct investment (FDI) slowed down during the first four months of the year, as international companies pulled back on lending and retained earnings, overriding a noticeable bump in fresh equity investments. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), this dip reflects a shift in how multinational companies are funding their local operations rather than a total loss of interest in the country's economy.

BIR digital award fuels next wave of tax reforms

The Bureau of Internal Revenue (BIR) is accelerating its digital transformation drive after winning an international award for innovation, signaling its commitment to making tax compliance easier while improving the efficiency of revenue collection.

Investors shift to capital safety with PhilLife’s new zero-volatility wealth tool

The domestic financial landscape is undergoing a major shift as Filipinos increasingly prioritize capital preservation over high-risk market exposure.

Just in

Water could become a weapon against superbugs

Water treatment usually sounds reassuringly dull: filters, pipes, perhaps a little chlorine doing its invisible housekeeping. Now, engineers are proposing something rather more dramatic—turning ordinary water into a chemistry lab capable of dismantling antibiotic-resistant bacteria and, crucially, the genetic material they leave behind.

DP World expands Southeast Asia logistics network with PH opening

DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.

Philippines, Singapore modernize tax treaty to boost investment

The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.

Semirara cuts workforce as seawater threatens Acacia mine

Semirara Mining and Power Corp. is scaling back operations at its Acacia mine as rising seawater inflows strain pumping capacity and threaten access to the mine’s remaining coal reserves.
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