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PNP cracks down on tobacco smuggling networks

The Philippine National Police (PNP) is tightening its grip on illicit tobacco trade, reporting major enforcement gains in the first half of 2026 as intelligence-led operations and stronger coordination with prosecutors begin to translate seizures into court cases.

DICT launches first phase of Mindanao integrated government network

The Department of Information and Communications Technology (DICT) has officially opened Phase 1 of the Mindanao Integrated Government Network, part of the larger National Fiber Backbone project. This initiative advances the country’s digital transformation goals to build a more connected Philippines.

Subic Port rides trade surge to stronger growth

The Subic Bay Metropolitan Authority (SBMA) reported a 20 percent increase in port-related revenues in the first quarter of 2026, generating P389 million compared with P324 million a year earlier. The performance highlights the port's growing role as a strategic trade gateway and an increasingly attractive alternative to the heavily utilized Port of Manila.

BSP commends DOLE for boosting financial literacy, inclusion among workers

The Bangko Sentral ng Pilipinas (BSP) has praised the Department of Labor and Employment (DOLE) for its efforts to promote financial planning, savings, microinsurance, and the Personal Equity and Retirement Account (PERA) among private-sector employers and workers.

BPI Wealth launches peso share classes for global investment funds

Ayala-led Bank of the Philippine Islands (BPI)’s wealth management arm, BPI Wealth, has introduced peso-denominated share classes for two of its established global investment funds. This development removes the need for investors to hold foreign currency to access international markets, making global investing more accessible to Filipino investors.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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