The National Government (NG) has demonstrated strong annual revenue collection of just under 14 percent, record-breaking efficiency and a pivot from "windfalls" to core tax sustainability in the past four years, according to Bureau of the Treasury (BTr) data.
Primelectric Holdings Inc. is banking on cheaper power supply deals and market efficiencies to deliver the lowest electricity rates in the Visayas amid volatile global fuel prices.
The National Tobacco Administration (NTA) confirmed it has secured commitments from traders and manufacturers to buy all flue-cured Virginia (FCV) tobacco produced this season in the Ilocos Region and Abra, even though supply is well above demand.
Three new direct flights between the Philippines and China are set to strengthen air connectivity and accelerate the recovery of the country’s tourism sector, the Department of Tourism (DOT) said.
WaHiki, a New Zealand producer of dairy-free, gluten-free, and vegan coconut-based ice cream and yoghurt products, is exploring potential collaborations with Philippine firms, according to the Philippine Economic Zone Authority (PEZA).
Transport authorities are rolling out a plan to ease the squeeze from limited LRT-2 operations. Transportation Secretary Giovanni Lopez has ordered the LTFRB and LRTA to study issuing special permits for buses to run the full LRT-2 route—Antipolo to Recto and back—stopping at all stations.
Artificial intelligence can sound like the smartest person in the room, until it starts giving advice that could do real harm. Now, two physicists at The George Washington University say they may have found a way to predict when that happens, using a surprisingly simple mathematical formula.
OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.
The Securities and Exchange Commission is moving to increase the minimum capital requirement for stock brokers and dealers, aiming to strengthen financial safeguards and align the local market with international standards.