The Philippines, with support from the World Bank and the United Kingdom, has launched a $1-billion agriculture transformation program aimed at modernizing farming, improving food security, and helping farmers adapt to climate change.
Ombudsman Jesus Crispin Remulla on Friday ordered the six-month preventive suspension of Senate Sergeant-at-Arms Mao Aplasca as investigators from the people’s watchdog examine Wednesday night’s shooting inside the Senate. Remulla said the suspension was necessary to prevent possible interference in the probe. Aplasca, the Senate’s chief security officer and custodian of its CCTV footage, reportedly fired the first warning shot that triggered the incident. The Ombudsman’s investigation will focus on the chain of events, handling of security protocols, and preservation of evidence tied to the shooting. Remulla, a former justice secretary, stressed that accountability and an impartial inquiry are essential while authorities determine responsibility
Property Company of Friends, Inc. (Profriends) has renewed its partnership with Archipelago Builders Corporation(ABC) to continue the development of Westwind, a residential project inside Lancaster New City. The agreement covers the construction of Westwind’s second building.
The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.
TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.
The Securities and Exchange Commission or SEC-registered Sulit Lending Corporation has officially launched its digital lending app PeraSure, offering easier credit access to millions of Filipino workers without regular payslips.
The Department of Transportation (DOTr) is urging lawmakers to reinstate the P12.8-billion allocation meant to buy new train sets for Light Rail Transit (LRT) Line 2, after the fund was dropped from the 2027 budget proposal submitted to Congress.
The Philippines has opened a new channel for regional cooperation on infrastructure financing, private investment and job creation after convening the first dialogue between Association of Southeast Asian Nations (ASEAN) finance ministers and World Bank Group (WBG) President Ajay Banga.
The Bureau of Internal Revenue (BIR) has cautioned electronic invoicing service providers against charging excessive fees as businesses prepare for the government’s mandatory electronic invoicing system, with compliance due by December 31, 2026.