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New diabetes and obesity medications promise life-changing results for Filipinos 

The Global healthcare company Novo Nordisk is introducing a new generation of obesity treatments in the Philippines, reinforcing its long-standing commitment to improving care for people living with obesity and diabetes.

GCash explains safeguards after viral “wrong send” incident 

GCash clarified that its app has built-in safety features to help prevent users from accidentally sending money to the wrong person, following a viral case involving an erroneous transfer.

Water firm rolls out summer plan amid extreme heat warnings

Manila Water Philippine Ventures (MWPV), the Non-East Zone unit of Manila Water Company, has started its summer preparedness plan as the country faces possible extreme heat in the coming months.

Insurer expands portfolio options with globally diversified income fund

Pru Life UK has launched a new globally diversified investment fund, underscoring what it calls a major shift in how investors must approach wealth building in today’s uncertain financial environment.

Philippines drops RACE, pivots to EV incentives 

The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.

Just in

Beverage group warns P20 tax could raise drink prices

A proposed P20 increase in the excise tax on sweetened beverages could push up drink prices and put further pressure on consumers and small retailers, the Beverage Industry Association of the Philippines (BIAP) warned.

Taiwan firms target PH energy, healthcare, farm gaps

Taiwanese companies are looking to expand in the Philippines by targeting gaps in energy, healthcare, agriculture, and digital infrastructure, with 125 firms showcasing technologies at Taiwan Expo 2026 in Manila.

ED Council approves key amendments to NSCR, MCIA PPP projects

The Economy and Development (ED) Council, which operates under the Department of Economy, Planning and Development (DEPDev) has given the green light to amendments covering the North-South Commuter Railway (NSCR) Operations and Maintenance (O&M) deal and the Mactan-Cebu International Airport (MCIA) public-private partnership (PPP) project, alongside adjustments to three major development programs and a review of class suspension rules.

Creative economy still has room to grow 

The Philippines is capturing only a fraction of the value of its creative economy despite the sector already accounting for about 7.6 percent of gross domestic product, according to Isla Lipana & Co./PwC Philippines.
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