Economy

The Department of Justice–Office for Competition (DOJ-OFC) intensified its push for transparency and accountability in government procurement, convening a two-day online workshop to help government personnel and procurement practitioners detect bid rigging and other anti-competitive practices.

The Philippines and the US are moving full steam ahead on the proposed Pax Silica industrial hub in New Clark City, aiming to secure billions in long-term AI and tech investments that transcend political cycles.

SteelAsia Manufacturing Corporation has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank, boosting the Philippine steelmaker’s low-carbon expansion plans and reinforcing regional sustainable finance momentum.

President Ferdinand Marcos Jr. has appointed Kim Robert De Leon as the new Secretary of the Department of Budget and Management, Malacañang announced Monday.

The Philippines and the United Arab Emirates are ramping up economic and technology ties under their newly signed Comprehensive Economic Partnership Agreement (CEPA), with artificial intelligence, critical infrastructure, and cross-border investments emerging as key pillars of cooperation.