Top News
PLDT flags material weakness in financial controls
PLDT Inc. said it has identified a material weakness in its internal controls over financial reporting as of December 31, 2025, after a reassessment of deficiencies tied to the accounting of certain structured hedge arrangements.
Nestlé seeks evidence before higher sugar taxes
Nestlé Philippines is urging the government to take a data-driven, consultative approach to any increase in the tax on sugar-sweetened beverages, arguing that higher levies should be judged by whether they actually improve Filipinos’ health.
BIR collections beat target by P13.5B in July
The Bureau of Internal Revenue collected P13.53 billion more than its target in the first seven months of 2026, giving the government a stronger revenue base as it pushes reforms to improve tax compliance and enforcement.
Foreign investments surge 68% in 2Q—PSA data
Foreign investments approved in the Philippines surged 68.2 percent year-on-year to P115.20 billion in the second quarter of 2026, signaling stronger overseas interest in the economy even as the job-creation outlook remained less impressive.
DA taps drones, AI to boost crop protection, food security
The Department of Agriculture (DA) is exploring drones and artificial intelligence to foresee and address crop concerns, aiming to raise farm output and strengthen the country’s food security.
