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DOT faces P6B tourism infrastructure gap

The Department of Tourism is facing a P6.02-billion funding gap for 28 infrastructure projects after the Department of Public Works and Highways shifted responsibility for financing new and continuing tourism projects to the DOT, but the proposed funding was not included in the 2027 national budget.

₱5.52-T Green Lane pipeline stuck in pre-development

Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.

Philips shifts home security toward smart living 

Philips is repositioning home security as a lifestyle upgrade, focusing less on fear of break-ins and more on giving households control over who can enter their homes and access their valuables.

Sumitomo Mitsui, RCBC discuss growth amid Japan ties 

Senior executives of Sumitomo Mitsui Banking Corp. (SMBC) and Rizal Commercial Banking Corp. (RCBC) met recently to discuss market conditions, business priorities, and opportunities arising from closer economic ties between the Philippines and Japan.

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