The budget deficit projected this year to equal 6.1 percent of local output measured as the gross domestic product (GDP) is seen steadily diminishing over five years when it rounds the period to only 3 percent of GDP, the Development Budget Coordination Committee (DBCC) said.
Britain's national grid has started removing components supplied by a unit of China-backed Nari Technology's from the electricity transmission network over cyber security fears, the Financial Times reported on Sunday.
Stores Specialists, Inc., a wholly-owned subsidiary of listed SSI Group Inc., has taken a 40 percent stake in PRADA Philippines Inc., a joint venture...
The National Irrigation Administration (NIA) has accelerated the completion of big-ticket projects, starting with the P1.276-billion Balbalungao small reservoir irrigation project (SRIP) in Lupao, Nueva Ecija.
The Bank of the Philippine Islands (BPI) earned six prestigious awards at the 2025 Asian Banking & Finance (ABF) Retail Banking Awards, further cementing its position as a leading force in the Philippine banking industry.
The Department of Energy (DOE) has launched eight new petroleum service contracts (PSCs) in a renewed push to strengthen the Philippines’ energy independence and reduce reliance on imported fuel.
Japan and the Philippines continue to strengthen their maritime defense cooperation, with Japanese Ambassador Endo Kazuya reaffirming Tokyo’s commitment to supporting Manila’s maritime security capabilities during the Blue Economy Annual Trade & Conference (BEACON EXPO 2025) held at the Mall of Asia.
Global cybersecurity firm Kaspersky has warned Filipinos of the growing danger posed by deepfake technology and urged the government to implement stronger legislation to combat this emerging cyber threat.