Transportation Secretary Jaime Bautista on Tuesday filed cybercrime complaints against Manibela president and former ABS-CBN reporter before the Department of Justice (DOJ) over allegations of corruption in the agency.
Japanese Finance Minister Shunichi Suzuki said on Friday he told his G20 counterparts that Tokyo may need to take "appropriate action" in the exchange-rate market as global monetary tightening could heighten volatility in currency moves.
The company behind the aborted development of a casino in Boracay Island in Aklan said talks with its Chinese partner continues in a bid to put the project back on track.
The Filipino-Swiss Triconti Windkraft Group has partnered with Sea Wind Holdings AG based in Liechtenstein to pursue a 1,500-megawatt (MW) offshore wind project in the Philippines.
The monetary board of the Bangko Sentral ng Pilipinas (BSP) on Friday approved the government plan to borrow $2.7 billion more from overseas creditors in the quarter ending September this year.
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.