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“Grab has many enemies but that’s ok”

Grab Philippines on Tuesday acknowledged the resentment some hold against its bid to secure regulatory approval for its own motorcycle taxi service that at the moment seems impossibly out of reach. It does not lose hope, however, that the coveted accreditation is eventually dispensed in its favor.

BTr raises P584.86B from retail treasury bond offer

The Bureau of the Treasury (BTr) said Monday its raised a record P584.86 billion through the public offer of retail treasury bond (RTB), securing a large amount of funds the government needs to bridge the budget deficit gap.

Incremental El Niño damage moves past P300M but feared ultimately costing the economy billions

Damage to the agriculture sector attributed to the ongoing El Niño episode has climbed to P357.38 million, incrementally higher than only P109.44 million when last reported, latest data reported by the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center show.

SM Group looks to regions, local brands to drive future growth

SM Investments Corp. is looking beyond key cities and widely-known brands, and training the spotlight on local favorites and experiences to help drive SM Group’s future growth.

DOTr seeks competing proponents in Swiss challenge to Laguindingan Airport

The Department of Transportation (DOTr) is inviting local and international companies to challenge the unsolicited proposal of Aboitiz InfraCapital, Inc. to upgrade, expand, operate and maintain the Laguindingan International Airport. 

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BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.

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