Tag: Metropolitan Bank & Trust Co. (Metrobank)

Local government units (LGUs) across the Philippines are set to receive a record P1.19 trillion in National Tax Allotments (NTA) in 2027, marking a P129.32-billion increase from the previous year and significantly boosting fiscal capacity for provinces, cities, municipalities, and barangays.

PhilWeb Corp. has secured a P2.02-billion strategic equity investment from businessman Lance Y. Gokongwei, marking a major capital boost that will accelerate its shift toward becoming an artificial intelligence-enabled technology infrastructure provider for the regulated digital entertainment sector.

Proposed amendments to the Philippine Economic Zone Authority (PEZA) charter seek to significantly expand the agency’s autonomy, giving it broader regulatory control and faster decision-making powers in a bid to sharpen the Philippines’ competitiveness in attracting foreign direct investments.

The Philippines and Germany are moving beyond conventional trade relations toward a more strategic economic partnership centered on resilient supply chains, innovation, and sustainability, according to the Department of Trade and Industry.