The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.

Philippine Amusement and Gaming Corp. expects full-ayear net profit to plunge to less than P5 billion from P17.46 billion last year, as weaker gaming revenues, economic shocks, and the cost of running its own casinos squeeze the state gaming regulator’s earnings.

The Department of Environment and Natural Resources (DENR) is scaling up bamboo plantation development nationwide, positioning the fast-growing plant as a cost-effective, nature-based solution to help communities withstand the harsh effects of the El Niño phenomenon.