MANILA, Philippines — The government is targeting to start construction of the sprawling Subic-Clark-Manila-Batangas (SCMB) Railway as early as 2027, positioning the project as a...

FOREIGN direct investment (FDI) net inflows to the Philippines jumped by 35% year on year in June, even as they fell to a two-month low,...

IN preparation for the Philippines’s fourth round of Mutual Evaluation in 2027 which shall be conducted by the Financial Action Task Force, the central bank...

THE Department of Public Works and Highways (DPWH) and the Japan International Cooperation Agency (JICA) signed a technical cooperation agreement to boost Philippine capacity for...

MANILA – Qualified export-oriented enterprises (EOEs) may claim refunds on value-added tax (VAT) paid on eligible local purchases and importations while waiting for the issuance of...

The Department of Information and Communications Technology (DICT) has named Clark and Bataan as primary anchor sites for the country’s push for data center investments,...

MANILA, Philippines — Metro Manila’s wage board approved a new P60 daily minimum wage increase in an attempt to deliver the first tranche of a...

MANILA – The ratio of non-performing loans (NPLs) to total loans at Philippine banks rose in July this year. Latest data from the Bangko Sentral...

THE IT and Business Process Association of the Philippines (IBPAP) said it launched with industry partners a coalition that will invite foreign companies to locate...