Tourism-related payments and government procurement are set to move faster and become more accessible as the Department of Tourism (DOT) rolls out a nationwide digital system powered by Landbank of the Philippines. Under a memorandum of agreement signed on Jan. 13, the DOT will adopt Landbank’s...
The Philippines faces a tightening power supply as rising temperatures signal the start of the dry season, prompting energy officials to shore up reserves and fast-track stalled capacity to meet the projected surge in consumption. Energy Secretary Sharon Garin stated that while the Luzon grid...
Land Bank of the Philippines is seeking to raise at least ₱5 billion through a new offering of sustainability bonds, marking its latest push to funnel private capital into environmental and social development projects. The state-run lender is marketing the debt as Agriculture, Sustainability,...
I remember the first time I read a forecast about artificial intelligence that truly made me pause. It wasn’t marketing hype or an analyst’s sales pitch. It was a deep scenario exercise called AI 2027, authored by Daniel Kokotajlo, Eli Lifland, Thomas Larsen, Romeo Dean, and Scott Alexander,...
TAGAYTAY CITY, Cavite — Saying that it is a critical time for public servants, with trust in institutions fragile and citizens closely watching not only government promises but actual delivery, the head of the Development Academy of the Philippines (DAP) urged government scholars to become...
Most Filipino adults believe corruption remains deeply entrenched in government, according to the latest nationwide survey by Pulse Asia Research, Inc., conducted amid a series of high-profile corruption scandals and political controversies in late 2025. Results of Pulse Asia’s December 2025 Ulat...
The National Grid Corporation of the Philippines (NGCP) is waiting for final regulatory approval on two ancillary service agreements that are still delayed, despite initial approvals, due to ongoing disputes between the grid operator and power producers over contract rates. Data released by the...
Beginning with pure profit intent, the controversial Maharlika Investment Fund has metamorphosed into a “deemed national development tool,” with income now a secondary goal. So said Stephen CuUnjieng, investment banker and chairman of the Maharlika Investment Committee, during a recent FINEX...
The National Grid Corporation of the Philippines (NGCP) is calling for more stringent grid-integration policies following the entry of the massive Terra Solar project, warning that the surge in intermittent renewable energy could jeopardize the stability of the nation’s power system. While the...
As the Philippines ushers in the New Year, the Philippine Red Cross (PRC) called on the public to turn goodwill into action by donating blood and giving patients a new lease on life. While holiday festivities may be over, the demand for blood remains constant, PRC said. PRC noted that hospitals...
Investment & Capital Corporation of the Philippines (ICCP) expects a new wave of real estate investment trust listings to reach the local market, driven by proposed regulatory changes and the shifting interest-rate environment. The Securities and Exchange Commission (SEC) is moving to amend rules...
Under Article XIII, Section 9 of the 1987 Constitution, the State is mandated to make decent housing and basic services” available to underprivileged and homeless citizens at an affordable cost. However, the wanton increase in Real Property Taxes (RPT)—which have surged by as much as 2,300...
