The post-pandemic digital age is accelerating faster than ever, and it is reshaping how businesses operate and adapt. But as technology advances, businesses that fail to evolve risk becoming outdated more quickly than before. Spain’s IE University has studied the rising career trends, such as...
The Civil Aeronautics Board (CAB) has slapped AirAsia MOVE, the online booking arm of Malaysia-based AirAsia, with a ₱6-million penalty for its alleged misleading and overpriced fares. Earlier this month, Department of Transportation (DOTr) Secretary Vince Dizon ordered AirAsia MOVE to cease...
Despite the reported ceasefire between Israel and Iran, Sen. Raffy Tulfo reminded the Department of Transportation (DOTr) to still continue monitoring the average price of the Dubai crude oil to ensure that the fuel subsidy for PUV drivers and riders will be promptly distributed once its price has...
The Philippines signed an agreement with the United States (US) for technical assistance in the construction of the Subic-Clark-Manila-Batangas (SCMB) Railway, a major component of the Luzon Economic Corridor (LEC), which is expected to attract investments. The Department of Transportation (DOTr)...
Despite delays, the Metro Manila flood control project being funded by loans from the Washington-based World Bank Group (WBG) and the China-led Asian Infrastructure Investment Bank (AIIB) has so far benefitted over half a million residents in flood-prone areas. “To date, more than 600,000 people...
The Philippines’ fuel ethanol consumption is projected to grow by as much as five percent this year, as the steady growth of car sales and the government’s large-scale infrastructure projects drive high demand beyond conventional fuel sources, according to the United States Department of...
The Department of Trade and Industry (DTI) said prices of basic necessities and prime commodities remain stable despite the recent surge in fuel prices. In a statement, the DTI said it is actively working with local manufacturers to maintain the current prices of goods despite a hike in fuel prices...
The Department of Transportation (DOTr) is targeting to start the privatization of the operations and maintenance (O&M) of Light Rail Transit Line 2 (LRT-2) before the year ends, as the government eyes further improvements to the rail line. Transportation Secretary Vince Dizon said the agency has...
Senate President Francis “Chiz” Escudero is considering filing a bill that would grant standby authority to the Department of Finance (DOF) or the President to temporarily reduce oil taxes in response to global fuel price spikes triggered by geopolitical crises, such as the ongoing Iran-Israel...
The Department of Energy (DOE) has announced the winners of the third round of its Green Energy Auction (GEA-3), bringing in renewable energy sources including pumped-storage hydropower, impounding hydropower, geothermal, and run-of-river technologies. In a statement, the DOE said that several...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel is warning consumers against buying imported onions after samples taken from a public market in Manila tested positive for E. coli. Last week, Laurel ordered a more stringent campaign against onion smuggling after finding imported red...
President Marcos’ chief economic manager has ordered the finalization of a cooperative agreement between the Bureau of Customs (BOC) and its Hong Kong counterpart to enhance trade facilitation. Currently a draft, the bilateral customs cooperative arrangement also aims to protect consumers “from...
