The country’s largest business group and investment promotion agencies (IPAs) expect the government’s new investment promotion framework to encourage the entry of capital aligned with global growth trends, such as artificial intelligence (AI). Management Association of the Philippines (MAP)...
Reforms in public procurement, infrastructure oversight, and accountability must be fully carried out to ensure that the billion-peso flood-control corruption scandal does not happen again and those responsible are made to answer, according to four governance and business groups. In a joint...
The Department of Budget and Management (DBM) is adding electric vehicles (EVs) to the list of common-use supplies and equipment that government workers can buy through its official e-commerce platform. The expansion, finalized during a recent green technology product rollout by the Procurement...
Philippine economic growth needs “a major impetus” after slowing to its weakest pace since the pandemic recovery period, with rising inflation, higher interest rates, and the prolonged Middle East conflict expected to weigh on the country’s property sector, according to property consultancy...
The domestic contact center industry is projected to grow revenues by five percent to more than $35 billion this year, driven by the sector’s resilience amid external pressures and the growing role of artificial intelligence (AI) in customer experience. The Customer Xperience Association of the...
Government agencies posted weaker spending efficiency in the first four months of 2026, although they continued to utilize the bulk of their cash allocations compared to the same period last year. According to the latest data from the Department of Budget and Management (DBM), the overall...
The Malabon City government will again hold a cash-for-plastic recycling collection drive on May 28, offering cash incentives in exchange for recyclable polyethylene terephthalate (PET) bottles. The initiative will be led by the City Environmental and Natural Resources Office (CENRO) in...
President Marcos’ newly appointed budget chief vowed a sweeping crackdown on fiscal leaks and corruption during his first official address on Wednesday, May 20, drawing a hard line against the repeat of recent infrastructure funding controversies that have plagued public infrastructure spending....
A nearly seven-year-old policy that froze new Philippine Economic Zone Authority (PEZA) ecozone approvals in Metro Manila may need to be revisited as compliant office space in key central business districts (CBDs) becomes increasingly scarce, according to property consultancy Colliers. In a May 19...
President Marcos has appointed Department of Budget and Management (DBM) Undersecretary Kim Robert de Leon as the country’s new Budget Secretary, making him the youngest person to head the agency. Presidential Communications Office (PCO) Undersecretary Claire Castro announced De Leon’s...
The Marcos administration’s infrastructure spending plunged by more than two-fifths in the first quarter, dealing a significant blow to state-led economic momentum as agencies tightened oversight following the high-profile corruption scandal. According to the latest national government...
More than a decade after the World Bank approved financing for the Cebu Bus Rapid Transit (BRT) Project, the flagship urban transport initiative remains far from achieving its original objectives, with only a short section of the corridor substantially completed before the loan expires in...
