PLAINTIFFS challenging unprogrammed appropriations told the Supreme Court (SC) that the budget mechanism allows billions of pesos to move outside constitutional guardrails, weakening fiscal discipline ...

In our earlier article, “Removal of the 5-Year Validity of Receipts and Invoices,” I explained that the Philippine tax system is mostly driven by supporting documents and that the deductibility of ...

The Philippines’ manufacturing value added dropped to 15.7% of gross domestic product (GDP) in 2024, one of the lowest in the East Asia & Pacific region, according to the World Bank data. It trailed ...

Agentic AI is now 10x faster and a fraction of the cost of human labor. A billing model built around hours of human time is no longer just inefficient — it is structurally incompatible with the ...

The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from ...

MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...

ALMOST 7 out of 10 Filipino employees place stability and work-life balance at the forefront when choosing where to work, urging employers to offer flexible working options such as working from home, ...

My take on the development experience of nations is that all progress boils down to investment — specifically on the share of income that the nation sets aside for investment or what is called the ...

THE PESO dropped to a new all-time low against the greenback on Thursday as political concerns at home and rising US Federal Reserve rate hike odds weighed on sentiment. The currency sank by 26 ...

YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured approval from the Department of Energy (DoE) to begin permit processing for a proposed ground-mounted solar power project in Capiz province ...

GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal Power Plant Project in ...

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ...