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Anti-POGO Act restores integrity of investment promotion rules
The integrity of the Philippines’ investment promotion framework got a boost after President Ferdinand R. Marcos Jr. signed Republic Act 12312, or the Anti-POGO Act of 2025, on Oct. 29. Lawyer Gil Taway, president and chief executive officer of Aurora…
ARTA: Greater public-private tie-up on network infrastructure needed
Stronger enforcement of policies and closer collaboration among telecommunications sector stakeholders are keys to further strengthening the rollout of network infrastructure nationwide, Anti-Red Tape Authority (ARTA) Secretary Ernesto Perez said.…
Aboitiz Power gets 25% stake in Vietnam power firm
Publicly-listed Aboitiz Power Corp. has acquired a 25-percent stake in Vietnam’s Van Phong Power Co. Ltd. (VPCL) from the shares of Sumitomo Corp. The 1,320-megawatt (MW) high-efficiency, low-emission coal-fired power…
PH BPO sector leading office landscape transformation; Firms also expanding outside Metro Manila
The Philippine business process outsourcing (BPO) industry is becoming the catalyst in the local office landscape, and is now at a “turning point” as firms are expanding outside of Metro…
SEC fines online lender Surity Cash with P1M fine for unfair debt collection practices
The Securities and Exchange Commission (SEC) has slapped Surity Cash Lending Investors Corporation, which offers personal loan through its mobile application, with PHP1-million penalty for unfair debt collection practices The…
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