PPPs cited as better option for government infrastructure
Public?Private Partnerships (PPPs) are the preferred mechanism for delivering large-scale government infrastructure, according to two key public officials.
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PhilCare launches tech-enabled health care plan in tieup with Hi-Precision Diagnostics
PhilCare, a premier health maintenance organization in the Philippines, has entered into a partnership with Hi-Precision Diagnostics to introduce the Precision Care product line. This collaboration aims to provide Filipinos with streamlined, technology-enabled health care plans that combine emergency coverage with the diagnostic expertise of Hi-Precision's nationwide clinic network.
‘ASEAN must harmonize rules to combat illicit tobacco trade’
ASEAN member-states must harmonize their trade rules to plug loopholes that are being exploited by transnational crimes to proliferate illicit tobacco trade, a Japan Tobacco International (JTI) Philippines official said.
Central bank writes off P2.8 billion in past-due loans
The Bangko Sentral ng Pilipinas wrote off P2.8 billion in past-due loans in 2025 as it moved to clean up long-standing legacy exposures and refocus its credit operations on its role as lender of last resort.
Philippines ‘on track’ to hit deficit-to-GDP target
The government remains on track to meet its fiscal deficit target this year, with the deficit-to-gross domestic product (GDP) ratio projected at 5.45 percent for the full year, according to the Department of Finance.
BIR slaps P2.23 billion tax evasion case vs POGO firm
The Bureau of Internal Revenue has filed a tax evasion case with the Department of Justice against Hongsheng Gaming Technology Inc., which operated offshore gaming activities in the Philippines, over alleged tax violations resulting in P2.23 billion in tax deficiencies.
RLC sees higher share of investment portfolio
Property giant Robinsons Land Corp. expects the share of its investment portfolio in its revenue mix to rise further over the next two years as it continues to beef up its recurring-income businesses.
SM Warehouses scales up logistics footprint
SM Warehouses, a unit of integrated property developer SM Prime Holdings Inc., is expanding its footprint as logistics and warehouse demand in the country rises.
Epson expands operations to include industrial robots
Epson Precision Philippines Inc. is investing over P40 million to expand its operations in Batangas to include the manufacture of industrial robots, according to the Philippine Economic Zone Authority.
MAP: Business outlook muted for Q4
Businesses have a muted outlook for the rest of the year but remain hopeful that conditions will improve next year, according to the Management Association of the Philippines.