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P400-M gift aims to fight college dropouts, support PHINMA scholars

Business leader Magdaleno B. Albarracin Jr., vice chairman of PHINMA Corporation, and his wife Trinidad M. Albarracin have pledged P400 million to PHINMA Foundation Inc. to help students complete their college education.

Viral AI caricature trend sparks fraud and privacy warnings

A viral social media trend encouraging users to upload personal photos and ask AI tools to create caricatures based on their life and job is raising cybersecurity concerns.

LRTA remits P276.7M to the Treasury

The Light Rail Transit Authority (LRTA) has remitted P276.70 million in interest income to the Bureau of the Treasury (BTr), following a directive from the Department of Finance (DOF).

Filinvest Land to tap bond market anew

Filinvest Land Inc. (FLI) is returning to the debt market, with its board approving the issuance of the third tranche of retail bonds under its P35-billion shelf registration program with the Securities and Exchange Commission.

PCCI seeks fast lane for infrastructure delivery

The Philippine Chamber of Commerce and Industry (PCCI) is pushing for a “green lane” system for public works contractors, aiming to speed up infrastructure delivery and rebuild confidence in government spending.

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PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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