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The International Finance Corporation (IFC), the private investment arm of the World Bank Group, has appointed Amena Arif as its new country manager for the Philippines. In this role, Arif will focus on mobilizing private sector investments to promote job creation, mitigate the impacts of climate change, and enhance financial inclusion across the country.

For spirit producers like Brown-Forman, maker of Jack Daniel's whiskey and other alcoholic beverages, the news felt like a splitting headache after a long night. On Wednesday, shares of Brown-Forman dropped 5% due to the escalating trade tensions between the U.S. and some of its closest allies.

Manila Water Co. Inc. has been granted a patent for its innovative portable desludger by the Intellectual Property Office of the Philippines, a development that enhances the company’s ability to provide essential sanitation services to remote and hard-to-reach barangays. The new technology will enable Manila Water to offer more efficient septic tank cleaning, particularly in areas with narrow streets or difficult terrains.

Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.

As the May 2025 midterm elections approach, the proliferation of deepfakes and cyberattacks is expected to escalate, posing a significant threat to democratic processes and national security.