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SRA inaugurates Negros facility producing BMO fertilizers

The Sugar Regulatory Administration (SRA) has inaugurated a P6 million research laboratory that produces beneficial micro-organisms (BMO) at the agency’s La Granja Agricultural Research and Extension Center in La Carlota City, Negros Occidental.

Globe accelerates tower sale and leaseback deal completion; slashes 1H capex to achieve positive cash flows by 2025

Globe projects completing its tower sale and leaseback deal by the end of this year, the fourth such transaction coming off only six months from when the first three tower sales were first initiated.

PLDT, Smart and First Gen shift more Mindanao telco facilities to renewable energy

The country's leading integrated telco network PLDT Inc. (PLDT) and its wireless unit Smart Communications, Inc. (Smart) are expanding their partnership with the country's largest renewable energy (RE) producer, First Gen Corporation (First Gen) to switch six (6) network facilities in Mindanao to 100 percent RE.

End-August GIR rises to US$106.9 billion

The country’s gross international reserves (GIR), important in measuring a country's capacity to pay external obligations, rose to USD106.9 billion as of end-August 2024, according to the Bangko Sentral ng Pilipinas (BSP). 

BSP welcome new monetary board member

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has welcomed new monetary board member (MBM) Jose L. Querubin who took his oath of office at the BSP head office in Manila on 05 September 2024. 

Just in

SMHCC taps Lucas to lead SMX, launch SMXCITE

SM Hotels and Conventions Corp. (SMHCC) has named industry veteran Sherwin Lucas as general manager of SMX Convention Center Manila, entrusting him as well with leading the rollout of SMXCITE (SMX Center for International Trade and Exhibitions), the company’s flagship venue slated to rise within the Mall of Asia Complex by 2027.

Featherless.ai raises $20M to expand open-source AI platform

Featherless.ai, a fast-growing platform focused on running open-source artificial intelligence (AI), has secured $20 million in Series A funding. The round was co-led by AMD Ventures and Airbus Ventures, with support from Kickstart Ventures, BMW i Ventures, Panache Ventures, and Wavemaker Ventures.

PhilCare launches HeyPhil 3.0, bringing 24/7 healthcare access via mobile app

PhilCare has launched HeyPhil 3.0, a major update to its health app designed to give Filipinos faster and easier access to medical services.

Government halts new ride-hailing and motorcycle taxi sign-ups

Transportation Secretary Giovanni Lopez has ordered a stop to the onboarding of new drivers and riders by ride-hailing and motorcycle taxi companies.
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