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Filinvest REIT net profit declines in 2023 to P1.28 billion

Filinvest REIT Corp., the listed real estate investment trust of the Gotianun Group,  said Tuesday unaudited net income last year slipped to P1.28 billion from P1.31 billion in 2022 as rental and other revenues slipped to P3.0 billion.

BTr raises P584.86B from retail treasury bond offer

The Bureau of the Treasury (BTr) said Monday its raised a record P584.86 billion through the public offer of retail treasury bond (RTB), securing a large amount of funds the government needs to bridge the budget deficit gap.

GoTyme Bank seeks distinction as first among lenders accredited under BSP’s coin deposit machine program

Digital-only GoTyme Bank on Monday bared optimism in catching the distinction as the first among lenders to be accredited under the massively popular coin deposit machine program of the Bangko Sentral ng Pilipinas (BSP)

DA responds to El Niño impact in Mindoro, calls for local state of calamity declaration to free-up more funds

To mitigate the adverse impact of the El Niño phenomenon in Mindoro, Agriculture Secretary Francisco P. Tiu Laurel, Jr., on Monday mobilized a rapid response team to deliver urgent aid to the island’s farmers and fisherfolk. The deployment aims to provide immediate relief and assess agricultural damage caused by the prolonged dry spell.

Joint MPIC-RSA tollway company seen organized within the year

The Metro Pacific Investments Corp. (MPIC) on Monday said the proposed joint undertaking with business tycoon Ramon Ang for a new tollway company is seen established within the year.

Just in

Cisco and NVIDIA make AI infrastructure practical 

If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.
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