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New York court claims jurisdiction over Bangladesh Bank heist case vs RCBC

The Supreme Court of the State of New York has denied motions filed by Rizal Commercial Banking Corp. (RCBC) and its current and previous employees seeking to dismiss the suit initiated by Bangladesh Bank in connection with the 2016 cyber heist.

Warner Chappell Music Philippines signs global publishing deal with ABS-CBN Music

Warner Chappell Music Philippines announced having signed a worldwide publishing agreement with ABS-CBN Music, under ABS-CBN Film Productions, Inc. (AFPI), which has one of...

ACEN receives feasibility study grant for Australian pumped hydro project

The clean energy company said that if found feasible, the project will start construction in 2025 and should be operational before 2030. The project is a large-scale, long duration renewable energy storage facility meant to support several nearby wind and solar assets. 

DA provides free seeds and fertilizers to qualified corn growers

Under Memorandum Order 6 – 2023, an 18-kilogram bag of genetically modified or hybrid corn seeds or 20 kilograms of improved open-pollinated variety corn seeds plus two bags of inorganic fertilizers are provided for each hectare of planted corn.

Renewable energy as transportation power source under tripartite study

The Department of Energy (DOE) has signed an agreement with Pilipinas Shell Petroleum Corp. (PSPC) and Shell Energy Philippines, Inc. (SEPH) for the conduct of a pilot electric vehicle (EV) charging station inquiry run by renewable energy (RE) sources such as solar.

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Japan backs Pasig infrastructure, strengthens PH ties

Japanese Ambassador Endo Kazuya met with Pasig City Mayor Victor Ma. Regis “Vico” Sotto at the temporary Pasig City Hall to discuss ongoing cooperation and future partnerships.

Philippines shows strong AI interest but struggles to scale – study

A new study by ST Telemedia Global Data Centres (STT GDC) finds that companies in the Philippines are eager to adopt artificial intelligence (AI) but face major challenges in expanding its use.

PCCI back pragmatic review of coal moratorium

The Philippine Chamber of Commerce and Industry (PCCI) on Wednesday threw its support behind a government review of the country’s moratorium on new coal-fired power plants, calling the move a “pragmatic” response to intensifying energy security risks.

ADB chief Masato Kanda announces bid for second term 

Masato Kanda, president of the Asian Development Bank, announced he will run for reelection when his current term ends on November 23, 2026.
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