PH, Czech Republic eye agricultural trade, technology cooperation
The Philippines and the Czech Republic have reached mutual understanding on several agricultural issues to improve bilateral trade and widen technology transfers between the two countries, particularly in livestock and dairy production and water management.
LRMC announces leadership changes ahead of LRT-1 extension line opening in 4Q
The Light Rail Manila Corporation (LRMC) on Monday announced key leadership changes ahead of the opening of the LRT Line 1 Cavite extension by the fourth quarter of 2024.
Philippine Airlines posts record income in 2023 on strong air travel recovery
Philippine Airlines said Monday a strong recovery in the travel and tourism industry drove its net income last year to a record USD379 million, a 92 percent increase from the USD197 million posted in 2022. This is the highest net profit for PAL, excluding restructuring gains.
Philippine firms mostly at risk against cybersecurity threats, Cisco study
Only 1 percent of organizations in the Philippines have the "mature" level of readiness needed to be resilient against modern cybersecurity risks, according to 2024 Cybersecurity Readiness Index of NASDAQ-listed firm Cisco. Cisco developed the index to assess the readiness
Local lender scales up climate-friendly project with IFC help
Security Bank Corporation, one of the country's best capitalized private universal banks, is collaborating with the International Finance Corporation (IFC) to scale up its green financing business and strengthen its institutional framework to support the attainment of its sustainability goals.
