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Kayana takes control of Bayad in P2.7B deal 

Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.

Bohol readies for tourist rush during ASEAN weekend

Bohol is gearing up for a potential tourism rush during the three-day ASEAN Summit holiday, with discounted flights aimed at turning the extended break into extra arrivals for the island province.

Half-a-billion time deposit math does not quite add up

Sometimes, a little arithmetic can do what a long argument cannot. It can puncture a rather large financial assumption.

World Bank: AI boom drives East Asia and Pacific growth, but high energy costs and adoption gaps pose risks 

A worldwide surge in artificial intelligence technology is giving a major boost to economies across the East Asia and Pacific region, including developing manufacturing hubs like the Philippines, according to the World Bank’s latest regional economic update released Tuesday.

How IceCube captured elusive particles from space

At the South Pole, where the landscape offers little in the way of distractions, scientists have spent years waiting for almost nothing to happen.

Just in

DTI mandates certification for nicotine pouches

The Department of Trade and Industry (DTI) has placed nicotine pouches under mandatory product certification, giving manufacturers and other industry players 12 months to meet new standards before uncertified products can no longer be sold in the Philippine market.

SMC unit redeploys capital via Meralco stake sale, shifts focus to renewables

San Miguel Global Power Holdings Corp. (SMGP) is unlocking value from its long-held Meralco minority stake, selling the shares to Metro Pacific Investments Corp. (MPIC) to free up capital for renewable energy projects and align resources with businesses where it holds direct operating control.

SEC halts 3 firms’ illegal investment solicitation

The Securities and Exchange Commission ordered three entities to immediately stop soliciting public investments without required registration and licenses.

BDO Life approves claim same day, delivers swift relief to Benedicto family

Most families expect complicated paperwork, long waits and added stress when filing an insurance claim. For the Benedicto family, the experience proved surprisingly fast and straightforward, turning a difficult moment into one of reassurance.
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