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PhilMech distributes equipment under Rice Fund; allots P24.9B-fund for procurement

The Philippine Center for Postharvest Development and Mechanization (PHilMech) has distributed 26,412 farm equipment over the last four years through the mechanization program bankrolled by the Rice Competitiveness Enhancement Fund, or Rice Fund.

Globe completes deployment of cell sites powered by hybid gensets

Globe Telecom Inc. on Wednesday completed the deployment of hybrid solar power across 26 sites nationwide. Their completion forms part of their commitment to...

Lazada-IPOPhl tandem seeks out recidivist fraudsters online under new pact

Leading e-commerce platform Lazada and the Intellectual Property Office of the Philippines (IPOPHL) are partners in a program battling counterfeiting and piracy by ensuring that both seller and consumer trade safely and trust the online marketplace.

Lower nickel, cobalt prices sent Nickel Asia profit falling in 2023

Nickel Asia Corp., a listed natural resources development company, said Wednesday net income last year dropped 53 percent to P3.7 billion due to lower nickel ore...

Ayala Land merger with 34 units to improve operations, fund management 

Listed property developer Ayala Land Inc. said Wednesday it will absorb 34 companies it either owns directly or through AyalaLand Estates Inc. and AyalaLand...

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Philip Morris seeks clearer rules to expand Philippine exports 

Philip Morris International (PMI) is eyeing further investments in the Philippines, but says regulatory uncertainty, cumbersome paperwork and infrastructure gaps threaten the country’s ability to compete with regional manufacturing hubs.

Special bus service to fill LRT-2 service gap

Transport authorities are rolling out a plan to ease the squeeze from limited LRT-2 operations. Transportation Secretary Giovanni Lopez has ordered the LTFRB and LRTA to study issuing special permits for buses to run the full LRT-2 route—Antipolo to Recto and back—stopping at all stations.

A simple formula may predict when AI chatbots go rogue

Artificial intelligence can sound like the smartest person in the room, until it starts giving advice that could do real harm. Now, two physicists at The George Washington University say they may have found a way to predict when that happens, using a surprisingly simple mathematical formula.

OceanaGold boosts Didipio mine safety monitoring

OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.
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