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For the nth time, BSP says PhilID is official and sufficient proof of identity

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) has directed banks and other BSP-supervised financial institutions (BSFIs) to place the Philippine identification card (PhilID) at the top of the list of acceptable valid IDs, being the official government-issued ID.

ACEN Australia commits to supply Marubeni unit with renewable energy from NSW solar farm

Energy & Mining Context.ph Context.ph -
ACEN Corp. subsidiary, ACEN Australia has agreed to provide Australia-based SmartestEnergy with renewable electricity generated from the first stage of the New England Solar project in New South Wales.

PCAFI urges milk processors to go local and refrain from importing dairy

Agriculture Context.ph Context.ph -
The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is urging the government to enforce the law requiring commercial milk processors and traders to secure a portion of their milk supply from local sources.

SEC okays Oceanagold IPO

Corporate Context.ph Context.ph -
The Securities and Exchange Commission has approved the initial public offering of Oceanagold (Philippines) Inc. seen generating P7.88 billion from investors.

SM Prime plans immediate bond sale of P25 billion from a P100-billion shelf registration

Corporate Context.ph Context.ph -
Shopping mall operator SM Prime Holdings Inc. has sought the shelf registration of P100 billion worth of bonds at the Securities and Exchange Commission.
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Special bus service to fill LRT-2 service gap

Transport & Logistics 0
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

Education, Health & Science 0
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

Energy & Mining 0
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.

SEC raises capital requirements for stock brokers to boost market stability 

Corporate 0
The Securities and Exchange Commission is moving to increase the minimum capital requirement for stock brokers and dealers, aiming to strengthen financial safeguards and align the local market with international standards.
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