The Department of Agriculture and Korea Agricultural Machinery Industry Cooperative (KAMICO) have joined hands to establish an Agri-Machinery Assembly Center in the Philippines, a project meant to increase local food production and create an industry that would export farm equipment.
Top US companies and organizations visited the country during the first Presidential Trade and Investment Mission (PTIM) to the Philippines from March 11-12.
The Department of Transportation (DOTr) and the Public-Private Partnership (PPP) Center has made it known that the development of the NCR EDSA Busway Project is pushing forward under a so-called market sounding activity they jointly conducted just days earlier.
The country's trade deficit in January narrowed to USD4.22 billion from USD5.56 billion in the year-earlier period, helped by the increase in exports and the decline in imports.
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.
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 (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.
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.