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Fully foreign-owned wind energy company catches 440-MW contractsfor 25 years

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) has awarded Mainstream Renewable Power wind energy contracts to develop onshore projects in Luzon and the Visayas with combined output of 440 megawatts.

India prices strike record high on doubts over export levy

Agriculture Context.ph Context.ph -
India's rice export prices surged to a record high this week as traders sought clarity over how the export levy is calculated, while those in Thailand awaited fresh supplies to hit the market.

IOC ups pressure on IBA: boxing could be axed from 2024 Olympics

Sports & Entertainment Context.ph Context.ph -
The International Olympic Committee (IOC) has increased the pressure on the ruling boxing body IBA by threatening to axe the sport from the program of the 2024 Games in Paris.

Novo Nordisk tackles harm from Ozempic fakes with global authorities

Education, Health & Science Context.ph Context.ph -
Novo Nordisk's CEO on Friday said the company was working with authorities in several countries to tackle counterfeit versions of its popular diabetes drug Ozempic, as new reports emerge of patient harm across the world.

BSP declares stamped dollar notes as exchangeable currency bogus information

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) informs the public that it has not issued any directive that US Dollar “notes with stamps (money changer)...
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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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