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Pangilinan in no hurry finding PLDT’s new chief executive

PLDT Inc. is confident of finding a new chief executive before the end of the year.

Bill to amend CREATE Act to boost investments, enhance Philippines’ competitiveness

Proposed amendments to the Corporate Recovery and Tax Incentives for Enterprises, or the CREATE Law now pending at the House of Representatives but certified as urgent by President Ferdinand Marcos Jr., should foster more investments and enhance the country’s competitiveness, Colliers Research said Thursday.

MPIC floats tandem bid with SMC for rail line O&M privatization

Metro Pacific Investments Corp. said it is open to jointly bid with San Miguel Corp. for the privatization of the operations and maintenance of Metro Rail Transit Line 3 and Light Rail Transit Line 2.

NLEX unit wins Sto. Tomas interchange project

NLEX Corp. on Thursday won the contract to build a new interchange in Sto. Tomas, Pampanga and formally signed the agreement with the Department of Public Works and Highways (DPWH) and the Toll Regulatory Board (TRB).

Starbucks admits mistake placing cap on senior citizens, PWD, solo parents discounts

The local licensee of coffee shop Starbucks has acknowledged its “mistake” in placing a cap on the 20 percent discount that senior citizens and persons with disability are legally entitled to, and immediately ordered the removal of the “erroneous signages.”

Just in

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.

SEC raises capital requirements for stock brokers to boost market stability 

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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