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Microsoft introduces its own chips for AI, with eye on cost

Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms that - faced with the high cost of delivering artificial intelligence services - are bringing key technologies in-house.

Government committed to temper inflation – president

President Ferdinand Marcos Jr. said on Thursday that the government is committed to bringing down inflation and maintaining overall price stability. The government will pursue...

Megawide operation in the black again after 9 months

Megawide Construction Corp. posted net income of P332.5 million over nine months this year to P332.54 million, a turnaround from losses of P970.42 million last year. 

PSE income surges 20% higher even with fewer revenue

The Philippine Stock Exchange which operates the country’s equities trading platform and owns the bonds exchange said its nine-month income increased 20 percent to P575.65 million from last year’s P480.07 million. 

Operating expense push 9-month MRSGI income lower

Metro Retail Stores Group Inc. reported net income falling 36 percent over nine months this year to only P254.6 million from last year’s P400.7 million due to higher operating expenses offset only partially by improvements in gross margins. 

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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