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Cross reference key to validating IDs submitted under telco SIM registration mandate

Globe Telecom on Wednesday started testing new technology to validate photo ID submissions for SIM registration in collaboration with the relevant government agencies.

All transport issues negotiable except PUV modernization – Bautista

The Department of Transportation (DOTr) on Wednesday thumbed down the demand of several transport groups to terminate the government's public utility vehicle (PUV) modernization program. 

AREIT to acquire 276-hectare Zambales property via share-for-asset swap

AREIT Inc., the listed real estate arm of the Ayala Group, said Wednesday it will acquire a 276-hectare property in Zambales from Buendia Christiana Holdings Corp., a wholly owned subsidiary of ACEN Corp., via property-for-share swap valued at P6.77 billion.

Economic expansion, loan growth seen picking up pace this year

Economic expansion, measured as the gross domestic product (GDP), is seen accelerating across ASEAN and especially in the Philippines, according to latest forecasts by Fitch Ratings.

Wall Street ends lower, gold jumps as Fed minutes reveal cautious policy approach

U.S. stocks dipped on Tuesday and gold touched a two-week high while minutes from the Federal Reserve's most recent meeting showed the central bank...

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Kayana takes control of Bayad in P2.7B deal 

Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.

Bohol readies for tourist rush during ASEAN weekend

Bohol is gearing up for a potential tourism rush during the three-day ASEAN Summit holiday, with discounted flights aimed at turning the extended break into extra arrivals for the island province.

Half-a-billion time deposit math does not quite add up

Sometimes, a little arithmetic can do what a long argument cannot. It can puncture a rather large financial assumption.

World Bank: AI boom drives East Asia and Pacific growth, but high energy costs and adoption gaps pose risks 

A worldwide surge in artificial intelligence technology is giving a major boost to economies across the East Asia and Pacific region, including developing manufacturing hubs like the Philippines, according to the World Bank’s latest regional economic update released Tuesday.
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