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Meralco taking baby steps toward nuclear power generation

The Manila Electric Co. (Meralco) is assessing the practicality of using modular power reactors and currently works with the Ultra Safe Nuclear Corp., an American company, in a pre-feasibility study.

Bautista builds 5 more bike lanes in Luzon

The Department of Transportation (DOTr) on Monday broke ground at its various bike lane projects in Lipa and Batangas City as well as in Antipolo, Cainta, and San Mateo in Rizal. 

T-bill rates mixed at auction of P15B debt paper

Treasury bill (T-bill) yields were mixed at Monday’s auction, with average rate on the 91-day debt paper up slightly from previous auction after data last week showed inflation accelerating in August. 

Telco enlists Singapore’s mobile device insurer as partner

Globe Telecom Inc. has partnered with Singapore's technology-driven bolttech to roll out Gadget Xchange, a new mobile device program that will make postpaid device switching easier. 

FDI continues to weaken in June – BSP

Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.

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Cesar Virata leaves a legacy of service 

Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.

ICTSI’s Rijeka terminal reaches 4M TEU milestone

International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) at its Adriatic Gate Container Terminal (AGCT) in Croatia since taking over operations in 2011, underscoring the Port of Rijeka’s growing role as a gateway to Central and Southeast Europe.

Philippines-Oman pact targets energy, infrastructure investment 

The Philippines and Oman have concluded negotiations on an investment protection agreement that could strengthen the Gulf state’s participation in Philippine projects spanning energy, infrastructure, agribusiness and technology.
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