Japan, Philippines deepen strategic ties amid regional tensions
In a high-level working lunch, Japanese Foreign Minister Takeshi Iwaya and Philippine Foreign Secretary Enrique A. Manalo reinforced strategic cooperation between their nations, signaling growing political alignment and economic interdependence amid regional tensions.
Hotel101, Horizon in 10,000 Saudi hotel room development deal valued at USD2.5B
Hotel101 Global, the hotel development unit of listed DoubleDragon Corp., said it entered the Saudi Arabian market through a landmark joint venture with Horizon Group that aims to develop of 10,000 standardized hotel rooms valued at approximately USD2.5 billion.
ACEN joins Denmark’s CIP in offshore wind power venture
ACEN Corp., the Ayala Group’s listed energy platform, has signed definitive agreements to acquire a 25 percent minority stake in the planned 1-gigawatt offshore wind project in Camarines...
NVIDIA earnings surge despite China hit, eyes AI
NVIDIA, a global leader in accelerated computing, on Wednesday reported revenue of USD44.1 billion in its first quarter ended April—up 12 percent from the previous quarter and 69 percent year-over-year — as global demand for artificial intelligence infrastructure continued to soar. The company reported a 31 percent jump in first quarter net income to USD19.9 billion.
PH bats for MSMEs, food security at ASEAN Summit
The Philippines underscored its push for micro, small, and medium enterprise (MSME) development and food security at the 46th ASEAN Summit, with ASEAN Business Advisory Council (ASEAN BAC) Philippines chairman Joey Concepcion calling for stronger regional cooperation in agriculture and entrepreneurship.
