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IEA working to cut renewable energy costs in developing world

The International Energy Agency will work to ensure the World Bank, regional development banks and others prioritize the cost of investing in clean energy in developing countries following the COP28 summit last week, its executive director said.

How far could China-Philippines relations worsen?

China and the Philippines have ramped up rhetoric on defending territorial claims in the South China Sea, despite both calling for dialogue to settle tensions over that strategic waterway.

AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case

An American computer scientist on Wednesday lost his bid to register patents over inventions created by his artificial intelligence system, in a landmark case...

BlackBerry posts surprise quarterly profit on resilient cybersecurity demand

Canada's BlackBerry reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats.

Toyota shares slide as unit Daihatsu’s safety scandal widens

Toyota Motor's shares fell more than 4 percent on Thursday after its small-car unit Daihatsu Motor said a day earlier it would halt shipments of all of its vehicles for an indefinite period after discovering more safety-inspection irregularities.

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Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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