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Tuesday, 10 June 2025, 2:51 am

    Reuters

    136 POSTS

    Philippines receives $5.3 bln climate finance commitment from Canada

    Environment Reuters Reuters -
    The Philippines and the United Nations Development Program have secured Canada's commitment for $5.3 billion of climate finance, the president's office in Manila said on Wednesday.

    ADB to provide $10 billion climate finance for Philippines

    Environment Reuters Reuters -
    The Asian Development Bank (ADB) said on Monday it will allot $10 billion in climate finance for the Philippines between 2024 and 2029.

    Spotify to cut 1,500 employees in third layoff round this year

    Corporate Reuters Reuters -
    Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17 percent of its headcount, to bring down costs, after letting 600 of its staff go in January, and 200 more in June.

    Copenhagen targets $3B for emerging market greenfield renewables fund

    Energy Reuters Reuters -
    Danish investment firm Copenhagen Infrastructure Partners is looking to raise $3 billion for a new fund focused on building renewable energy projects from scratch in emerging and middle-income countries, the heads of the fund told Reuters.

    US touts climate leadership as oil and gas output hits record

    Environment Reuters Reuters -
    U.S. Vice President Kamala Harris sought to claim the mantle of global climate leadership for the United States on Saturday in a speech to the COP28 summit, listing a slew of initiatives to cut emissions and harness renewable energy in the world's largest oil and gas producer.
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    Hotel101 Madrid mamed official F1 partner

    Corporate 0
    Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.

    Satellite tech powers new PH crop insurance system

    Agriculture 0
    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.

    EastWest champions legacy planning for family enterprises

    Corporate Bulletins 0
    EastWest Bank has convened a high-level forum focused on family enterprise strategy and succession planning. The event gathered clients from EastWest’s priority, retail, and corporate banking segments, offering a structured platform to address leadership transitions and intergenerational governance.

    New firefighting robots boost Makati’s emergency response – Mayor Abby

    Context Dispatch 0
    Makati Mayor Abby Binay today said the city government recently acquired three units of the Rosenbauer Smart Firefighting Robot to further enhance the city’s modern emergency response capabilities. The mayor said the robots offer an alternative way to aid in fire suppression and rescue efforts, especially in high-risk incidents such as those involving hazardous materials, reducing the risk to rescuers’ lives. 
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    Banking & Insurance

    FIRB grants ₱20.9-B tax subsidy to boost public services

    0
    The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.
    Corporate

    Hotel101 Madrid mamed official F1 partner

    0
    Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.
    Agriculture

    Satellite tech powers new PH crop insurance system

    0
    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.
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