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Europe launches AI one-stop shop with supercomputers for startups

Europe's startups will get easier access to artificial intelligence-dedicated supercomputers to help them develop general purpose AI models as part of a new one-stop shop to boost take up of the technology, the European Commission said on Wednesday.

Oil edges up 1% on big US crude withdrawal, China stimulus

Oil prices edged up about 1 percent on Wednesday on a bigger-than-expected U.S. crude storage withdrawal, a slump in U.S. crude output, Chinese economic stimulus, geopolitical tensions and a weaker dollar.

World stocks pick up, China markets struggle

Global stocks neared one-month highs on Tuesday, after the Bank of Japan left monetary policy unchanged, bolstering the yen and Japanese stocks, while Chinese equity investors took little heart from speculation of a huge government rescue package.

Philippines c.bank: rate hike transmission significant

The pass-through effect of the Philippine central bank's series of rate hikes since 2022 has been "quite significant", a senior Bangko Sentral ng Pilipinas official said on Friday.

Waning supplies prop up India rates to 4-month peak, Thai prices rise

Reuters - Prices of parboiled rice exported from top hub India jumped to their highest level in four months this week, while strong demand and shrinking supplies supported rates for the Thai variety.

Just in

LG opens new HVAC Academy and Innovation Center in Pasig, bringing advanced building solutions closer to Filipino users

LG Electronics Philippines has officially launched its new HVAC Academy and Business Innovation Center (BIC) in Pasig City, creating a dedicated space to boost knowledge and showcase the brand’s latest technologies. The facility serves as a hub for engineers, contractors, architects, and business partners to sharpen their skills and experience LG’s commercial solutions directly. It combines hands-on technical training with live demonstrations covering smart building systems, information displays, IT tools, and commercial laundry technologies.

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice 

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice Corporate bulletin After years of keeping its main activities centered in Metro Manila, the Public Relations Society of the Philippines (PRSP) is making history this October 14 as it returns to Cebu and names its first-ever Visayas Regional Chair in its 69-year existence. Titled “STEWARDING PRSP: Amplifying Voices, Building Trust,” the one-day event will gather PR and communications professionals, government and corporate leaders, educators, and students to push for stronger regional representation, better professional standards, and truthful, responsible communication across the country. Doris Isubal-Mongaya, founder and chief executive officer of PRWorks Inc., will officially take on the role of PRSP Visayas Regional Chair — a milestone meant to give Visayas-based practitioners a clearer, louder voice within the national PR community. New members from the region will also be formally inducted into the society during the gathering. “PR cannot be Manila-centric if we want to build a stronger profession,” said PRSP President Ana Pista, APR. “The stories, challenges and expertise of our regions must be part of the national conversation. This is what it means to steward PRSP.” The event will run across two venues. The morning session, from 8:30 a.m. to noon at Event Screen 2 on the third floor of SM City Cebu, focuses on advancing professional practice through the PRSP Professional Development Program. Topics will cover measuring communications effectiveness, handling crises, and communicating responsibly — including the ethical use of artificial intelligence — led by industry experts Jeremiah Rodrigues of CARMA, Paul Michael de Quiros of Full Circle Communications, and Pista herself. This session is open to government and corporate professionals with a registration fee of ₱2,000. In the afternoon, the program shifts to the THINKaMuna: Media and Truth Forum, held from 1 p.m. to 5 p.m. at the Cube Wing Atrium of SM Seaside City Cebu in partnership with MediaQuest Holdings Inc. and THINKaMuna Pilipinas. The free public forum will tackle the spread of misinformation and disinformation and their impact on public trust. Speakers include Mon Isberto of MediaQuest and THINKaMuna Pilipinas, Bea Coronel of TikTok Philippines, and closing remarks from Pista. It is open to all students, educators, and industry practitioners. This Cebu gathering marks a key step in PRSP’s broader push to expand its regional footprint — bringing professional training, leadership opportunities, and advocacy closer to those working outside Metro Manila. The event is made possible through the support of sponsors PMFTC Inc., Meralco, and CARMA.

Analyst flags P1M card charges in Duterte impeachment trial

A forensic financial analyst on Friday identified more than P1 million in credit-card transactions involving retail stores and a restaurant in Japan, Malaysia, and the Philippines during proceedings in Vice President Sara Duterte’s impeachment trial, as House prosecutors scrutinized the financial records of Duterte and her husband, lawyer Manases Carpio.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.
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