Corporate
OpenAI valued at $80 billion after deal, NYT reports
Microsoft-backed MSFT.O OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times reported on Friday, citing people with knowledge of the deal.
Business, trade groups denounce P100 legislated wage hike as a burden for MSMEs, informal workers
Most major trade and business organizations in the Philippines have expressed strong opposition to the Senate-proposed P100 minimum wage increase, warning of grave consequences for micro, small and medium enterprises (MSMEs) and the millions of workers in the informal sector.
Maynilad laying down P2.7B new pipes over four years to limit non-revenue water loss
Maynilad Water Services Inc. is spending P2.7 billion over four years to limit its high water loss and bring down its non-revenue water (NRW) in the City of Manila.
Aboitiz’s big bet on data science bears fruit
In 2019, the Aboitiz Group donated US$10 million to the Asian Institute of Management (AIM) to establish the Aboitiz School of Innovation, Technology, and...
Ayala Land redeveloping all four flagship malls all at once with a budget of P13 billion
Ayala Land Inc. on Thursday said it will spend P13 billion to redevelop beginning this year four of its malls in Metro Manila and Cebu to keep up with changing commercial conditions generated by the end of the pandemic.
