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    China, Indonesia face deeper output cuts to tackle nickel price slide

    China and Indonesia are set to reduce nickel output by at least 100,000 metric tons this year as producers seek to limit losses following a slump in the price of the metal used in stainless steel manufacture and for EVs, traders and analysts said.

    Cisco launches Motific to enable groups to navigate Generative AI

    NASDAQ-listed Cisco on Monday announced the deployment of Motific, Cisco’s first software-as-a-service, or SaaS, product that allows for trustworthy and compliant generative artificial intelligence, or GenAI, in organizations. 

    IMF urges BOJ to end bond yield control, huge asset buying

    The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank's ultra-easy policy.

    Thin supply propels rates in India to fresh record high

    Prices of parboiled rice exported from top hub India extended their rally this week, rising for a fourth consecutive week to a record high as supplies remained limited.

    DICT secures two-year cybersecurity enhancement pact with JICA

    The Department of Information and Communications Technology (DICT) has signed a two-year agreement with the Japan International Cooperation Agency (JICA) to improve cyber security in the Philippines. 

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    Smuggled vehicles declared as car parts seized

    The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.

    False resort claims land Calata executives ₱4M fine each

    The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).

    Gov’t steps up support amid PUV amortization woes

    The Department of Transportation (DOTr) is ramping up assistance for transport cooperatives that have modernized their public utility vehicle (PUV) fleets, emphasizing continued support for those struggling with bank amortization. This develops following President Ferdinand Marcos Jr.'s directive to ensure that financial issues do not derail the PUV modernization program.

    DPWH launches real-time infra oversight app

    The Department of Public Works and Highways (DPWH) is streamlining infrastructure oversight with its new Fortified Operations and Maintenance Geospatial Survey (OMGS) mobile application—an innovation hailed for its policy impact on public infrastructure management.

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