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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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Security Bank CFO Yap named SME finance forum co-chair Bulletin

Security Bank Chief Financial Officer JD Yap has been named one of four co-chairs of the newly launched East Asia and Pacific Regional Chapter of the SME Finance Forum, giving the Philippines a seat at the table in regional efforts to expand financing for micro, small, and medium enterprises.

ACEN sells 49% stake in India wind project

ACEN Corp. is bringing in a new partner for an Indian wind project as the Ayala-led renewable energy company continues expanding its footprint in one of Asia’s fastest-growing clean energy markets.

Ex-Energy chief Almendras withdraws from FPH director nomination

Jose Rene Gregory D. Almendras has withdrawn his nomination as an independent director of First Philippine Holdings Corp., citing personal circumstances that would prevent him from giving the role the attention and commitment it deserves. 

SM Cebu Arena seen driving property growth

SM Prime Holdings Inc. expects the SM Seaside Cebu Arena to replicate the growth impact of the Mall of Asia Arena, using the new venue to drive foot traffic, spending, and activity across its Cebu property portfolio.

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