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Oil heads for weekly fall on demand worries, dollar strength

Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.

Ayala Group takes controlling stake in EV battery swapping joint venture

Ayala Corp. said Friday that along with a Globe Telecom Inc. subsidiary, it has taken a controlling stake in an electric vehicle battery swapping joint venture with a unit of Nasdaq-listed Gogoro Inc.

LTFRB lifts ban on sale of CPCs

THE Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday announced the lifting the prohibition on the sale and transfer of Certificates of Public Convenience (CPC) for Public Utility Vehicles (PUVs).

Aurora, Quezon declared avian influenza-free provinces

The Department of Agriculture (DA) on Thursday cleared the province of Aurora and Quezon from avian influenza (AI).

China quietly recruits overseas chip talent as US tightens curbs

For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.

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DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.

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