To further strengthen bilateral relations between the Philippines and Israel, state-run Land Bank of the Philippines and the Israel Embassy agreed to explore more areas of collaboration to advance economic development in the country.
Maya has thrown its support behind the DOJ–Office of Cybercrime’s CyberReady Campus Tour at UP Diliman, urging stronger cooperation between government, industry, and the public to fight digital scams.
CIS Bayad Center Inc. has transferred its shares held by Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), to Kayana Solutions Inc. in a P2.7-billion transaction completed on November 4. Kayana acquired all 504,948 common shares held by the two sellers, comprising 476,895 shares owned by CIS and 28,053 shares directly held by Meralco, according to a regulatory disclosure.
Heavy borrowing by global artificial intelligence companies is pushing up Philippine bond yields and making it more expensive for local businesses to raise funds, potentially squeezing investment in the country, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. warned.
The Department of Energy (DOE) has qualified nine potential bidders covering 12 projects under the country’s first Special Green Energy Auction for Waste-to-Energy (Special GEA-WTE), marking a high-turnout milestone that promises to bolster power supply while addressing local garbage management and flood control challenges.