Tag: Philippine Statistics Authority

NVIDIA, the global leader in artificial intelligence and accelerated computing, is investing USD1 billion in Finnish technology firm Nokia as part of a sweeping strategic partnership to develop artificial intelligence-powered wireless infrastructure, sending both companies’ shares soaring Tuesday.

The local currency the peso weakened further on Tuesday, closing at ₱59.13 against the US dollar, as investor concerns grew over the country’s economic outlook and government spending slowdown.

Filipinos are far from fully prepared for retirement, according to the first-ever InLife Retirement Index, which gave the country a score of 47 out of 100.

The Aurora Pacific Economic Zone and Freeport Authority (APECO) signed a tripartite memorandum of agreement (MOA) with Yooshin Engineering Corporation of South Korea and Lordsbridge Resources Corporation of the Philippines to develop the Casiguran International New Port, a flagship infrastructure project aimed at establishing Aurora as a key maritime gateway to the Pacific.