A 2023 study conducted by The Economist Impact reveals that possessing proficiency in Artificial Intelligence (AI) has become an essential digital competency for Filipino workers. However, the major obstacle for those aspiring to self-educate in this field is the...
The Asian Development Bank (ADB) has approved a USD 303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries impacted by climate change and natural...
According to a recent study published by the Philippine Institute for Development Studies (PIDS), the Philippines is losing over PHP 110 billion (USD 1.9 billion) annually due to cancer. Out of this cost, around PHP 40 billion (USD 704 million) are medical costs such...
The Development Bank of the Philippines (DBP), the Philippines’ eighth-largest bank in terms of assets, is ready to extend its support to the government’s food logistics action plan. The food logistics action plan is a 3-year program that sets strategies to modernize...
Flying Tiger Copenhagen, a Denmark-based retailer, is expanding its Southeast Asian development by launching its first physical stores in Indonesia and the Philippines. The company has recently inked a franchise deal with SSI Group to open its first shop in the...
Singapore-based renewable energy and carbon developer Alcom has launched the first biochar production facility in the Philippines and registered the associated carbon credits for sale, according to their announcement on Tuesday. The Nueva Ecija rice husk biochar...
Japanese company JGC Holdings Corporation has been awarded the Engineering, Procurement and Construction (EPC) contract from the Philippines’ Energy Development Corporation (EDC) for a geothermal power generation project planned in Mahanagdong District, Ormoc...
PLDT and its wholly-owned wireless communications and digital services subsidiary, Smart, are working closely with the Armed Forces of the Philippines (AFP) to bolster the country’s cybersecurity infrastructure against cyberattacks. During the Philippine Air Force’s...
French multinational energy management and automation solutions provider, Schneider Electric, has announced plans to expand its logistics hub in the Philippines’ Cavite province. The estimated cost of the expansion project is PHP 86.3 million (USD 1.49 million)....
The Department of Budget and Management said a total of PHP 176.4 billion (USD 3.1 billion) from the Department of Transportation’s (DOTr) proposed 2024 allocation amounting to PHP 214.3 billion (USD 3.8 billion) would go to its Public Sector Infrastructure budget,...
Murata Manufacturing Co., Ltd., a Kyoto-based manufacturer of ceramic-based electronic components, has announced that it has finalized plans further to inject PHP 4.4 billion (USD 78.2 million) to expand its manufacturing facility in Tanauan City, Batangas province,...
The industrial park and real estate logistics developer and operator arm of Ayala Corporation, AyalaLand Logistics Holdings Corporation (ALLHC), is placing a significant bet on its cold storage facilities as it seeks to increase its capacity by at least four times its...
