Memorare to honor 100,000 WWII war-dead
By Joan Orendain WREATHS will be laid, and taps resound through Intramuros, when Memorare Manila 1945 commemorates 29 deadly days in February 1945. From Feb. 3 to March 3, 1945, 100,000 non-combatants died from Japanese atrocities: infants were tossed in the
British Business Investments backs Twin Path Ventures with £10m AI fund to power UK tech growth
Twin Path Ventures, the UK’s leading pre-seed investor in AI-first start-ups, has received a £10 million commitment from British Business Investments. The agreement, spread over the next three years, is designed to expand Twin Path’s capacity to nurture emerging tech founders
BPOs see competitiveness boost from CREATE MORE
PETR MAGERA-UNSPLASHTHE Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is expected to enhance the competitiveness of the information technology and business process management (IT-BPM) industry, an industry association said. “This landmark
Building permit approvals fall ahead of rate easing
PHILSTAR FILE PHOTOAPPROVED building permits declined 10.8% in December, a turnaround from the 1% growth posted a year earlier, the Philippine Statistics Authority (PSA) reported. The PSA, citing preliminary data, said building projects covered by the permits numbered 10,809 in December,
Durian exporter ships P8.2-M order to China
BW FILE PHOTO/DAVAO CITY company Maylong Enterprises Corp. completed its first frozen durian shipment to China valued at P8.2 million. In a statement on Thursday, the Department of Agriculture (DA) said the shipment consisted of 1,050 boxes of frozen durian meat
Bunker traders ordered to comply with sulfur standards for marine fuel
PIXABAYTHE Department of Energy (DoE) said it is requiring traders of marine fuel, known as bunker, to comply with fuel quality standards for sulfur content. In a department circular dated Jan. 28, the DoE said sulfur content in residual marine fuel
DBM, DepEd sign joint circular on teacher career progression
PHILIPPINE STAR/ WALTER BOLLOZOSTHE Department of Budget and Management (DBM) and the Department of Education (DepEd) signed a joint memorandum circular to guide the career progression of teachers and school heads. In a statement on Wednesday, the DBM said the joint circular
Gov’t agencies post 78% Jan. cash utilization rate
BW FILE PHOTOTHE cash utilization rate posted by government agencies was 78% in January, according to the Department of Budget and Management (DBM). The National Government, local governments, and government-owned and –controlled corporations (GOCCs) used P233.80 billion worth of notices of
AI deepfakes a concern for PHL companies
REUTERSPHILIPPINE companies must upgrade detection and infiltration methods to protect consumers against artificial intelligence-(AI) generated deepfakes, according to mobile app security solutions provider Appdome. “The reality is the line between what’s real and not real is not that bright anymore, and
Global minimum tax seen eroding attractiveness of PHL incentives
PATRICK SEMANSKY/POOL VIA REUTERS/FILE PHOTOBy Kenneth Christiane L. Basilio, Reporter THE GOVERNMENT may need to rethink its reliance on tax incentives for attracting investment with the onset of global minimum tax rules, the Congressional policy think tank said. The Philippines should also