International news
News from wire services and other publishers.
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Hong Kong’s executives are ‘ill prepared’ for AI era, report finds
Executives at Hong Kong’s largest listed companies have a severe lack of technological expertise, with fewer than 1 per cent of directors possessing dedicated artificial intelligence or cybersecurity skills, according…
Thailand to Tighten Oversight of App-Based Ride-Hailing Services
Thailand's Ministry of Transport will intensify enforcement of ride-hailing regulations starting October 1, targeting eight platforms including Grab, Bolt, and LINE MAN
AI uptake sees wealth management headcounts in Hong Kong trail growth in assets
Hong Kong has seen strong growth in private wealth assets, but the industry has not yet seen the same scale of hiring, as private banks and wealth management companies have adopted technology including AI to serve…
US Fed’s Williams sees no urgency for next rate hike
Fed officials are increasingly worried inflation will not get back to target in a timely manner
Alternergy raises P2 billion from maiden notes issue
Alternergy Holdings Corp. has wrapped up its maiden venture into the local debt market, raising P2 billion through the issuance of fixed-rate notes that drew strong investor demand.
DA lifts poultry import ban on Albania, Indiana
The Department of Agriculture has lifted its temporary import ban on Albania and the US state of Indiana following the resolution of their respective outbreaks of high pathogenicity avian influenza or bird flu.
PCC adopts digital filing to ease legal procedures
The Philippine Competition Commission has adopted the electronic filing and service of documents, as well as the conduct of videoconferencing proceedings under new rules to streamline processes.
Financial system resources climb to P38 trillion
The total resources of the Philippine financial system rose by nearly 10 percent to P38.09 trillion in July, driven largely by the continued expansion of banks, data from the Bangko Sentral ng Pilipinas showed.
YCO Cloud, Aolani to roll out 10,000 NVIDIA AI units in Philippines
Digital infrastructure company YCO Cloud has partnered with Singapore-based firm Aolani to bring the country’s first NVIDIA Blackwell Ultra GPUs, aimed at strengthening the Philippines’ AI capacity.
Air France makes return trip to Manila
France’s flag carrier is resuming weekly flights between Manila and Paris in October, opening a direct service to Europe from the Philippines in time for holiday demand.
