International news
News from wire services and other publishers.
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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.
Security Bank retail banking head steps down
The retail banking head of Security Bank Corp. is stepping down in December as the lender undertakes a broad leadership reorganization involving more than a dozen senior officers.
SEC opens market to structured warrants
The Securities and Exchange Commission is broad ening the range of investment products available to investors in the country by introducing structured warrants.
Are we losing our edge?
The IT and Business Process Association of the Philippines last week presented a preview of the Philippine IT-BPM Roadmap 2028 during the International IT-BPM Summit held at Okada Hotel in Parañaque, ahead of the…
DOE orders monthly fuel cost reports
Oil firms are now required to submit monthly reports on the cost components of liquefied petroleum gas and kerosene as part of the review of the excise tax suspension.