After two decades backing some of the world’s earliest artificial-intelligence companies, Liu Wei has moved from investor to builder. A longtime technology enthusiast, Wei spent 18 years as an early-stage investor, including as general partner of Legend Star Ventures and founding CEO of Baidu Ventures. He has invested in and incubated more than 400 early-stage technology companies worldwide, including more than 50 focused on AI for life sciences. Today, as co-founder and CEO of BioMap, he is...
Read full articleA P42 increase in the daily wages of workers in Central Visayas will take effect on October 14, the Department of Labor and Employment announced on Sunday.
The government may lose more than P700 million monthly in collections after President Ferdinand “Bongbong” Marcos Jr. ordered the suspension of the excise taxes on liquefied petroleum gas and kerosene, the Bureau of Customs said on Sunday.
A total of P10.363 billion has been committed to modernize rice processing as the government seeks to ramp up rice procurement, the Department of Agriculture said.
A fare increase for public utility vehicles will take effect Monday, September 28, as transport groups Manibela and Piston push through with planned protests over rising fuel costs.
President Ferdinand “Bongbong” Marcos Jr. said Saturday that the government is collaborating with the private sector to develop state-of-the-art manufacturing capabilities that can compete internationally.
Culture Minister Sabeeda Thaised met with Russian Culture Minister Olga Lyubimova in Moscow to discuss cultural cooperation and preparations for the 130th anniversary of diplomatic relations between Thailand and Russia in 2027.
The National Telecommunications Commission (NTC) has issued show cause orders against DITO Telecommunity Corporation (DITO), Globe Telecom, Inc. (Globe), and Smart Communications, Inc. (Smart), imposing a P100,000 daily fine over poor mobile broadband services monitored in September 2026.
EnerVenue, a start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit, has begun manufacturing a new battery it expects to challenge existing energy-storage technologies dominated by mainland Chinese players, amid surging global demand for green energy. The California-based company can now produce 250 megawatt-hours (MWh) of nickel-hydrogen batteries annually at its factory in Changzhou, in eastern China’s Jiangsu province, and plans to raise capacity to...
The Department of Agriculture said on Saturday that a total of P6.87 billion in agricultural losses was recorded across the country as of September 26, 2026, amid the ongoing effects of El Niño.
The Department of Labor and Employment on Saturday said the P60 daily wage hike in the National Capital Region has taken effect starting September 26, 2026.
Chinese biotech deal making is moving beyond the licensing of individual drug candidates, as the country transforms from a follower to a global innovation leader, according to analysts. The latest transaction underscores that shift. Beijing-based cancer drug developer InnoCare Pharma said on Thursday that it had entered into a strategic research collaboration and licensing agreement with US pharmaceutical giant Eli Lilly that could be worth up to US$3.35 billion. InnoCare said it would use its...
The Thailand-China economic relationship is shifting from trade volume and manufacturing relocation toward direct technology transfer, with Chinese firms embedding AI, robotics, and digital infrastructure into Thailand's industrial base.