Artificial intelligence (AI) is beginning to reshape trade processes across the Asia-Pacific region, but adoption remains limited as economies grapple with skills shortages, infrastructure costs, as well as regulatory challenges, according to a joint study by the Bangkok-based United Nations...
The Philippines Sports Commission (PSC) announced that it is forming a fact-finding panel that will look into the tragic drowning incident of Ateneo Blue Eagles players Rene Baterbonia and Divine Adili during their team building activity in Aurora on Monday, June 8. In a statement on Tuesday, June...
The Securities and Exchange Commission (SEC) is streamlining the securities borrowing and lending framework by centralizing administrative functions with the Philippine Stock Exchange (PSE), reinforcing efforts to build a more efficient and integrated short-selling market in the country. The...
Close to 1,000 athtletes, including some from eight foreign countries, are expected to see action in the ICTSI Philippine Athletics Championships presented by the Philippine Sports Commission scheduled from June 10 to 14 at the New Clark Athletics Stadium in Capas, Tarlac. "The ICTSI Philippine...
The new Senate leadership is considering calling for a special session in order to approve all pending legislative measures and solve the plight of a number of Armed Forces of the Philippine (AFP) generals and foreign service officers, whose confirmation before the Commission on Appointments (CA)...
ILOILO CITY – The Western Visayas Anti-Money Laundering and Counter-Terrorism Task Force is investigating a foreigner allegedly behind 46 fake corporations registered in Iloilo and other parts of the country. “We have an ongoing investigation into a foreigner who faked his nationality to form...
Local sports tourism gets another big shot in the arm when the 11th Asia-Oceania Sambo Championships presented by the Philippine Sports Commission under the NST-IAC comes off the wraps on June 23 at the Ninoy Aquino Stadium. "We had expected only about 500 athletes but those numbers are swelling...
The Securities and Exchange Commission (SEC) announced that one of its directors was arrested for extortion by the National Bureau of Investigation (NBI) in an entrapment operation. The commission said the NBI and SEC coordinated in the arrest of the unnamed SEC director for allegedly extorting...
Reforms in public procurement, infrastructure oversight, and accountability must be fully carried out to ensure that the billion-peso flood-control corruption scandal does not happen again and those responsible are made to answer, according to four governance and business groups. In a joint...
The Philippines is set to secure another $1-billion loan from the World Bank in June, this time for an energy project follow-through and coupled with a $20-million grant, making the package the largest single financing commitment extended to the country by the Washington-based multilateral lender....
Twenty-five years after the Electric Power Industry Reform Act (EPIRA) restructured the country’s electricity sector, government and industry players are expected to raise a toast to “market liberalization” as a success story. Whether consumers feel just as energized, however, is another...
The Securities and Exchange Commission (SEC) is warning the public against dealing with and engaging scammers offering to facilitate unauthorized online loan and banking transactions through online messaging platforms and social media, as well as fraudsters posing as bank or government employees....
