The DNA Analysis Laboratory of the Natural Sciences Research Institute (NSRI) at the University of the Philippines (UP) Diliman and Manila HealthTek Inc. have signed a commercial licensing agreement for the production of a locally developed sexual assault investigation kit designed to support the...
Asialink Finance Corp. (AFC) has secured a ₱500 million sustainability-linked social facility from Taiwan-based Cathay United Bank (CUB), expanding financing to micro, small, and medium enterprises (MSMEs) in rural areas, unbanked individuals, and women-owned enterprises across the country. This...
State-run Maharlika Investment Corp. (MIC) has extended up to ₱15 billion in short-term financing to Ramon S. Ang-led Petron Corp., the country’s lone remaining oil refinery, to boost the firm’s working capital for fuel purchases. In a statement on Thursday, May 14, the country’s sovereign...
To accelerate the country’s progress toward upper middle-income status, the Philippine government has secured roughly ₱82.4 billion (221.7 billion Japanese yen) in financing from the Japan International Cooperation Agency (JICA) for two landmark infrastructure projects. Finance Secretary...
The Philippine National Police (PNP) said Sunday, March 15, that it has stepped up its campaign against street-level crimes to make communities safer and ensure faster action against offenders. Police General Jose Melencio C. Nartatez Jr., PNP Chief, cited the swift arrest of two suspects in the...
The Armed Forces of the Philippines (AFP) on Wednesday, Dec. 10, warned groups and individuals pushing for a “transition government” or a “withdrawal of support” from the current administration that such narratives, regardless of how they are worded, may amount to promoting an...
Senate Majority Leader Juan Miguel “Migz” Zubiri disclosed on Thursday, Oct. 16, that Hungary 's $33-million (P1.9 billion) loan agreement with the Philippines is set to be finalized to fund major water treatment and desalination projects aimed at improving access to clean water and...
The South Korean Embassy in the Philippines maintained that despite the suspension of a feasibility study on a possible loan deal with the country, Manila remains to be “one of Korea 's most valued partners.” “Despite current circumstances, the Philippines remains one of Korea 's...
The Department of Foreign Affairs (DFA) said that it will clarify with the South Korean Embassy in Manila a Facebook post by South Korean President Lee Jae-myung that it is cancelling the implementation of a 700-billion won (P28.7 billion) infrastructure loan to the Philippines because of...
You’ve probably clicked “add to cart,” but have you ever wondered how the product got there? That entire process is handled by a company working behind the scenes. They manage everything from inventory and shipping to customer support on a brand’s behalf. These businesses partner with...
Philippines’ largest e-commerce enabler Great Deals E-Commerce Corp. announced record-breaking revenues for June this year, surpassing its typical holiday season peak on the back of rapidly expanding customer base. Steve Sy, Great Deals founder and chief executive officer, said on Friday, Aug....
ABU DHABI, United Arab Emirates (AP) — President Donald Trump said Thursday that the United States and Iran have "sort of" agreed to terms on a nuclear deal, offering a measure of confidence that an accord is coming into sharper focus. Trump, in an exchange with reporters at a business...
