Tag: bworldonline
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House eyes budget approval by Sept.
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THE HOUSE of Representatives is looking to approve the proposed P6.352-trillion national budget for 2025 before Congress goes on a break in September, House Speaker and Leyte Rep. Ferdinand Martin G. Romualdez said on Wednesday. “Aside from our commitment in approving the few remaining LEDAC (Legislative-Executive Development Advisory Council) priority…
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On Philippine-American Friendship Day we celebrate a year of historic achievements
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By MaryKay Carlson On the Fourth of July – US Independence Day and Philippine-American Friendship Day – we look back on what the US-Philippine partnership has achieved over the past 12 months. We’ve reached incredible milestones together as friends, partners, and allies, setting a bold agenda to build a more…
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PHL fiber broadband adoption ‘extremely challenging’
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THE WIDER ADOPTION of fiber broadband in the Philippines remains “extremely challenging,” but that may soon improve if the government successfully implements a project to roll out fiber-optic infrastructure in last-mile areas, Fitch Solutions’ unit BMI said.
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PHL could reap P2.6T annually from AI — Balisacan
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THE PHILIPPINE ECONOMY could gain P2.6 trillion annually if domestic businesses adopt artificial intelligence (AI), the National Economic and Development Authority (NEDA) said. “The technology is estimated to contribute $15.7 trillion to the global economy by 2030, with the Philippines potentially gaining P2.6 trillion annually if businesses adopt AI-powered solutions,”…
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Allied Care Experts (ACE) Medical Center-Legazpi, Inc. announces Annual Stockholders’ Meeting on Aug. 1 via Zoom
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8990 Holdings, Inc. to conduct annual meeting of stockholders online on July 29
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Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com. Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and…
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OPPO to unveil its newest AI Phone — the OPPO Reno12 Series 5G — on July 12
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It’s the dawn of a new era for OPPO, one of the country’s leading global smart device brands, as it welcomes its newest AI Phone, the OPPO Reno12 Series 5G on July 12. Coming in two variants, the OPPO Reno12 5G and OPPO Reno12 Pro 5G, the newest addition to…
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Angara named DepEd chief amid education crisis
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MALACAÑANG on Tuesday named Senator Juan Edgardo M. Angara as the new secretary of the Department of Education (DepEd) as the Philippines faces a learning crisis spurred by the pandemic and decades-old bureaucratic inefficiencies.
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BSP seen to have ‘slower’ easing cycle
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THE BANGKO SENTRAL ng Pilipinas (BSP) may delay its easing cycle amid continued risks to the inflation outlook, the peso’s depreciation and a hawkish US Federal Reserve, analysts said. “We expect BSP to start its cutting cycle only after the Fed (i.e., in October), which is when we also expect…
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Philippines to post huge twin deficits this year
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THE PHILIPPINES will continue to post large deficits for the current account and budget this year due to an expected increase in rice imports and infrastructure spending, Nomura Global Markets Research said. “We expect the current account deficit (CAD) to remain large and fiscal consolidation targets to be challenging this…