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Tag: bworldonline

  • ‘High incidence’ of money laundering seen in gaming

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    THE PHILIPPINES is likely to exit the “gray list” of the Financial Action Task Force (FATF) soon despite a “high incidence” of money laundering, mainly in the gaming sector, Moody’s said.

  • 3 German firms considering PHL expansions, PEZA says

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    THE Philippine Economic Zone Authority (PEZA) said three German companies in the automotive, semiconductor, and pharmaceutical industries are planning to expand their Philippine operations. In a statement Sunday, the investment promotion agency (IPA) said it found out about the expansion plans after business-to-business meetings on a visit to Germany this…

  • Government eyes sale of assets to GSIS, SSS

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    THE FINANCE department is aiming to raise around P100 billion from the sale of government assets, mainly to the Government Service Insurance System (GSIS) and the Social Security System (SSS). “We need to privatize a lot but we’re going to sell them most likely to GSIS. We’re offering them to…

  • SB19, BINI, SunKissed Lola, Flow G & Puregold debut the ultimate OPM collaboration with the ‘Nasa Atin ang Panalo’ music video

    SB19, BINI, SunKissed Lola, Flow G & Puregold debut the ultimate OPM collaboration with the ‘Nasa Atin ang Panalo’ music video

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    After weeks of building anticipation and dropping hints on their social media platforms, Puregold has finally unveiled the music video to the new song “Nasa Atin ang Panalo.” Released this past May 25, the video is a must-watch for Pinoy pop fans. It serves as the ultimate collaboration of four…

  • Domestic trade value, volume climb in Q1

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    The domestic trade in goods in the first quarter grew by 46.7% year on year to P389.42 billion, the Philippine Statistics Authority (PSA) said on Friday. This was also faster than the 12.8% growth and larger than the P326.56 billion recorded in the fourth quarter of 2023, preliminary data from…

  • Philippines says China Coast Guard rules a provocation

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    MANILA – Philippine Defense Secretary Gilberto Teodoro said on Friday that China’s rules about how its Coast Guard can operate in the South China Sea were a matter of international concern, describing them as a provocation. China, which has maritime sovereignty disputes with the Philippines and other claimant countries in…

  • Government to counter the rise of cybercrime rate

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    Aligned with the Philippine Development Plan (PDP) 2023 to 2028, President Ferdinand R. Marcos Jr. adopted the National Cybersecurity Plan (NCSP) 2023 to 2028 to address the rising number of cyber threats and serve as a whole-of-nation roadmap in cyberspace.   “We are strengthening all our efforts anti-cybercrime, from detection and…

  • Canva gets new UI makeover, AI-powered magic studio upgrade

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    All-in-one visual communication platform Canva, Inc. announced its new user interface makeover, workforce tools, and upgraded artificial intelligence (AI) powered magic studio feature. “Every part of Canva from the editor to the homepage has had a glow-up. It’s a clutter-free editor, we’ve thought about hero in your content and making…

  • BSP seeks to curb forex speculation

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    THE BANGKO SENTRAL ng Pilipinas (BSP) will only intervene in the foreign exchange (forex) market to “control the speculation,” its top official said.

  • Can solar power be farmer-friendly?

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    Now that technological breakthroughs have revealed solar power’s potential as a source of electricity and have scaled its development across countries looking to decarbonize their energy systems, an opportunity cost in land use has inevitably emerged. While sunlight can be inexhaustible during sunny days, solar facilities require a lot of…