Globe plans P56B for AI-driven infrastructure expansion
GLOBE TELECOM, Inc. said it is allocating P56 billion this year for network upgrades, infrastructure expansion, and data center investments as the listed telecommunications company expands the use of artificial intelligence (AI) across its operations and enterprise services.
Cine Europa screens full-length films, documentaries for free
THE 29TH EDITION of Cine Europa is set to kick off on May 28 and will run until July 4 in Metro Manila, Tacloban, and Cagayan de Oro. Twenty European films will be screened for free over the course of the festival.
San Miguel signals continued investments despite headwinds
SAN MIGUEL CORP. (SMC) said it would continue investing in projects aligned with domestic growth despite a sharp decline in first-quarter (Q1) net income...
Pop band ALYSON releases sophomore album
FILIPINO city pop band ALYSON is set to drop their latest album, AFTER OURS, later this week. It marks their sophomore effort and further...
Megaworld widens office leasing footprint in Bulacan, Bacolod, Davao
TAN-LED Megaworld Corp. is adding around 51,000 square meters (sq.m.) of office space across projects in Bulacan, Bacolod, and Davao as the property developer...
Filmmakers shift towards cautious acceptance of AI’s inevitability
CANNES, France — If Xavier Gens had waited until now to make his 2024 Netflix hit Under Paris about a giant shark in the...
T-bill yields surge as war heightens inflation fears
THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Monday as yields surged, with prolonged Middle East conflict continuing to push up...
What’s in your drinking water?
By Chit U. Juan
Have you ever thought about how industry cleans its influent water to make it effluent and finally cleaned and treated so you can use...
Metro Manila developers stall expansion plans amid headwinds
METRO MANILA real estate developers are pushing back expansion plans as they prioritize liquidity and safeguard their balance sheets, property consultancy firm Cushman &...
Banks’ Q1 net profit rises to P104.8 billion
THE PHILIPPINE banking sector booked a slightly higher combined net income in the first quarter despite the onset of the Middle East war, data...
A proposed budgeting code — but where are the guardrails?
By Florencio B. Abad
The proposal to adopt a Philippine Budgeting Code is both timely — and long overdue.
For decades, the country’s budgeting framework has been held together...
85,000 sq.m. of Grade A office space to enter Davao by 2029 — PRIME
DAVAO’S office sector will see an influx of office space with approximately 85,000 square meters (sq.m.) entering the market in three years, according to...