EDC studies repurposing of 129-MW Leyte geothermal plant
GEOTHERMAL ENERGY producer Energy Development Corp. (EDC) is exploring options to repurpose its 129-megawatt (MW) Upper Mahiao Power Plant in Kananga, Leyte, after it...
Gov’t fully awards dual-tenor bond offering at mixed yields
THE GOVERNMENT made a full award of the dual-tranche Treasury bonds (T-bonds) it auctioned off on Tuesday at mixed rates amid market preference for...
BSP exempts PERA-UITFs from access restrictions for central bank debt
PERSONAL EQUITY and Retirement Account unit investment trust funds (PERA-UITFs) are now exempted from a foreign ownership rule that limited their access to central...
Peso extends slide as Japan elects new PM
THE PESO slid further against the dollar on Tuesday along with other Asian currencies as Japan elected a new prime minister (PM) viewed as...
Industrial policy for the Philippines
By Bernardo M. Villegas
(Part 1)
Industrial policy formulation or industrial strategy is very much the rage all over the global economy today. It has gone much beyond its...
MCAD holds fundraising auction
AS PART of its commitment to present and engage with contemporary art and culture, the Museum of Contemporary Art and Design (MCAD) will auction off locally and internationally donated artworks on Nov. 15 at the MCAD space.
A pattern of trust: Building economic and defense security with like-minded partners
By Victor Andres C. Manhit
The aggressive acts habitually and deliberately committed by the Chinese are an affront to our sovereignty and a threat to our national security. But...
French police may nab Louvre thieves but unlikely to recover their loot
PARIS — Crime gangs around Europe are increasingly robbing valuable jewels and gold from cash-needy museums like the Louvre, but while law enforcement often...
Philippines steps up push for MSMEs to adopt AI
THE Philippine government is intensifying efforts to help micro, small and medium enterprises (MSME) adopt artificial intelligence (AI), as most remain slow to embrace the technology despite widespread computer ownership and internet access.
Why we keep hunting ghosts — and what it says about us
By Alice Vernon
In 1874, renowned chemist Sir William Crookes sat in a darkened room, eyes fixed on a curtain over an alcove. The curtain twitched, and...
American Eric Lu crowned winner of Chopin Piano Competition
WARSAW — American pianist Eric Lu won the top prize at the prestigious International Chopin Piano Competition in Warsaw on Tuesday.
The decision came after...
Buyout deals for startups reach record in Japan before listing restrictions
A PLAN to cull the smallest listings on the Tokyo Stock Exchange (TSE) is spurring a record number of buyouts of young companies in...