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SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
Tesla App Adds Ultra Wideband Support for Enhanced Phone Keys – The Daily Guardian
Tesla Enhances Vehicle Security with New Software Update In a bid to further revolutionize the automotive industry, Tesla has recently announced a groundbreaking software update.....»»
A near-miss cyberattack puts US officials and the tech industry on edge
German software developer Andres Freund has uncovered a potential cybersecurity threat in the widely used open source software program XZ Utils. The discovery of a.....»»
A near-miss cyberattack puts US officials and the tech industry on edge
German software developer Andres Freund has uncovered a potential cybersecurity threat in the widely used open source software program XZ Utils. The discovery of a.....»»
OpenAI introduces AI model that turns text into video
(Reuters) – Microsoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday. The software, called Sora, is currently available for red teaming, which helps identify flaws in the AI system, as well as for use by visual artists, designers and filmmakers to gain feedback.....»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Digital times call for digital measures
The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
Suzuki Philippines unveils new Jimny 5-door, paves way for a new era of Filipino adventure
The long wait is over as Suzuki Philippines, the country’s pioneer compact car distributor, officially unveiled the New Jimny 5-door on January 25, 2024 at The Cove, Okada Manila. .....»»
‘More robust’ Philippines-Australia ties seen in Marcos Jr. visit
President Marcos vowed yesterday to act as a “bridge” that would further link the Philippines with its strategic partner Australia during his two-day visit to Canberra, which he hopes will lead to “more robust” ties between the two countries......»»
‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»
Ports regulator posts record high revenue
The Philippine Ports Authority has posted a new all time high revenue in 2023......»»
Jollibee ramps up shift to renewable energy
The Jollibee Group is ramping up its sustainability efforts this year with plans to bolster further the shift of its stores and manufacturing facilities to renewable energy......»»
DepEd’s gradual shift to old school calendar gets support
CEBU CITY, Philippines — The Department of Education (DepEd) recently announced the gradual shift to the old school calendar. The current school year, 2023-2024, will end on May 31, 2024. Meanwhile, the start of the school year 2024-2025 will be July 29, 2024 and will end on May 16, 2025, according to Department Order No......»»
Albay eyes 100 percent RE shift by 2030
The province of Albay in the Bicol Region said it plans to shift to 100 percent renewable energy by 2030 to address power outages during extreme weather events......»»
Time to shift from mining now
With the current climate crisis, there is a need to radically shift our policies and programs. There is no “business as usual” with our unusual climate......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
‘Part of something big’: Zain Mahmood sees bright future with UST Tigers
‘I think that culture shift over there is coming,’ says Filipino-Canadian teen recruit Zain Mahmood as UST tries to restore its lost UAAP men’s basketball glory.....»»
SSS revenue soars to P362 billion in 2023
The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»