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Samsungs Profits Soar Due to AI Boom
Samsung Electronics is expecting a surge in demand for artificial intelligence (AI) and facing a shortage of high-end chips in the market. The tech giant’s.....»»
China blocks use of Intel and AMD chips in government computers – report
The procurement guidance also seeks to sideline Microsoft Windows and foreign-made database software in favor of domestic options, a Financial Times report says.....»»
Japan invests $4.8 billion in TSMC plant, emphasizing importance of cutting-edge chips for future industries
Japan has announced plans to provide an additional ¥732 billion in subsidies for Taiwan Semiconductor Manufacturing Co. (TSMC) to expand its plant in the country......»»
Government OKs higher 60,000 MT potato imports at lower tariff
The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»
Delicious fruit products from the Philippines are best-sellers in the EU market
Starting off in 2008 with an initial capitalization of P5 million, the company produced banana chips, with the first export in 2014 to the United States......»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Canadian in P9.68 billion shabu haul nabbed
A Canadian tagged as the prime suspect in smuggling 1.4 tons of shabu worth P9.68 billion seized in Alitagtag, Batangas last month was arrested in Tagaytay on Thursday night......»»
Missing beauty pageant bet: Raps vs ex-cop junked
The charges filed against a former police major and a driver tagged in the disappearance of beauty pageant candidate Catherine Camilon have been dismissed......»»
Alleged informant in leaked PDEA docs is dead — dela Rosa
MANILA, Philippines – Senator Ronald “Bato” Dela Rosa revealed that the confidential informant tagged in the alleged leaked Philippine Drug Enforcement Agency (PDEA) documents is already dead. Dela Rosa said the informant was identified as a certain “Ian” based on information he received from former PDEA agents. “Ang pangalan ng confidential informant na yan naglaglag.....»»
Fourth most wanted for murder in Central Visayas nabbed in Negros Oriental
CEBU CITY, Philippines – A woman tagged as the Top 4 Most Wanted for Murder in Central Visayas was finally apprehended by law enforcement units in Purok 3, Brgy. San Miguel, Bacong, Negros Oriental on early Thursday morning, May 9, 2024. The arrested most wanted person was identified as alias “Commander Crystal.” She was caught.....»»
6 behind murder of police captain in Maguindanao del Norte attack
Six, not just one gunman as earlier reported, were tagged in the brutal killing of a police captain at the public market in Parang town in Maguindanao del Norte on Thursday, two of them policemen with master sergeant ranks......»»
BIR files rap vs accountancy firm tagged in P200-M worth of fake receipts
The Bureau of Internal Revenue (BIR) filed criminal charges against corporate officers and an accountant of a trading company for using more than P200 M worth of fake receipts......»»
Notorious gunman named suspect in bar fight killing in Cebu City
CEBU CITY, Philippines – A notorious gunman was tagged as one of the suspects in the killing of a man outside a bar along Pelaez Street in Barangay Kalubihan, Cebu City last March 6. The assailant, who’s allegedly been involved in multiple shooting incidents, was finally apprehended last week in Barangay Pahina Central after months.....»»
Anti-Terrorism Council redesignates CPP-NPA as terror group
The Anti-Terrorism Council (ATC) has maintained the terrorist designations of the Communist Party of the Philippines – New People’s Army (CPP-NPA) as well as the Islamic State East Asia (ISEA) and other Daesh-linked groups and has tagged an individual linked to various activities of communist rebels as a terrorist......»»
Canadian tagged in Batangas drug haul
A manhunt is underway for a Canadian linked to 1.4 tons of shabu with an estimated street value of P9.68 billion seized at a police checkpoint in Alitagtag, Batangas on Monday......»»