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SM Investments buys 28.79% stake in CREIT for P5-B

SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

How Millions of Linux Computers Almost Got Hacked – The Daily Guardian

In a recent discovery, Microsoft software developer Andres Freund found a backdoor in XZ Utils, a popular data compression utility used by various Linux-based computer.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 4th, 2024

The Daily Guardian: Windows feature left unupdated for 30 years

Microsoft’s Windows 11 still features a dialog box that was created almost 30 years ago, revealing the fascinating story behind its origin. Dave Plummer, a.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 25th, 2024

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.....»»

Category: newsSource:  rapplerRelated NewsMar 24th, 2024

IBM leads Google, Microsoft in race to next gen AI

Major players are vying for top position as Generative AI drives technology patent grants up by 16 percent in the last five years and applications by 31 percent,  a new patent study on AI trends showed......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Alfamart accelerates growth with more aggressive expansion

Alfamart, the minimart chain of the SM Group, is embarking on a more aggressive growth as it ramps up store expansion starting this year......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Vape products found with P151 million tax deficiencies

More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Manila Water ramps up deep well output

Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Wilcon ramps up expansion to hit 100-store goal this year

Home improvement and construction supplies retailer Wilcon Depot Inc. is ramping up its expansion this year to hit its 100-store target......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

P4.57 trillion in agency budget released

Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Aiming to be ‘stronger, faster,’ EJ Obiena begins 2024 season as Olympics nears

Filipino pole vault star EJ Obiena will see action in three events across Europe over the next two weeks as he ramps up his preparations for the Paris Olympics.....»»

Category: newsSource:  rapplerRelated NewsFeb 14th, 2024

Zamboanga del Norte ramps up dengue drive as it logs most number of cases in region

Zamboanga del Norte logs 176 dengue cases from January to February 5.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

Carlos Yulo zeroes in on pet events in Olympic medal bid

Gymnastics star Carlos Yulo goes for a more strategic Olympic buildup as he ramps up his Paris Games preparation by joining a string of international competitions in the coming months.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024