<?xml encoding=”utf-8″ ?????????> The UK government has disbanded the independent advisory board of its Centre for Data Ethics and Innovation (CDEI) without any announcement amid a wider push to position the UK as a global leader in AI governance. Launched in June 2018 to drive a collaborative, multi-stakeholder approach to […]
Philippines sells $611 million in RDBs
THE PHILIPPINE government on Wednesday raised $611.2 million (P34.8 billion) at an auction of its second onshore retail dollar bonds (RDBs). Tenders at the rate-setting auction hit $636.2 million, slightly above the $636 million on offer at […]
Boards approve minimum wage hikes in 3 Philippine regions
TESDA.GOV.PH REGIONAL wage boards on Wednesday approved increases in daily minimum wages in Cagayan Valley, Central Luzon and the SOCCSKSARGEN region, according to the Labor department. The Regional Tripartite Wages and Productivity Board of Cagayan Valley approved […]
House OKs 2024 budget bill
PHILIPPINE STAR/MICHAEL VARCAS By Beatriz Marie D. Cruz, Reporter THE Philippine House of Representatives on Thursday night approved on third and final reading the P5.786-trillion national budget for next year. The 2024 budget is 9.5% higher than […]
Senate, House ratify PPP bicam report after seesaw
PHILIPPINE STAR/ MICHAEL VARCAS The Senate and House of Representatives on Wednesday ratified the Bicameral Conference Committee report that reconciled disagreeing provisions of a bill that seeks to boost private sector participation in state infrastructure projects, after […]
Philippine Q3 growth may hit 5.2%
PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE Philippine economy would probably expand by as much as 5.2% in the third quarter — still below the government’s target — after posting its slowest […]
Philippine Q3 growth may hit 5.2% — report
PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE ECONOMY would probably expand by as much as 5.2% in the third quarter — still below the government’s target — after posting its slowest […]
IT-BPM sector on track to hit revenue goal, boost GDP share
BW FILE PHOTO By Justine Irish D. Tabile, Reporter THE PHILIPPINE information technology and business process management (IT-BPM) industry is on track to hit its $35.4-billion (P2- trillion) revenue target by yearend, propped by US outsourcing companies, […]
House recalls ratification of PPP bicameral report
PHILIPPINE STAR/ MICHAEL VARCAS THE HOUSE of Representatives on Wednesday recalled the ratification of the Bicameral Conference Committee report that reconciled disagreeing provisions of a bill that seeks to boost private sector participation in state infrastructure projects. […]
Stablecoin issuers risk disrupting funding markets, JPMorgan says
STABLECOIN issuers vying for assets in the short-term funding space risk disrupting the market after the US Federal Reserve limited access to a key facility, according to JPMorgan Chase & Co. The central bank decided in April that money funds created for the sole purpose of accessing its overnight reverse […]