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Building trust in the age of AI: A balancing act of ethics and innovation

July 15, 2024

(Conclusion) The challenge of artificial intelligence (AI) ethics is particularly pressing given the country’s history of social media manipulation during elections. The infamous Cambridge Analytica scandal, where AI was used to manipulate voter behavi...

SEC unveils ‘digital passport’ for online services

July 15, 2024

The Securities and Exchange Commission (SEC) is integrating all its digital services in a single online platform. It issued a circular establishing the Electronic SEC Universal Registration Environment (eSECURE), described as a “digital passport” to it...

Google Near $23 Billion Deal for Cybersecurity Startup Wiz

July 15, 2024

Deal would be tech giant’s largest acquisition ever.

Alcaraz beats Djokovic anew in Wimbledon final, records fourth Grand Slam title

July 15, 2024

By ASSOCIATED PRESS LONDON (AP) — Carlos Alcaraz defeated Novak Djokovic, 6-2, 6-2, 7-6 (4), in the Wimbledon men’s final Sunday, July 14, to collect his fourth Grand Slam title at age 21. It was a rematch of last year’s championship match on th...

‘Absolutely deserved’: Dominant Alcaraz blows away Djokovic, keeps Wimbledon title

July 15, 2024

In another display of sublime tennis, the 21-year-old Carlos Alcaraz captures his fourth Grand Slam after demolishing the record-seeking Novak Djokovic in the Wimbledon finale

5-month debt service up 48% to ₱1.2T–BTr

July 15, 2024

Reine Juvierre S. Alberto

THE national government spent P1.216 trillion to pay its domestic and foreign debts from January to May this year, according to the Bureau of the Treasury (BTr).

Peza investment approvals up 37.8% to ₱45.5B in H1

July 15, 2024

Andrea E. San Juan

THE Philippine Economic Zone Authority (Peza) said it approved P45.48 billion in investments in the first half of 2024, up 37.82 percent from the P33 billion investments it approved in the six-month period last year.

New MICE branding unreels sans updated MICE roadmap

July 15, 2024

Ma. Stella F. Arnaldo

By Ma. Stella F. Arnaldo / Special to the BusinessMirror

DOF: PhilHealth excess fund came from NG subsidies

July 15, 2024

Reine Juvierre S. Alberto and Jovee Marie N. de la Cruz

THE P89.9 billion in excess funds of the Philippine Health Insurance Corporation (PhilHealth) being channelled to unprogrammed funds did not come from member contributions but government subsidies, and will be used to bankroll vital national governmen...

Honasan: AFP hospital ships ‘wise, practical’

July 15, 2024

FORMER Senator Gregorio “Gringo” Honasan on Sunday called for the acquisition of military hospital ships under the modernization program of the Armed Forces of the Philippines (AFP), citing the need to boost the government’s disaster-readiness program...

Pimentel, Lacson push ‘designated survivor’ bill early OK in Congress

July 15, 2024

Butch Fernandez

THE Senate Minority leader and a former ranking senator pushed at the weekend for urgent passage of a “designated survivor bill” which had been left pending in the last Congress, but the absence of which could trigger a crisis in a worst-case scenari...

DA chief: ‘Bigas 29’ extended beyond Luzon by August

July 15, 2024

AGRICULTURE Secretary Francisco Tiu Laurel Jr. said the government will expand its cheaper rice program to areas outside Luzon by August.

Pagcor 6-mo net income up 121% to ₱6.56B

July 15, 2024

Reine Juvierre S. Alberto

STATE gaming firm Philippine Amusement and Gaming Corporation (Pagcor) announced its net income expanded by 121.48 percent to P6.56 billion from January to June this year, from P2.96 billion recorded in the same period in 2023, driven by increased gro...

Editorial Cartoon July 15, 2024

July 15, 2024

BusinessMirror Editorial

Image credits: Jimbo Albano

A breath of fresh air: Revitalizing our cities through the Green Green Green Program

July 15, 2024

BusinessMirror Editorial

IN today’s fast-paced and urbanized world, the value of green spaces cannot be overstated. Parks and open areas provide more than just a breath of fresh air in bustling cities—they contribute to the overall well-being of residents, help fight environm...

The collective voice of our local book community

July 15, 2024

Atty. Jose Ferdinand M. Rojas II

Some members of the local book community—readers, publishers, and authors—have reacted strongly to the “honest mistake” committed by the organizers of the Manila International Book Fair (MIBF).

Principles-based tax planning

July 15, 2024

Joel L. Tan-Torres

Conclusion

First Lady Liza Araneta-Marcos spearheads Pasig River rehab

July 15, 2024

The once heavily polluted Pasig River is undergoing a remarkable transformation. Thanks to the vision of First Lady Liza Araneta-Marcos, who is leading a high-level initiative to integrate urban planning with environmental sustainability, the river i...

Alice’s Adventures in Not-so-Wonderland

July 15, 2024

Siegfred Bueno Mison, Esq.

Part three

NGCP optimistic about ERC decision on rate reset–exec

July 15, 2024

The National Grid Corporation of the Philippines (NGCP) appealed to regulators to allow the company to recover its expenses for big-ticket projects following the energization at full capacity of the P20.94-billion Mariveles-Hermosa-San Jose Transmissi...

Globe: Scammers are getting smarter

July 15, 2024

Globe Telecom Inc. recorded a “significant decline” in blocked spam SMS messages in the second quarter of 2024, as fraudsters shifted tactics.

Stock-Market-Outlook

July 15, 2024

Last week

PGPC aims to boost Luzon power grid

July 15, 2024

The Philippine Geothermal Production Company Inc. (PGPC) is embarking on the exploration and development of new geothermal energy sources capable of generating between 250 to 400 megawatts (MW) of additional renewable energy (RE).

DOE begins another round of bidding for microgrid contracts

July 15, 2024

The Department of Energy (DOE) has commenced the second bidding for the development of microgrid systems in the country.

Tycoons warn public

July 15, 2024

Camille Villar, daughter of billionaire Manuel B. Villar Jr., and Lance Gokongwei of JG Summit Holdings Inc., warned the public about unscrupulous groups using their names in their illegal activities.

Share meeting minutes via websites, SEC tells firms

July 15, 2024

The Securities and Exchange Commission (SEC) has required listed firms to publish on their respective websites the minutes of their annual and special meetings within five days from the date of the event.

Procurement issues prompt underspending expectation

July 15, 2024

Reine Juvierre S. Alberto

ISSUES such as procurement that hound public agencies, government financial institutions (GFIs) and state-run corporations, heighten risks of underspending, according to Budget Secretary Amenah F. Pangandaman.

BSP seen slashing rates beginning third quarter

July 15, 2024

Reine Juvierre S. Alberto

THE Bangko Sentral ng Pilipinas (BSP) is seen to lower interest rates more than previously forecasted and might start cutting rates in the third quarter of 2024, according to research analysts at Nomura International (Hong Kong) Ltd.

Debts risk fiscal sustainability–Oxford Economics

July 15, 2024

Reine Juvierre S. Alberto

DESPITE advanced economies’ sustainable debt trajectory, the rising debt servicing costs, social and defense spending and climate-related greening investments pose risks to fiscal sustainability, according to the Oxford Economics Group Ltd.

Cybersecurity considerations 2024: Tech, media, telecommunications

July 15, 2024

KPMG Perspectives

AS technology, media and telecommunications (TMT) companies continue to innovate and expand, they are increasingly exposed to cyber threats and complex global regulatory requirements. Addressing these expanded cyber risks and complying with an ever-in...

Credit gap in PHL ‘big’—payment system operator

July 15, 2024

A registered Operator of Payment System (OPS) believes the credit gap in the Philippines is “big.”

PHL rice imports seen touching new record despite high prices

July 15, 2024

The country’s rice imports will reach a new record this year despite the spike in international quotations, according to a report published by the United States Department of Agriculture (DA).

Govt details strategy for boosting farmers’ income, agri productivity

July 15, 2024

Jovee Marie N. de la Cruz

The administration of President Ferdinand R. Marcos Jr. is steadfast in its commitment to enhancing farmers’ income and bolstering agricultural productivity, the National Irrigation Administration (NIA) said.

‘Young Guns’ bloc in House seeks probe into ‘birth certificate mill’

July 15, 2024

Jovee Marie N. de la Cruz and Manuel Cayon

The “Young Guns” in the House of Representatives are calling for a congressional inquiry on Sunday after reports that the National Bureau of Investigation (NBI) discovered a “mill” producing fake birth certificates for Chinese nationals in a town in D...

House to prioritize passage of ’25 national govt budget–Romualdez

July 15, 2024

Jovee Marie N. de la Cruz

SPEAKER Ferdinand Martin G. Romualdez gave assurances on Sunday that the House of Representatives will prioritize the passage of the 2025 national budget, which is expected to be submitted to Congress by the Department of Budget and Management on July...

Vice President Sara showing her desire for presidency this early – lawmaker

July 15, 2024

It may have been a slip of the tongue. The cat, nevertheless, is out of the bag, so to speak.

P29/kilo rice at 23 Kadiwa outlets by August

July 15, 2024

Agriculture Secretary Francisco Tiu Laurel Jr. said that P29 per kilo rice will be available in 23 Kadiwa outlets by Aug. 1, including in three provincial areas outside Luzon.

LPA outside Philippine may develop into typhoon

July 15, 2024

A low-pressure area outside the Philippine area of responsibility may develop into a typhoon and another cloud cluster outside PAR may also turn into an LPA, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) repo...