CYBER LOSSES among Bangko Sentral ng Pilipinas-supervised financial institutions reached P5.82 billion in 2024, the central bank said. — REUTERSBy Justine Irish D. Tabile, Reporter FINANCIAL INSTITUTIONS supervised by the Bangko Sentral ng Pilipinas (BSP) lost P5.82 billion from cyberattacks in 2024, up 2.6%

rawpixel.com | FreepikBehind every doctor and physician is a compassionate heart and years of hard work. The medical profession is one that requires not only a deep technical knowledge of human biology, but a commitment to the arduous — often heartbreaking — work of preserving

PHILIPPINE STAR/RYAN BALDEMORTHE Energy Regulatory Commission (ERC) has approved Manila Electric Co.’s (Meralco) purchase of the remaining 290 megawatts (MW) under its 1,200-MW power supply contract with San Miguel Group’s South Premiere Power Corp. (SPPC).“After careful deliberation, the Commission resolved to add 290 MW to

CONVERGE is among the few companies in the country authorized to resell Starlink services according to Converge Chief Executive Officer Dennis Anthony H. UyCONVERGE ICT SOLUTIONS, Inc. said it projects a 5%–10% increase in enterprise revenue through its collaboration with Elon Musk’s Starlink.On Tuesday, the

PHILSTAR FILE PHOTOTHE NATIONAL GRID has an available transmission capacity of 10,260 megawatts (MW) for integrating new power generation assets, according to the National Grid Corp. of the Philippines (NGCP).In Luzon, upcoming power plants can supply up to 6,573 MW to the grid, NGCP data

CANDICE ADEA in Alice Reyes’ “Amada” — JOJO MAMANGUN FOR National Artist for Dance Alice Reyes, there is excitement in seeing the next generation of dancers take on both classic and modern pieces, requiring the exact versatility that Alice Reyes Dance Philippines (ARDP) revels in

BW FILE PHOTOLISTED Jollibee Foods Corp. (JFC) plans to raise at least $300 million through a dollar-denominated senior unsecured guaranteed notes issuance to refinance debt.“The $300 million is the minimum if you want to be listed in indexes,” JFC Chief Financial Officer Richard Shin said

Business owners and vendors in Batanes now accept payments through a Quick Response (QR) code following the launch of LANDBANK’s Cash-Lite Batanes initiative, designed to transform the province into a digital payment hub. LANDBANK, in partnership with the Provincial Government of Batanes, is leading this

MEGAWIDE.COM.PHSAAVEDRA-LED infrastructure conglomerate Megawide Construction Corp. will open the offer period for its preferred shares, valued at up to P6 billion, on Wednesday, March 26, until April 4.“We intend to use the proceeds from the offer to refinance our Series 4 preferred shares, fund our

First Philippine Holdings signs P10-B loan deal with BDO - BusinessWorld Online                                    FPHC.COMLOPEZ-LED holding company First Philippine Holdings Corp. (FPH) has secured a P10-billion loan from

BW FILE PHOTOTHE GOVERNMENT made a full award of its dual-tenor Treasury bond (T-bond) offer on Tuesday at average rates broadly in line with secondary market levels, with investors locking in still-high yields amid expectations that the Bangko Sentral ng Pilipinas (BSP) will soon resume

WIKIMEDIA-PATRICK ROQUE(Part 2)There are realistic expectations that if the Philippine’s GDP grows at an average of 6-8% in the next 20 years, our economy can attain High-Income status during the decade of 2040 to 2050, at least from the standpoint of average per capita income