Ongoing flood control works continue in Binondo, Manila. — PHILIPPINE STAR/RYAN BALDEMORBy Ashley Erika O. Jose, ReporterTHE Department of Public Works and Highways (DPWH) has suspended the bidding of all locally funded projects for two weeks, in line with the government’s ongoing investigation into alleged

Workers clean and segregate assorted plastic bottles inside a junk shop in Tondo, Manila. The government is pushing for an excise tax on single-use plastics as a way to reduce the use of plastic. — PHILIPPINE STAR/RYAN BALDEMORBy Kenneth Christiane L. Basilio, ReporterTHE DEPARTMENT of

Council OKs stricter approval process for flood control projects - BusinessWorld Online                                    Portions of the revetment wall along the Tullahan River collapsed in North Fairview, Quezon

ANDREY METELEV-UNSPLASHELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) climbed in August due to higher demand and outages of several plants, according to the Independent Electricity Market Operator of the Philippines (IEMOP).Spot prices increased by 15.3% to P4.59 per kilowatt-hour (kWh) in August from

PRIMEWATERCORP.COMBy Sheldeen Joy Talavera, ReporterMETRO PACIFIC WATER (MPW), the water infrastructure investment arm of Metro Pacific Infrastructure Corp. (MPIC), is keen on acquiring Villar-owned PrimeWater Infrastructure Corp.“We still have interest but this will depend on the data they can provide,” MPW President and Chief Executive

Asiabest Group board approves P3-B capital increase, follow-on offering - BusinessWorld Online                                    STOCK PHOTO | Image by Michael Fousert from UnsplashLISTED holding company Asiabest Group International, Inc.

THE BANKERS’ Association of the Philippines (BAP) will set up a centralized system for the reporting and verification of accounts suspected to be involved in prohibited acts under the Anti-Financial Account Scamming Act (AFASA).“So, the BAP is coming out with what we call a coordinated

Del Monte Pacific Limited to hold Annual General Meeting in Singapore on Sept. 29 - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored section that allows advertisers to

REUTERSTHINKING MACHINES Data Science, Inc., an artificial intelligence (AI) and data science consultancy firm, is collaborating with ChatGPT creator OpenAI to help Asia-Pacific (APAC) organizations in scaling responsible and human-first AI adoption.“The roadmap that we have envisioned together with OpenAI is to bring this to

Synergy Grid & Development Phils., Inc. to hold Annual Stockholders’ Meeting on Oct. 16 via remote communication - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored section that