THE PESO inched down on Thursday as the Organization of the Petroleum Exporting Countries agreed to cut output to support oil prices. — BW FILE PHOTO THE PESO slipped versus the dollar on Thursday after oil exporting countries announced an output cut, fanning inflation concerns. The local unit closed at P58.653 against the greenback on […]
PHILIPPINE STOCKS declined on Thursday after a three-day climb on profit taking and after the world’s major oil-producing countries agreed to cut output, which may affect inflation. The Philippine Stock Exchange index (PSEi) went down by 54.32 points or 0.9% to close at 5,934.27 on Thursday, while the broader all shares lost 20.19 points or […]
PHILIPPINE STOCKS eked out gains on Wednesday despite the release of data showing inflation reached a new peak last month. The Philippine Stock Exchange index (PSEi) inched up by 0.87 point or 0.01% to close at 5,988.59 on Wednesday, while the broader all shares gained 9.50 points or 0.29% to end at 3,219.98. Philstocks Financial, […]
Singapore, Sep 28, 2022 – (ACN Newswire via SEAPRWire.com) – Join Corinium’s Data and Analytics in Healthcare ASEAN on October 18 and learn how healthcare can use data and analytics to revolutionise patient experience. Attracting everyone from hospitals to government, insurers to community health, you will hear how the leading minds in healthcare are making […]
TOKYO, Sep 26, 2022 – (JCN Newswire via SEAPRWire.com) – Fujitsu Limited and Tohoku University today announced the start of a strategic alliance to accelerate the shift towards preventive healthcare and the realization of a ‘Well-being Society’ in which no one will be left behind. Within their joint project, the two parties will cooperate on […]
LENOVO GROUP LTD. is hoping to offer its analytics, artificial intelligence (AI), and other solutions in the Philippines as businesses digitize, generating more demand for data centers. Citing the growing need for businesses and public services to be customer-centric, Lenovo believes in the strength of demand for “smarter solutions through technologies like cloud computing, analytics […]
THE PESO strengthened against the dollar on Tuesday on market expectations of slower August US consumer inflation. The local unit closed at P56.77 per dollar on Tuesday, gaining nine centavos from its P56.86 finish on Monday, based on data from the Bankers Association of the Philippines. The peso opened Tuesday’s trading session at P56.80 per […]
THE PESO may rebound against the dollar this week as its recent decline and expectations of still-elevated August inflation may prompt the Bangko Sentral ng Pilipinas (BSP) to continue hiking borrowing costs. The local unit closed at a new all-time low of P56.77 on Friday, weakening by 35 centavos from its P56.42 finish on Thursday, […]
SHARES may continue to climb this week on sustained bargain hunting, but trading may be volatile as investors await the release of August inflation data. The Philippine Stock Exchange index (PSEi) went up by 104.37 points or 1.58% to close at 6,692.65 on Friday, while the broader all shares index rose by 50.49 points or […]
THE PESO rebounded against the dollar on Wednesday amid better-than-expected China manufacturing data and as oil prices declined. The local unit ended at P56.145 per dollar on Wednesday, appreciating by eight centavos from its P56.225 close on Tuesday, according to data from the Bankers Association of the Philippines’ website. The peso opened Wednesday’s session at […]
In sync with the rise of desktop and mobile applications — whether games, entertainment, or social media — is the Philippines’ emergence as a top 20 country in terms of high smartphone usage. The work-from-home setup forced us to adapt to and evolve around the use of devices for school, work, business, etc. In this […]
TOKYO, Aug 23, 2022 – (JCN Newswire via SEAPRWire.com) – JCB Co., Ltd. (hereinafter JCB), JP GAMES, Inc. (hereinafter JP GAMES), and Fujitsu Limited (hereinafter Fujitsu) today announced that they will embark on a one year joint project starting August 23, 2022 to improve the security of distribution and sales of digital data in the […]
Big data holds “immense promise” for expediting the region’s post-pandemic recovery, the Asian Development Bank said. According to a 2022 report on the potential of big data in Southeast Asia (SEA), there are vast amounts of information that can be used to optimize public health, education, and social protection. “Public institutions have turned to big data […]
“Safe Space: A Kid’s Guide to Data Privacy,” a book developed and published by Globe and non-profit Center for Art, New Ventures & Sustainable Development (Canvas), has won as one of the best reads at the 7th National Children’s Book Awards (NCBA), the country’s premier award for locally-published children and young adult books.A board of […]
The 36th global edition of World AI Show was hosted at Marina Bay Sands on 3 – 4 August 2022, as a part of the world tour conceptualized and managed by global business events and consulting firm, Trescon. These events have successfully completed several editions across the world including Dubai, Amsterdam, Mumbai, Moscow, Nairobi, Frankfurt, […]
THE PESO weakened versus the greenback on Monday following hawkish signals from another official of the US Federal Reserve. The local unit closed at P55.825 per dollar on Monday, down by 21.5 centavos from its P55.61 finish on Friday, data from the Bankers Association of the Philippines showed. The peso opened Monday’s session at P55.72 […]
A STEADY growth in the Philippine’s working-age population as indicated in latest government data could either be a boon or bane for the country, according to the Commission on Population and Development (POPCOM). “The high fertility levels of the last two decades were projected to create a bulge of young people entering the workforce up […]
MANILA, Aug 5, 2022 – (ACN Newswire via SEAPRWire.com) – Digital transformation is an absolute necessity today. Especially for small businesses, it has become indispensable. A few years ago, digital transformation was thought to give businesses a competitive edge. Now it’s a fight for survival. We interviewed Dennis Crimen, ICT Head at Philippine Airasia, on […]
ARTIFICIAL INTELLIGENCE (AI) and efficient data management in business operations will boost the Philippine financial technology (fintech) industry, according to AI-powered platform Provenir. “The pandemic and its restrictions caused a huge generational spike in the eruption of digital services and has demanded that businesses adapt themselves at a very high speed,” said Provenir General Manager […]
THE PESO weakened further against the dollar on Tuesday ahead of the release of latest inflation data and tensions between the United States and China. The local unit ended trading at P55.435 versus the greenback, shedding 12.5 centavos from its P55.31-to-a-dollar close on Monday, according to data from the website of the Bankers’ Association of […]