TOKYO, Feb 16, 2023 – (JCN Newswire via SEAPRWire.com) – Hitachi High-Tech Corporation today announced the reorganization of Hitachi High-Tech Solutions Corporation on April 1, 2023, as part of the company’s priority initiatives to realize 2024 Mid-Term Management Plan. Hitachi High-Tech Solutions aims to become a technology and solutions company that solves social infrastructure issues […]
Tag: infrastructure
HS88 Announces They Are Expanding Web3 Business
Seoul, Korea, February 09, 2023 – (SEAPRWire) – HS88, led by Chairman Kim Ho Sung, is proud to announce that it will strive to build IPFS infrastructure and network to expand its Web3 business. Web3 is a next generation internet technology that can address the structural limitations of centralized data storage. The core of Web3 […]
Senator asks DTI to help BPO workers keep up with AI evolution
A SENATOR has asked the Department of Trade and Industry (DTI) to take measures that will help business process outsourcing (BPO) workers keep pace with rapid advancements in artificial intelligence (AI), which threaten the role of human resources in the industry. “If this industry gets into trouble, then dollars become scarce, they become more expensive, […]
Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project
TOKYO, Jan 27, 2023 – (JCN Newswire via SEAPRWire.com) – Toyota Tsusho Corporation (“Toyota Tsusho”), Internet Initiative Japan Inc. (“IIJ”), NEC Corporation (“NEC”), and NTT Communications Corporation (“NTT Com”) announced today the conclusion of a contract with JSC Uzbektelecom (“Uzbektelecom”), a state-owned telecommunications operator in Uzbekistan, for a telecommunications infrastructure development project (“the Project”) to […]
Ripples of the global green movement in the Philippines
The past years saw climate change, defined by World Health Organization (WHO) as “the change in climate in time due to human activities,” becoming a more intensified global issue, as well as a major factor in health risks. Former WHO Director Dr. Margaret Chan said that the climate crisis affects daily livelihood, including the social […]
PHL urged to upgrade cybersecurity infrastructure, policies
A SOUTH KOREA cybersecurity solutions company said the Philippines urgently needs to fast-track upgrades to its cybersecurity infrastructure and policies as it emerges from the pandemic. “There’s no doubt that digitalization in the Philippines is heading in the right direction,” NETAND Chief Executive Officer Hochul Shin said in a statement on Wednesday. “Now that the […]
Marcos to seek out potential infra, agri investors at Davos
PRESIDENT Ferdinand R. Marcos, Jr. said he will seek out potential partners for his agriculture and infrastructure development plans at the Davos conference in Switzerland. In his pre-departure speech, Mr. Marcos added that he will pitch potential locators on the Philippines’ readiness to receive multinationals seeking to expand their operations in Asia. “I will draw […]
Infrastructure spending sharply lower in October on month-on-month basis
INFRASTRUCTURE spending fell 38.3% month on month in October to P61.2 billion, according to the Department of Budget and Management (DBM). The DBM said on Tuesday that on a year-on-year basis, expenditure on infrastructure and other capital outlays rose 0.5%. The DBM said in October, disbursements fell for the Armed Forces of the Philippines Modernization […]
Tourism brings in P149B; Gov’t banks on PPPs to boost sector
THE TOURISM industry generated P149 billion in tourism revenues as of November this year, according to Malacañang. Citing the Department of Tourism’s (DoT) yearend accomplishment report, the Office of the Press Secretary (OPS) said 2.4 million foreigners entered the Philippines this year, exceeding the target of 1.7 million international arrivals after border restrictions were lifted […]
Palace touts over 1,000 kms of roads built, repaired since July
THE GOVERNMENT has constructed and rehabilitated more than 1,000 kilometers of roads from July to November this year, according to Malacañang, as the Marcos administration vowed to provide infrastructure for unhampered transport of goods in the countryside. In a statement, the Office of the Press Secretary (OPS) said the Department of Public Works and Highways […]
Expanded private sector role eyed in DPWH projects
THE DEPARTMENT of Public Works and Highways (DPWH) said it plans to seek more private sector bids for operations and maintenance (O&M) contracts, including those financed by official development assistance (ODA). “We are promoting projects under ODA, especially expressways, for PPP (public–private partnership) O&M,” DPWH Senior Undersecretary Emil K. Sadain told BusinessWorld recently when asked […]
Shonan iPark Outlines New Operational Structure to Provide Scale and Sustainable Long-Term Growth for the Ecosystem
TOKYO, Dec 21, 2022 – (JCN Newswire via SEAPRWire.com) – Renewing its commitment to innovation in Japan and to Shonan Health Innovation Park (“Shonan iPark”), Takeda Pharmaceutical Company Limited (“Takeda”) today announced the creation of a new company, effective April 1, 2023, together with Industrial & Infrastructure Fund Investment (“IIF”) and Mitsubishi Corporation (“Mitsubishi Corp.”), […]
Telcos seek EO for permanent expedited tower permit process
THE telecommunications industry and the Anti-Red Tape Authority (ARTA) are asking President Ferdinand R. Marcos, Jr. to issue an executive order (EO) to make permanent the expedited permit process for the construction of towers and other internet infrastructure. ARTA and the telcos, represented by the Private Sector Advisory Council (PSAC) Digital Infrastructure Sector, noted that […]
PLDT in talks to sell 2,000 more towers
THE PLDT group said on Tuesday that it has received preliminary approaches from potential buyers regarding the sale of an additional 2,000 telecom towers. The group is expediting the sale of the towers and is requiring interested parties to submit letters of intent (LOIs) as a preliminary to striking a formal and detailed purchase deal. […]
Moonstake Receives ssv.network Grant to Integrate Decentralized ETH Staking
SINGAPORE, Nov 16, 2022 – (ACN Newswire via SEAPRWire.com) – Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet. Moonstake will be integrating SSV’s unique architecture to bolster Ethereum decentralization and ensure Moonstake’s validator infrastructure is as […]
AIIB to dedicate 50% of loans to climate change projects
THE Asian Infrastructure Investment Bank (AIIB) said it will reserve at least 50% of its loan portfolio to climate change mitigation projects by 2025. “We focus on 50% and upwards for financing of climate change adaptation and mitigation by 2025. This is the most important part given the urgency of climate change. Times have now […]
DoTr’s Bautista pitches transport investments to Swiss companies
TRANSPORTATION Secretary Jaime J. Bautista invited Swiss to invest in Philippine transport infrastructure projects via public-private partnerships (PPP), his department said in a statement on Wednesday. “Speaking at the Swiss Innovation Exhibit that marked 65 years of Philippine-Swiss relations at Hyatt Hotel on Oct. 25, Sec. Bautista wants to fast-track the completion of big-ticket transport […]
Higher Mindanao budget sought
CONGRESSMEN from Mindanao on Tuesday sought a bigger budget for the region next year to boost infrastructure including farm-to-market roads. In a statement, Basilan Rep. Mujiv S. Hataman said Mindanao’s 2023 infrastructure budget was cut by 64% to P30.49 billion from this year. “We are saddened by the big budget decrease,” he said. “If the […]
P2.5B allotted for airport upgrades — congressman
THE DEPARTMENT of Transportation plans to spend P2.5 billion to upgrade at least five airports on the three main islands of Luzon, Visayas and Mindanao, Makati City Rep. Luis Jose Angel S. Campos, Jr. said in a statement on Sunday. The agency’s aviation infrastructure program in the 2023 proposed national budget seeks to allot P1.42 […]
Japan reaffirms support for PH infra program
THE Philippines and Japan reaffirmed their strong economic partnership, especially in infrastructure development, during a courtesy call meeting between Finance Secretary Benjamin Diokno and Japanese Ambassador to the Philippines Kazuhiko Koshikawa.“The Ambassador reiterated Japan’s continued support for the Philippines’ massive infrastructure program, the development of Subic Bay and Mindanao, and other sectoral cooperation in health, […]