DTI Delves Into AI Technology to Improve Philippine Economy
President Ferdinand R. Marcos Jr. and Department of Trade and Industry (DTI) Secretary Alfredo Pascual have met with Silicon Valley Technology companies and investors for a discussion of possible partnerships in utilizing artificial intelligence (AI) technology,...
ADB and ACEN Sign PHP 5.5 Billion Loan for Solar Energy Expansion in the Philippines
The Asian Development Bank (ADB) and ACEN Corporation have signed a sustainability-linked loan of up to PHP 5.5 billion (USD 100 million) to boost solar energy capacity in the Philippines and support the country’s energy transition goals. The proceeds will fund ACEN’s...
Climate Change Endangers Closure of Philippine Hospitals
Hundreds of hospitals in the Philippines could face partial or total shutdown from extreme weather events caused by climate change by the end of the century if fossil fuels are not phased out, a report by climate risk analysis organization XDI suggested. The...