SoKor to deploy 'Star Wars' lasers against North's drones
The Philippine Star|July 13, 2024
South Korea will begin deploying drone-melting laser weapons designed to shoot down North Korean UAVs this year, the country’s arms procurement agency told AFP on Friday.
SoKor to deploy 'Star Wars' lasers against North's drones

The new laser weapons – dubbed the “Star Wars Project” by the South – are invisible and noise-free, require no additional ammunition, operate solely on electricity and cost only about 2,000 won ($1.45) per shot, according to the Defense Acquisition Program Administration (DAPA).

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The Philippine Star

ALI ind'l unit heating up cold storage business

The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.

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2 mins  |
September 17, 2024
The Philippine Star

Financial resources grow 10% as of July

The total resources of the country's financial system breached the P32-trillion level, posting a double-digit growth in the first seven months of the year, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

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1 min  |
September 17, 2024
The Philippine Star

Gov't urged to assist online sellers in BIR registration

Online entrepreneurs should be given proper assistance to comply with Bureau of Internal Revenue (BIR) registration requirements as the tax agency starts a crackdown on unregistered entities, an advocacy group said.

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1 min  |
September 17, 2024
The Philippine Star

FLI diversifies into condotels

Filinvest Land Inc.(FLI) is adding the condotel business in its diverse project portfolio with the acquisition of outstanding shares in Fora Services Inc. (FOSI).

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1 min  |
September 17, 2024
The Philippine Star

Maya, Grab team up for instant credit

Digital lender Maya Bank has partnered with Grab Philippines to offer instant credit services among eligible users, boosting Filipinos' access to financial solutions while integrating more convenience into their daily lives.

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2 mins  |
September 17, 2024
The Philippine Star

SMIC sees better H2 performance

Analysts see a stronger second half performance for the investment holding company of the Sy family.

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1 min  |
September 17, 2024
The Philippine Star

SM Hotels taps TUV Rheinland for food safety, hygiene policies

SM Hotels and Conventions Corp.(SMHCC) has tapped testing service provider TUV Rheinland to ensure the highest standards of safety and quality for dining experiences.

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1 min  |
September 17, 2024
The Philippine Star

Expanded regulatory power of GCG pushed

The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.

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1 min  |
September 17, 2024
The Philippine Star

Compliance woes stall Pag-IBIG home loan releases

The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.

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2 mins  |
September 17, 2024
The Philippine Star

Phl bond market slows in Q2

Philippine bond market growth moderated in the second quarter from the previous quarter due to lower government and corporate issuances, the Asian Development Bank (ADB) said.

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1 min  |
September 17, 2024