BusinessWorld

The peso has breached the P60 per dollar level, falling by 58 centavos to close at a fresh record low of P60.1 from Wednesday’s finish.

Labubu’s toothy grin will be coming to the big screen after toy maker Pop Mart and Sony Pictures Entertainment announced plans to develop a feature film based on the ugly-cute monster. zurl.co/N4s6K

MUSIC company BMG Rights Management has sued artificial intelligence (AI) company Anthropic in California federal court for allegedly using its copyrighted lyrics to train the large language models powering its Claude chatbot. zurl.co/7lxbi

Actor Val Kilmer will posthumously appear in what First Line Films calls a first-ever performance enabled by generative artificial intelligence (AI) in the upcoming film As Deep as the Grave, the production company announced on Wednesday. zurl.co/3Xnag

PRIVATE SECTOR reporting for duty during the Easter and Araw ng Kagitingan holidays will be entitled to up to double their daily wage, the Department of Labor and Employment (DoLE) said. zurl.co/fp21W

POST-PUNK synth-wave musician Sexy Jay and baroque-pop multidisciplinary artist Halina are two of the latest additions to the roster of Offshore Music, a homegrown independent label headed by Filipino rock legend Ely Buendia. zurl.co/Bon61

Canadian filmmaker Denis Villeneuve revealed he nearly took a break before completing Dune: Part Three, the conclusion to his epic science-fiction trilogy, but changed his mind after he saw how audiences embraced the first two films. zurl.co/gc6zO

THE NATIONAL Government’s (NG) budget surplus more than doubled in January to P165.4 billion amid a double-digit decline in spending, the Bureau of the Treasury (BTr) said. bworldonline.com/top-stories/20…

Get Exploding Galaxies’ new imprint, anthology, Visit Netflix’s activations for K-pop group BTS’ comeback, and more in our Stuff to do list. zurl.co/wZLu7

OPINION | Philippines’ consumer credit surge: A test the system is passing… for now By Shunsuke Endo Read: zurl.co/HCPMD

PHILWEB CORP. has partnered with Tiger Resort, Leisure and Entertainment, Inc., the operator of Okada Manila, to launch an online gaming platform. zurl.co/lLchS

Netflix is inviting fans back into the supernatural world of Stranger Things with limited theatrical screenings of its upcoming animated series, Stranger Things: Tales From ’85, the streaming platform announced in a press release on Tuesday. zurl.co/AIsWv

VITRO, INC., the data center arm of PLDT Inc., has partnered with Bounty Fresh Group Holdings, Inc. to support the latter’s digital operations. zurl.co/L9tCu

OPINION | Anthropic, OpenAI talk safety. Their headcounts don’t By Parmy Olson Read: zurl.co/usnmS

PT&T CORP. said its board of directors has approved amendments to its rehabilitation plan to address the company’s remaining obligations. zurl.co/3WGkI

A great deal of Ryan Gosling’s journey through the film Project Hail Mary unfolded in solitude. The La La Land actor spent long stretches filming alone on set, or acting opposite an alien creature his character, Dr. Ryland Grace, dubs Rocky. zurl.co/UTWv1

LISTED affordable housing developer Haus Talk, Inc. (HTI) has listed its P1.8-billion fixed-rate bonds on the Philippine Dealing & Exchange Corp. (PDEx) following an upsized offer from the original P1 billion. zurl.co/hUaXD

OPINION | Foodies unlimited By Maria Victoria Rufino Read: zurl.co/DM4RF

PHILIPPINE business groups have expressed support for the Securities and Exchange Commission’s (SEC) proposed 10-year cumulative term limit for broker directors, saying it would help strengthen independence and investor confidence. zurl.co/AE5Jo

Netflix is planning a KPop Demon Hunters world tour, as it looks to capitalize on its most popular movie, a source familiar with the talks said on Wednesday. zurl.co/bPG0m

Basic Energy Corp. is moving forward with the development of a P1.9-billion solar farm in Cadiz, Negros Occidental after finalizing agreements with a supplier and contractor for the project. zurl.co/qJLuw