The Philippines may become a $2 trillion economy in the next decade should reforms on education, infrastructure, renewable energy, among others, are sustained, the head of the World Economic Forum (WEF) said. In a briefing on Tuesday, March 19, Børge Brende, WEF president, said that they are seeing huge business …
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Sports Illustrated to continue print editions under reported 10-year deal with new publisher
Months after mass layoffs threatened its future, Sports Illustrated will resume publishing after its owner reached a new rights deal with digital media company Minute Media. Iconic sports mag laid off staff after previous publisher missed payment to owners. Sports Illustrated will resume publishing after its owner reached a new …
Read More »Telecom execs insist wireless prices going down as MPs voice concern over costs
The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians feel otherwise. Bell, Rogers and Telus CEOs appear before committee probing …
Read More »Asian trade cautious ahead of key rate decisions
A pedestrian wearing a face mask walks past an electronic board displaying closing numbers of share prices of Tokyo EStock Exchange in Tokyo on November 9, 2020, as Asian markets react to results of the US presidential election. (Behrouz MEHRI / AFP) HONG KONG, China — Traders in Asia were …
Read More »How a Silicon Valley trend is impacting an $8B Canadian farm industry
Some companies make their products incompatible with other brands, citing copyright reasons, though critics say it prevents competition. Normally associated with the tech industry, the tactic is showing up in new sectors, like farm equipment manufacturing. A new bill hopes to change that. ‘Interoperability’ refers to two devices’ ability to …
Read More »Women drive a lot of vehicle purchases. So why is there still nowhere to store a purse?
Despite women making some notable contributions to vehicle design over the years, most car designers are men. But electric vehicles could usher in a better era for the purses, laptop bags and other belongings because with smaller motors and no transmission tunnel, there’s more room to play with for storage. …
Read More »Globe, Converge set to complete joint project in Leyte
Globe Telecom Inc. said over the weekend it is on schedule to finish a second co-build project with Converge ICT Solutions Inc. in Leyte province by the third quarter of 2024, marking a significant step in expanding fiber optic networks and bringing reliable internet to more Filipinos. The partnership began …
Read More »Waiver on garment rules of origin in PH-EU trade deal sought
At a Glance Without easing the rules of origin, “an FTA might be less useful.” The EU rules of origin is difficult to comply with due to the fact that Philippines has no local textile industry to speak of. Young explained that the Philippine-made wearables exported to the EU are …
Read More »January 2024 Filipino tourist arrivals in Hong Kong breach pre-pandemic numbers
File photo shows bus tour in Hong Kong./Hong Kong Tourism Board / Release MANILA, Philippines — Filipino tourist arrivals in Hong Kong, China just surpassed the pre-pandemic numbers for the month of January. This was revealed by the Hong Kong Economic and Trade Office in a dinner reception on Wednesday. “The …
Read More »Hidden cameras capture bank employees misleading customers, pushing products that help sales targets
Current and former employees from BMO, CIBC, RBC, Scotiabank and TD tell Marketplace about immense pressure to meet sales targets — pushing credit cards, mortgage insurance, mutual funds and other products — or risk losing their jobs. Marketplace hidden camera footage captures the big five breaking the law, says bank …
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