Meta, the owner of Facebook and Instagram, is launching a test of a new verification system in Canada, one that costs up to $19.99 a month for a version of the app that comes with enhanced features. Price will be $15.99 for web-based version or $19.99 on mobile. Meta, the …
Read More »Business
PBBM welcomes Thai firm’s $2.5-B investment pledge to boost agri
AGRI DEV’T. President Ferdinand R. Marcos Jr. meets with executives of the Charoen Pokphand Group (CP Group), led by its chairman Soopakij Chearavanont, at Malacañan Palace in Manila on Tuesday (May 30, 2023). Marcos assured the Thailand-based CP Group of his administration’s support for its expansion plans and programs for …
Read More »ADB grants $350M to Sri Lanka
BAILOUT In this photo taken on May 6, 2018, a Sri Lankan worker sorts plastic at Kathirana, on the outskirts of Sri Lanka’s capital Colombo. The Asian Development Bank on Monday released a loan worth $3450 million to help stabilize the economy of the cash-strapped South Asian nation. AFP PHOTO …
Read More »Asian, Euro markets mixed after US debt deal
WAVERING A person looks at an electronic stock board showing Japan’s Nikkei 225 and New York Dow indexes at a securities firm in the rain on Monday, May 29, 2023, in Tokyo. Shares in Asia and Europe were mixed in as the decision on raising the US debt ceiling in …
Read More »Asian markets rally as US debt deal welcomed
WELCOME NEWS A person walks in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in the rain on Monday, May 29, 2023, in Tokyo. Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on …
Read More »Businesses reopen as life in Hay River, N.W.T. returns to new normal after wildfire
Businesses in Hay River, N.W.T. have varying degrees of optimism about the future after a wildfire forced residents out of the town for nearly two weeks. One local restaurant fears the government’s financial support program isn’t going to be enough. Vietnamese restaurant hoping small businesses will get more relief. As …
Read More »SG’s Temasek cuts staff compensation
PAY CUT In a file picture taken on Feb. 6, 2009, a man walks past the company logo of Temasek Holdings in Singapore. Singapore state investment fund Temasek said on Monday, May 29, 2023, it had slashed compensation for the team and senior management responsible for its investment in collapsed …
Read More »Canadian fans may not love the Stanley Cup matchup — but it’s good for the game
Canadian fans and broadcast rights holders would prefer to see some big names in the Stanley Cup final. But a matchup of two emerging-market teams can grow the game — and eventually the salary cap. How growing the game of hockey can boost the salary cap and help your favourite …
Read More »Are Canada’s competition laws outdated? Some say it’s time for change
The federal government is looking to update Canada’s competition laws — possibly their most significant review in decades. Current laws ‘lagging behind our international peers,’ head of Competition Bureau says. Whether checking in at the airport or checking out at the grocery store, it seems everywhere you turn these days, …
Read More »HK to release new retail crypto trade rules
EMBRACING CRYPTO This photo taken on Saturday, May 27, 2023, shows customers in a cryptocurrency exchange office in Hong Kong. Retail investors in Hong Kong may soon be able to buy popular cryptocurrencies like bitcoin at government-licensed exchanges, thanks to new rules meant to bolster the city’s standing as a …
Read More »