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GCash operator’s nine-month income surged 149% to P1.62 billion

Globe Telecom president and chief executive Ernest Cu and GCash president and chief executive Martha Sazon are joining a panel discussion on “Building Unicorns: An ASEAN Success Story” at the Insights stage of Singapore Fintech Festival.  Mynt, the operator of mobile wallet GCash, posted a 149-percent growth in net earnings …

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Marubeni eyes more Philippine investments

TOKYO—Japanese conglomerate Marubeni Corp. expressed interest in investing in consumer-related businesses targeting the rising middle-income group in the Philippines. “We plan to venture into more consumer-related opportunities, enhancing the well-being of the Filipinos in the middle class,” Marubeni general manager for Asia and Oceania at regional planning and coordination department …

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Asian markets mixed as traders eye US inflation report

Pedestrians walk past an electronic quotation board displaying share prices of the Nikkei 225 Index (R, top) and other Asian markets in Tokyo on March 5, 2020. (Kazuhiro NOGI / AFP)  HONG KONG, China — Asian markets were mixed Monday ahead of key US inflation data later in the week, …

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Lebanon’s ‘liquid gold’ turns bitter

BEIRUT: The olives massively planted in southern Lebanon are ripening in time following a sun-soaked summer, awaiting to be harvested in bulk. But local farmers have resignedly hesitated at the chance that Israeli military drones, which kept loitering near the Lebanese border areas, might mistake the rustles of crops being …

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Globe reports faster Internet speed

Globe Telecom Inc. said over the weekend its download and upload speeds improved in 19 strategic locations in the third quarter of 2023.  “The significant enhancements in our connectivity speeds underline Globe’s unwavering commitment to our customers,” said Raymond Policarpio, vice president of Globe At Home brand management. “As we …

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SpaceX hopes for second Starship flight test next week

WASHINTON, United States — SpaceX is hoping to re-launch Starship, the most powerful rocket ever built, next week, the company said, after an attempt in April ended in a spectacular explosion. “Starship preparing to launch as early as November 17, pending final regulatory approval,” SpaceX said on X Friday evening. …

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This just in: The rich are getting richer

The richest people in Canada got a lot richer in 2021, even as the poorest half of all tax filers in Canada saw their income decline by $1,400.  The poorest half of Canadian tax filers saw their incomes drop by $1,400, as gap between rich and poor widens. The richest …

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