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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Canadian company First Quantum cuts back activity at Panama mine facing massive protests
The Canadian mining company whose Panamanian copper mine has sparked massive protests in the country says it is scaling back operations at the facility due to a port blockade. Mine opposition has become flashpoint for broader opposition to government and inequality. The Canadian mining company whose Panamanian copper mine has …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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 …
Read More »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. …
Read More »Office workers still aren’t back in full force, so what’s next for Canada’s downtowns?
More than a year after pandemic-era restrictions lifted, many urban downtowns in Canada are still dealing with vacant offices, low foot traffic and safety concerns. Calgary and Winnipeg are two cities putting recovery plans in motion. Slow post-pandemic recovery continues with national downtown office vacancy rate at 18.9%. At 11 …
Read More »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 …
Read More »Air Canada makes changes after passengers with disabilities share ‘dehumanizing’ experiences
Air Canada says it’s changing its protocols to improve the way it treats passengers with disabilities after several high-profile incidents led to a meeting with politicians in Ottawa on Thursday. Head of airline met with federal transport minister in Ottawa on Thursday. Air Canada says it’s apologizing and making a …
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