Business

BITTERFELD-WOLFEN, Germany — A decade after a wave of bankruptcies all but wiped out the German solar industry, the sector is looking to reestablish itself in the face of stiff competition from abroad. Overproduction in China and massive government subsidy programmes in the United States mark the struggle to stay profitable for …

RIYADH: The Philippines has secured about $4.26 billion worth of investments during President Ferdinand Marcos Jr.’s visit to Saudi Arabia. Four agreements between Saudi firms and Filipino companies were signed during Marcos’ roundtable meeting with Saudi business leaders on Thursday in Riyadh. The biggest of the four is the $3.7 …

A new report from the Business Development Bank of Canada says an “alarming decline” in the number of Canadian entrepreneurs could hurt economic growth and slow innovation. It estimates the country has 100,000 fewer entrepreneurs today than it had in 2000. With 100,000 fewer entrepreneurs than in 2000, BDC recommends …

A high-profile Toronto condominium project that has been plagued with delays and setbacks for more than a decade has been placed into receivership by its biggest lender, refusing to foot the bill for $1.6 billion in unpaid debts until someone else is in charge.  Project has faced numerous delays and …

The federal agency in charge of ensuring there’s healthy competition between companies in Canada says there’s less of it than there used to be.  Analysis of 20 years of data shows competition is getting worse, not better: Competition Bureau. The federal agency in charge of ensuring there’s healthy competition between …

Metropolitan Bank & Trust Co. again received recognition for industry excellence and dominant market share in the financial markets space, as acknowledged by Hong Kong-based publication The Asset. The Asset Benchmark Research, which involved top-rated analysts, economists, strategists, salespeople and traders, ranked Metrobank as the Top Investment House in the …

A real estate advisory firm expects Panglao Island in Bohol province to surpass Boracay Island as the Philippines. top tourism destination. Leechiu Property Consultants said the completion of the Bohol–Panglao International Airport in 2018, coupled with the installation of night instrumentation in 2019, significantly boosted tourist arrivals in Panglao. “In …

Arthur Irving is no longer in his leadership role at Irving Oil and his daughter, Sarah Irving, is no longer part of the leadership team, according to the company’s website, fuelling further speculation about the future of one of New Brunswick’s largest employers.  Sarah Irving, his daughter, is no longer …

SAN FRANCISCO, United States – Netflix on Wednesday said subscriber numbers grew nearly 11 percent to 247 million in the recently ended third quarter as it cracked down on password sharing and refined an ad-supported tier. (Photo from AFP) The leading streaming service said it is increasing the price of its …

Elon Musk’s social media platform X has begun charging a $1 US fee to new users in the Philippines and New Zealand, in a test designed to cut down on the spam and fake accounts flourishing on the site formerly known as Twitter.  Philippines and New Zealand first regions to …