The Department of Public Works and Highways (DPWH), together with the Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) hosts on March 26, 2024, another contractor’s outreach program for the Bataan-Cavite Interlink Bridge (BCIB) Project. Major contractors from the country and around the world expressed interest in joining …
Read More »Business
He ran luxury hotels in Dubai. Now he’s in a Canadian fast food war room
Fast food brands are known for their consistency, but amid growing competition and changing demographics, brands are using new flavours and limited-time offers to mix up their menus and reel in new customers. We visit the A&W test kitchen where the company hopes to invent the next McRib or Pumpkin …
Read More »Sri Lanka inflation dips to lowest level since crisis
A vendor sells soap bubble liquid on the Galle Face promenade in Colombo on March 21, 2024. (AFP / Ishara S. Kodikara) COLOMBO, Sri Lanka — Sri Lanka’s statistics office said Friday that inflation had slowed to 0.9% in March, the lowest year-on-year price increase since an unprecedented economic crisis. …
Read More »Winning OFW families grateful to OWWA for MOFYA, cite BDO for fostering culture of saving
OWWA administrator Arnaldo “Arnell” Ignacio (far left) confers the 2023 MOFYA to Amir Hawari, a land-based OF from Zamboanga who was joined by his wife Armina and daughter Nizma. Also joining them onstage was Department of Migrant Workers (DMW) officer-in-charge Hans Cacdac The winners of the Model OFW Family of …
Read More »Milk tariff collections rise by 31% to P2.4 billion
Total milk and milk products imported slipped by three percent to 575,460 metric tons in 2023 from 595,640 MT in 2022. (STAR / File) MANILA, Philippines — Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at …
Read More »Canadian economy starts the year on a rebound with 0.6 per cent growth in January
The Canadian economy grew 0.6 per cent in January, the fastest growth rate in a year, while the economy likely expanded 0.4 per cent in February, Statistics Canada said Thursday. Rate was higher than forecasted by economists, who expecting 0.4 per cent growth. The Canadian economy grew 0.6 per cent …
Read More »Sam Bankman-Fried, FTX founder, sentenced to 25 years in prison in crypto fraud case
Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency. ‘My useful life is probably over,’ Bankman-Fried said in remarks to court. Former crypto …
Read More »TikTok, Snapchat respond as Ontario school boards sue social media giants
Four major school boards in Ontario are taking several social media giants to court, alleging their products Facebook, Instagram, Snapchat and TikTok are harming students and disrupting the education system. Boards call for companies to ‘remediate’ costs and ‘redesign’ TikTok, Facebook, Instagram and Snapchat. Four major Ontario school boards are …
Read More »Canada is still backing the fossil fuel industry with billions, report finds
A new report says the federal government is providing billions of dollars in financial support for the fossil fuel industry, despite measures announced last year to limit subsidies. Advocacy group says findings show government is ‘failing litmus test’ when it comes to helping transition. A new report says the federal …
Read More »DeSantis and Disney settle lawsuit sparked by Florida governor’s ‘Don’t Say Gay’ law
Allies of Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort’s government by the Florida governor. Settlement ends almost 2 years of litigation after DeSantis took …
Read More »