Business

Outgoing Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla said 42.1 percent of payment transactions have migrated to digital or e-payments as of end-2022, an improvement from 30.3 percent in 2021. Under the BSP’s Digital Payments Transformation Roadmap, about 50 percent of payments in terms of volume should be …

Remote workers have, for some time, been taking their talents to the places they want to stay. They are living and working in various cities around the globe — in some cases lured to specific locales by dedicated programs that make it easier for them to do so.  Highly mobile …

At a Glance Hydrogen and ammonia are among the emerging technologies being experimented on by various energy markets; and these are being lined up as transformative solutions to the global goal of decarbonization. The Department of Energy (DOE) is in the process of crafting policy framework and guidelines on the …

Thirty per cent is the often-touted maximum percentage of your income that you should spend on a home. But in an age where the average one-bedroom apartment in Vancouver rents for $2,787 a month, is that number still realistic?  ‘The benchmark doesn’t apply anymore,’ says financial adviser Bruce Sellery. If …

Two surveys from the Bank of Canada Friday show that while consumers and business are still expecting things like inflation and wages to be higher than usual for the foreseeable future, they are starting to come back to some sort of pre-pandemic normal — and they’re less worried about a …

Transgender influencer Dylan Mulvaney says she felt abandoned by Bud Light after facing “more bullying and transphobia than I could have ever imagined” over her partnership with the beer giant.  Mulvaney talks of struggling with loneliness and months of ridicule. Transgender influencer Dylan Mulvaney says she felt abandoned by Bud …

SAN FRANCISCO, California: The fate of what could be the priciest merger in tech industry history is now in the hands of a federal judge who must decide whether to stop Microsoft from closing its deal to buy video game company Activision Blizzard. Federal antitrust enforcers have sued to block …

Google said Thursday it will remove Canadian news content from its search, news and discover products after a new law meant to compensate media outlets comes into force.  Search giant responds to Liberal government’s Online News Act, which became law last week. Google said Thursday it will remove Canadian news …

Petro-Canada says the problems that customers have experienced with things like payment and loyalty programs at the gas station chain are ongoing, but it is making progress on fixing them.  Chain of gas stations says problems processing credit and debit payments persist after cybersecurity incident. Petro-Canada says the nearly weeklong …

The nation’s 23 largest banks passed the Federal Reserve’s so-called stress tests this year, a sign that the nation’s banking system remains resilient despite the recent banking crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank.  Annual central bank exercise did show some …