Credit: BSP Philippine President Ferdinand R. Marcos, Jr. has chosen Eli M. Remolona to be the next central bank governor for a six-year term, the presidential office said on Friday. Mr. Remolona, who sits on the seven-member policy-making Monetary Board, will replace Felipe M. Medalla, starting in July. “With his […]
Globe Business redefines enterprise mobile security with Check Point’s Harmony Mobile
From left to right: Melvin Esperas, Cybersecurity Portfolio Head, Partner Ecosystem, Globe Business, Enterprise Group; Guada Dela Cruz, Head, Enterprise Solutions & SOC, Yondu; Joan Peñaflorida, Chief Executive Officer, Yondu; Teong Eng Guan, Regional Director for Southeast Asia and Korea, Check Point Software Technologies, Ltd.; Tin Morales, Country Manager for […]
HMRC says small business are now responsible for 56% of the UK’s ‘tax gap’
<?xml encoding=”utf-8″ ?????????> HMRC figures out today show the tax authority believes small businesses are now responsible for 56% of the UK’s ‘tax gap’ – a total of £20.2bn in a single year*, says multinational law firm Pinsent Masons. This figure has now risen for four consecutive years. Small businesses […]
Consumer sentiment still bleak, businesses more upbeat — BSP survey
Egg vendors arrange their products for sale at a store along Blumentritt in Manila, Jan. 26. Filipinos are grappling with soaring prices of food, including eggs. — Photos by Walter Bollozos/The Philippine STAR Consumer sentiment remained pessimistic in the second quarter due to elevated prices and lower salaries, while businesses […]
Most people think UK was wrong to leave EU, according to Tony Blair Institute
<?xml encoding=”utf-8″ ?????????> More than 50 per cent of people believe that the UK was wrong to leave the EU seven years on from the referendum, according to a new poll. Based on a survey of 1,525 adults and carried out at the start of June, the poll found that […]
Recession fears mount after rate rise
<?xml encoding=”utf-8″ ?????????> The economy is at a greater risk of falling into a recession in the year ahead as investors expect interest rates to rise to the highest level since 2000 in an effort to quell inflation. The Bank of England sprang a surprise with a bumper half-point interest […]
Canon aims to restore point-and-shoot with PowerShot V10 vlogging camera
Canon Philippines has released the PowerShot V10, a new point-and-shoot camera made for video-centric content creators. “We wanted to create a camera that meets the requirements of vlogging enthusiasts, content creators, gamers, and influencers,” said Anuj Aggarwal, president and chief executive officer of Canon Marketing (Philippines), Inc., at the launch […]
Ocado shares surge on Amazon takeover rumours
<?xml encoding=”utf-8″ ?????????> Ocado shares have surged amid speculation that the online grocer might be the subject of takeover talks from Amazon or another US tech firm. Ocado and Amazon declined to comment on the report in the Times, which sent shares in the struggling firm up more than 40% […]
Soaring inflation forces Brits to tighten belts on groceries with DIY and fuel sales pick up
<?xml encoding=”utf-8″ ?????????> Brits are still splashing the cash amid soaring inflation, with retail sales estimated to have increased by 0.3 per cent last month off the back of non-food splurging. The main driver of sales was online, with non-store selling volumes up by 2.3 per cent, while food store […]
Church of England divests of fossil fuels as oil and gas firms ditch climate pledges
<?xml encoding=”utf-8″ ?????????> The Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and what the church claims are recent U-turns by oil and gas companies. The church said it was abandoning oil and gas companies and all firms primarily […]