<?xml encoding=”utf-8″ ?????????> The debut of Donald Trump’s Truth Social took centre stage on Tuesday as the platform’s parent company, Digital World Acquisition, went public, valuing the budding social network at over $9 billion. Digital World Acquisition, the entity merging with Trump Media & Technology, witnessed a surge in its […]
Two Government Ministers Quit, Dealing Fresh Blow to Rishi Sunak
<?xml encoding=”utf-8″ ?????????> In a setback for Rishi Sunak, two government ministers, Armed Forces Minister James Heappey and Skills Minister Robert Halfon, have resigned from their positions, also announcing their decision to step down as Tory MPs at the upcoming general elections. This development brought about a mini-reshuffle within the […]
Punishing Beijing for Cyberattacks Could Impact Trade, Minister Cautions
<?xml encoding=”utf-8″ ?????????> Britain is urged to tread carefully in response to cyberattacks linked to China to avoid exacerbating trade tensions, cautioned a cabinet minister following accusations of a “prolific” global campaign by Beijing. Deputy Prime Minister Oliver Dowden hinted at plans to designate China as an “enhanced” security risk, […]
PHL, Japan ink P93-B loan deals
Flags of Japan are seen in Rizal Park. — PHILIPPINE STAR/EDD GUMBAN THE PHILIPPINES and the Japan International Cooperation Agency (JICA) on Tuesday signed two loan agreements worth a total of ¥250 billion (around P93 billion) for the ongoing construction of the Metro Manila Subway and a road project that […]
PHL poised to attract more FDIs — report
A construction worker is seen working on a new project in Taguig City. — REUTERS THE PHILIPPINES will likely see a rise in foreign direct investments (FDIs) amid key policy reforms, trade and investment opportunities with the US and Europe, and a growing consumer base, HSBC Global Research said. “A […]
Philippine waste pickers may be missing piece in EPR enigma
A waste picker carries bags of trash out of his junk shop in Quezon City, Metro Manila, Philippines, July 7, 2020. — REUTERS By Sheldeen Joy Talavera, Reporter APOLINARIO O. GERONIMO’S otherwise soft voice blares through the megaphone as he combs the streets of Tondo, Manila on his sidecar trying […]
IBPAP hoping to unlock new markets through EU-PHL FTA
An employee works on a computer at an office in Tourcoing, France, Oct. 4, 2019. — REUTERS A FREE TRADE AGREEMENT (FTA) between the Philippines and the European Union (EU) is expected to help unlock new markets for the information technology and business process management (IT-BPM) sector, an industry executive […]
Foreign partners, tech, simpler tax system seen to boost PHL mineral sector
By John Victor D. Ordoñez, Reporter THE PHILIPPINES needs to prioritize securing funding support and new technology from other countries to enhance its mineral processing capacity, alongside efforts to simplify taxes for the mining sector, according to economists and industry players. “Getting investments and processing technology from other countries should […]
PHL telco giants start blocking access to Binance webpages
REUTERS GLOBAL cryptocurrency exchange Binance will no longer be accessible in the Philippines after the National Telecommunications Commission (NTC) ordered internet service providers (ISPs) to block access to the cryptocurrency giant. This comes after the Securities and Exchange Commission (SEC) asked the NTC to block Binance as it has no […]
Seaoil opens bulk terminal in Zamboanga ecozone
SEAOIL ZAMBOANGA BULK TERMINAL SEAOIL has opened a bulk terminal in an economic zone in Zamboanga City, making it the fuel company’s 13th depot in the Philippines. “As we continue to expand our retail and depot footprint across the country, we strive to make sure that we reach customers in […]