ASIA UNITED Bank Corp. (AUB) has expanded the use of its e-wallet HelloMoney to South Korea, Malaysia, and Hong Kong, making the platform available in four countries or regions including Japan. “We will continue to bring HelloMoney […]
NLEX Corp. inks P10-billion loan deal with BPI to support projects
PHILIPPINE STAR/ WALTER BOLLOZOS NLEX Corp., a unit of Metro Pacific Tollways Corp. (MPTC), has entered into a 10-year term loan facility deal with the Bank of the Philippine Islands (BPI) amounting to P10 billion, the company […]
Grounds for cautiousness: Regional economic and financial stability
By Diwa C. Guinigundo CRECENCIO I. CRUZ (Second of two parts) If there’s any big conglomerate that has been quite forthright with its cautious assessment of growth prospects in 2024, it must be the SM […]
‘Industrial peace’ achieved in 2023 — DoLE
PHILSTAR THE Department of Labor and Employment (DoLE) said labor relations were generally peaceful this year, due to the quick resolution of disputes and the dearth of strikes. Labor Secretary Bienvenido E. Laguesma told reporters that the […]
Warner Bros. is in talks to merge with Paramount Global
WARNER BROS. Discovery, Inc. held talks on a possible merger with Paramount Global, potentially combining two of the biggest media companies in the world, according to people with knowledge of the matter. The talks are preliminary and may not lead to an agreement, said one of the people, who asked […]
First Gen awards LNG contract to Total Energies
FIRST Gen Corp. has awarded a contract to TotalEnergies Gas & Power Asia Pte. Ltd. (TEGPA), a United Kingdom-based company, for the supply of liquefied natural gas (LNG) cargo to one of its subsidiaries, the company said […]
Shippers know the Suez is always a crisis waiting to happen
HOUTHI attacks on civilian vessels, strategies to reroute ships, and the need for a 40-nation strong military alliance to guard 15% of the world’s maritime traffic sounds like the kind of emergency that ought to bring trade to its knees. Yet, the Suez Canal has been here before. What’s more, […]
Latin America joblessness near decade low in 2023; may reverse next year — ILO
REUTERS UNEMPLOYMENT in Latin America and the Caribbean fell in 2023 to its lowest level since 2014, the International Labor Organization (ILO) said, but an expected economic slowdown in 2024 could reverse recent post-pandemic gains. In a […]
Pru Life UK appoints new PHL CEO
PRU LIFE lnsurance Corp. of UK (Pru Life UK) has appointed Sanjay Chakrabarty as the new chief executive officer (CEO) for the Philippines, effective Feb. 1, 2024. “Mr. Chakrabarty will succeed the current CEO, Eng Teng Wong, […]
Entertainment News (12/22/23)
Disney+ showcases Christmas holiday movies MANY Christmas movies are now available to stream on Disney+. These include contemporary holiday picks like the 2019 comedy Noelle starring Anna Kendrick as the daughter of Santa, the 2010 Disney film […]