Clik here to view.
Alibaba's Jack Ma: Fake goods often better than originals
BEIJING, China – China's unbranded goods are often better than the branded originals they imitate, founder of e-commerce giant Alibaba Jack Ma has said, posing an additional challenge to the battle...
View ArticleClik here to view.
India reforms to bring cheap air travel to millions
NEW DELHI, India – India approved a civil aviation policy Wednesday, June 15, aimed at making air travel affordable for millions of Indians and vastly expanding the country's aviation market.The...
View ArticleClik here to view.
Tap-and-go beep cards now accepted on BGC buses
MANILA, Philippines – The contactless beep cards used for Metro Manila's 3 railway systems can now be used to pay for trips in buses plying Bonifacio Global City (BGC) in Taguig City.Commuters may now...
View ArticleClik here to view.
Luxury hotel Conrad Manila opens its doors
MANILA, Philippines – With the country welcoming more tourists than ever, a new luxury name has entered the Philippine hotel landscape.Conrad Hotels & Resorts, one of the luxury arms of Hilton...
View ArticleClik here to view.
PLDT, Globe sign IP peering deal after 6 years
MANILA, Philippines – After 6 years, PLDT Incorporated and Globe Telecom Incorporated have finally agreed to sign an Internet protocol (IP) peering arrangement that is seen to improve local Internet...
View ArticleClik here to view.
PLDT, Globe resubmit SMC telco buyout report to PCC
MANILA, Philippines – PLDT Incorporated and Globe Telecom Incorporated on Thursday, June 16, submitted anew their report on the P69.1-billion deal to buy out the telecommunication assets of San Miguel...
View ArticleClik here to view.
Fed keeps interest rate steady as Brexit vote looms
WASHINGTON, USA – The Federal Reserve held its key interest rate unchanged Wednesday, June 15, in part due to concerns about the disruption Britain's looming Brexit vote could have on global...
View ArticleClik here to view.
Nokia moves to finalize acquisition of Alcatel-Lucent
HELSINKI, Finland – Finnish telecom equipment giant Nokia announced Thursday, June 16, a plan to complete the acquisition of its former rival, French-American Alcatel-Lucent during the 3rd quarter.The...
View ArticleClik here to view.
China's total debt is more than double GDP – gov't economist
BEIJING, China – China's total borrowings were more than double its gross domestic product (GDP) last year, a government economist said, warning that debt linkages between the state and industry could...
View ArticleClik here to view.
US authorities extend deadline for Volkswagen in 'dieselgate' scandal
FRANKFURT, Germany – US authorities have again extended a deadline for embattled German carmaker Volkswagen to present the details of its plan to compensate US car owners affected by the massive...
View ArticleClik here to view.
China's Uber rival Didi Chuxing raises $7.3B in new capital
BEIJING, China – Chinese ride-hailing app Didi Chuxing, a bitter rival of US-based Uber, has raised $7.3 billion in one of the world's largest private equity financing rounds, the company said in a...
View ArticleClik here to view.
Beyond the numbers: How Aquino fueled the economy
MANILA, Philippines – Early last year, as economies around the world from Brazil to Thailand, from France to the US, struggled to either avoid or break free from recession, the Philippines grew by a...
View ArticleClik here to view.
IMF says Brexit could further weaken eurozone ties
WASHINGTON DC, USA – The International Monetary Fund warned Thursday, June 16, that a British vote next week to break with the European Union could stifle economic growth and weaken the ties that bind...
View ArticleClik here to view.
The other side of San Miguel's telco buyout
MANILA, Philippines – San Miguel Corporation, the country’s most diversified conglomerate, employed over 900 workers for its telecommunications subsidiary, Vega Telecom, before it sold all its assets...
View ArticleClik here to view.
Mitsubishi Motors to post $480M loss over fuel-cheat scandal
TOKYO, Japan – Mitsubishi Motors said Friday, June 17, it will post a $480 million special loss for the current fiscal year to pay compensation to customers over years of cheating on fuel-economy...
View ArticleClik here to view.
PH is fastest-growing smartphone market in ASEAN – report
MANILA, Philippines – The Philippines is now the fastest-growing smartphone market in the Association of Southeast Asian Nations (ASEAN), market research firm International Data Corporation (IDC) said...
View ArticleClik here to view.
Gamesa, Siemens join forces to create global wind power leader
MADRID, Spain – Spanish renewable energy group Gamesa and German engineering giant Siemens said Friday they have agreed to combine their wind power businesses to create one of the world's largest...
View ArticleClik here to view.
Apple's China problems hit US stocks
NEW YORK, USA – US stocks dipped early Friday, June 17, on reports of a crackdown on Apple by China that offset rising optimism that Britain will vote to stay in the European Union.Apple shares fell...
View ArticleClik here to view.
PLDT's digital pivot spills over to Japan
GINZA, Japan – The so-called "digital pivot" of the Philippines’ largest phone carrier PLDT, Incorporated is spilling over into Japan, as it rushes to serve a burgeoning overseas market for significant...
View ArticleClik here to view.
Snapshot of industries: Good, poor performers under Aquino
MANILA, Philippines – The Philippines has seen a rise in ride-sharing apps, a disrupted telecommunications industry, booming real estate, and a challenged utilities sector in the past 6 years.The...
View Article