Globe receives higher B rating for climate action initiatives

Globe received a higher B rating in 2021 from the CDP (formerly Carbon Disclosure Project), as it continues to intensify efforts to address climate change. The digital solutions platform discloses its environmental impact through CDP, a global non-profit that runs…

N.Korea launches second hypersonic missile in fiery test

SEOUL – North Korea fired a “hypersonic missile” this week that successfully hit a target, state news agency KCNA reported on Thursday, its second such test as the country pursues new military capabilities amid stalled denuclearisation talks. The launch on…

Cebu Pacific offers flexible domestic flight options until Jan. 31 

CEBUPACIFICAIR.COM Customers of budget carrier Cebu Pacific (CEB) who are travelling domestically from Jan. 5-31, and who wish to postpone their flight, have up to two hours before departure time to choose between the rebook or travel fund options.  The…

Coal-dependent Indonesia starts tapping huge solar power potential

By Gayatri Suroyo and Bernadette Christina UNSPLASH JAKARTA – Aji Tri Atmojo lives in a traditional Javanese house with wooden walls on the outskirts of the Indonesian capital of Jakarta, but his rustic home got a modern touch after he…

Pfizer expects updated COVID-19 vaccine data for kids under 5 by April

NEW YORK – Pfizer Inc expects the latest results from a clinical trial for kids under the age of 5 of the COVID–19 vaccine it developed with Germany’s BioNTech SE by April, a top company scientist said on Wednesday. “The…

BDO Foundation, AFP, and BSP intensify collaboration to enhance financial well-being of soldiers

Efforts to institutionalize financial education in the capacity-building initiatives of the Armed Forces of the Philippines (AFP) gained momentum with the unveiling of financial education materials intended for the uniformed and civilian personnel of the Philippine Air Force, Philippine Army,…

Taiwan to set up $200 mln fund to invest in Lithuania amid dispute with China

VILNIUS – Taiwan said on Wednesday it would create a $200 million fund to invest in Lithuanian industries and boost bilateral trade as it tries to fend off diplomatic pressure on the Baltic state from China. The Lithuanian government, meanwhile,…

Lenders’ exposure to real estate falls as of end-Sept.

Several buildings are seen amid the sunset in Metro Manila. — PHILIPPINE STAR/ MICHAEL VARCAS LOCAL BANKS and trust entities saw a decline in their exposure to the real estate industry at the end of the third quarter of 2021,…

Inflation eases to lowest in 12 months

Inflation in December eased to 3.6%, the lowest in 12 months. — PHILIPPINE STAR/ MICHAEL VARCAS By Bernadette Therese M. Gadon, Researcher PHILIPPINE INFLATION in December eased to its lowest in 12 months, due to the slower increase in the…

Yields on term deposits decline amid tighter mobility restrictions

BW FILE PHOTO YIELDS on the central bank’s term deposits dipped on Wednesday as demand increased following tightened restrictions in the capital and several areas due to the rise in coronavirus disease 2019 infections (COVID-19). Total bids for the term…

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