Economic rebound seen this year

MANILA – Prospects for economic recovery are up for the Philippines but uncertainties remain thus, the greater need for policy discipline and readiness for any risks,...

Allstate’s Ryan Michel appointed Chair of the Board of Directors for Insurance Bureau of Canada

​June 16, 2021 (TORONTO) – Insurance Bureau of Canada (IBC) is pleased to announce that its Board of Directors has elected Ryan Michel as its Chair....

Businesses urged to spend big on innovation, digitalization

Recovery seen with gradual lifting of restrictions, vax rollout

MANILA – The gradual lifting of quarantine restrictions and continuous vaccination rollout will help the Philippine economy recover by 6 to 7 percent in 2021 and...

What’s the G-7? An international economist explains

The Group of 7 is an informal group of seven powerful democracies: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The presidents...

Shipping is tough on the climate and hard to clean up – these innovations can help cut emissions

Ships carry more than 80% of world trade, and they rely heavily on some of the least environmentally friendly transportation fuels available. There are no cheap,...

Alcohol companies make $17.5 billion a year off of underage drinking, while prevention efforts are starved for cash

Alcohol is still the most commonly used drug among high school students. According to the Centers for Disease Control and Prevention, every year approximately 3,500 people...

A new reason Americans are getting leery of billionaire donors

Warren Buffett, Elon Musk, Jeff Bezos and the rest of the 25 richest Americans paid very low federal income taxes from 2014 to 2018 even as...

DOE says recent outages not due to power crisis

MANILA – The Department of Energy (DOE) reiterated on Thursday there is no power crisis in the country following the three-day rotational brownouts in some parts...

Alibaba Cloud building first data center in PH

MANILA – Filipino professionals in the digital technology industry can expect employment opportunities as Alibaba Cloud, the digital intelligence backbone of Alibaba Group, eyes to build its...