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Telcos jobs safe from shift to AI, execs assure workers

Nearly 30,000 Filipinos working in the telco industry are safe from getting laid off as a result of automation, as their bosses guarantee they will be reassigned, not removed, if their jobs are taken over by artificial intelligence......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

January 2024 Jobs Report: 353,000 Jobs Added, Unemployment at 3.7%

Title: Job Market Surges in January, Wages Soar and Unemployment Holds Steady Subtitle: Increased Hiring Boosts Economy, Potential Impact on Federal Reserve’s Monetary Policy Byline:.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Nalagasan na naman tayo : ABS-CBN s Alvin Elchico sympathizes with CNN Philippines workers

ABS-CBN news anchor Alvin Elchico sympathized with the media workers who lost their jobs because of CNN Philippines' closure. .....»»

Category: entertainmentSource:  philstarRelated NewsJan 31st, 2024

Residents of UP Area 2 fear closure, demolition

A community at the University of the Philippines in Diliman, Quezon City is fearing closure and demolition with the opening of a mall on the campus this year......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Publiko pinaghahanda sa 6-buwan closure ng Kamuning flyover

Pinapayuhan ng pamunuan ng MMDA ang publiko na paghandaan ang nakatakdang pagsasara ng Edsa-Kamuning flyover. The post Publiko pinaghahanda sa 6-buwan closure ng Kamuning flyover first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 23rd, 2024

Forest fire forces closure of Benguet highway

The Atok Municipal Disaster Risk Reduction and Management Office (MDRRMO) ordered the closure of the Halsema highway (Baguio-Bontoc road), specifically in Kilometer 46, Barangay Paoay due to the raging forest fire in the area on Friday morning......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Makati slams Taguig’s closure of sports facility

The city government of Makati City yesterday criticized Taguig’s “sudden” closure of the Makati Aqua Sports Arena (MASA), which left 4,400 students affected......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

‘Quiboloy’s defiance may lead to SMNI closure’

The refusal of Apollo Quiboloy to honor the House of Representatives’ March 12 subpoena could risk the closure of his Sonshine Media Network International (SMNI), which is being investigated for alleged violations of its legislative franchise, a congressman has warned......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Sudden closure of portion of Osmeña Blvd. causes traffic

Sudden closure of portion of Osmeña Blvd. causes traffic.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Makati hits Taguig over closure of ‘embo’ daycare centers

The city government of Makati yesterday slammed Taguig for shifting the blame over the closure of daycare centers in the 10 enlisted men’s barrio or “embo” barangays......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

‘Media is a public good:’ Closure of CNN Philippines draws concerns from UN expert

The United Nations special rapporteur on freedom of expression and opinion said that the recent closure of CNN Philippines is a "worrying sign" for media freedom in the country......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

PCCI: P100 wage hike to hurt SMEs

The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

BAP selling PDS stake ‘at right conditions’

The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»

Category: financeSource:  philstarRelated News12 hr. 15 min. ago

Jollibee buys 10% stake in Botrista for $28-M

Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL revives stake sale to investors

Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

AboitizPower hikes stake in STEAG

Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024