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Nike Announces Layoffs of Over 1,500 Employees in Comprehensive Restructuring
Nike, the renowned sportswear and apparel company, has announced plans to cut 2% of its workforce, which translates to over 1,500 jobs. This move is.....»»
31 areas, including Metro Manila, face dangerous heat index on May 12
State weather bureau PAGASA warned that the heat index in 31 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Sunday......»»
Dangerous heat index expected in 30 areas nationwide, including NCR
State weather bureau PAGASA reported that the heat index in 30 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Saturday......»»
Cebu temperatures to hit 40°C as scorching weather persists
CEBU CITY, Philippines – The searing heatwave continues in Metro Cebu and the rest of the province as temperatures are expected to soar and the maximum heat index is projected to peak at 40 degrees Celsius on Saturday, April 27. This forecast comes from the 24-hour weather outlook and extended forecast released by the Philippine.....»»
Blue Eagles soar past Lady Falcons for winning exit
The Ateneo Blue Eagles ended their roller-coaster UAAP Season 86 women’s volleyball campaign in a positive way as they made quick work the Adamson Lady Falcons, 25-13, 25-17, 25-21 Wednesday at the Smart Araneta Coliseum......»»
Gaza aid: Ships with a second round of food, supplies departed Cyprus
JERUSALEM — A three-ship convoy left a port in Cyprus on Saturday with 400 tons of food and other supplies for Gaza as concerns about hunger in the territory soar. The World Central Kitchen charity said the vessels and a barge carried enough to prepare more than 1 million meals from items like rice, pasta,.....»»
Social Media Firms Shares Soar in Stock Market Debut
India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»
Prices of food supplies in Mindanao markets soar amid Ramadhan
The Bangsamoro government and its constituent-local government units have fused ranks to stop the practice of unscrupulous traders to increase prices of food supplies they sell in markets during the Islamic Ramadhan season......»»
Lady Falcons soar past Lady Warriors
Adamson pounced on the Jerry Yee-less University of the East, 25-19, 25-19, 26-28, 29-27, to get back on track in the UAAP Season 86 women’s volleyball tournament yesterday at the Mall of Asia Arena......»»
EV sales soar six-fold, thanks to tariff relief
The adoption of electric vehicles in the country is gaining more ground, as Filipinos increasingly cater to eco-friendly modes of transportation amid the country’s effort to push for the electrification of transport......»»
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......»»
Wholesale price of tomatoes soar
Two months after the reported dumping of tomatoes, the wholesale price of the produce at the Nueva Vizcaya Agricultural Terminal has soared to P70 per kilo due to shortage......»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
Philippines: More than one million children in Muslim Mindanao need protection from highly infectious measles spread
COTABATO/MANILA, 28 March 2024 - A major immunization drive in early April will reach over 1.3 million children in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) following the alarming surge in measles cases with 77 per cent of the confirmed cases in the Philippines being reported from this region.From the 1st until 12th April, health workers will provide lifesaving vaccines to prot.....»»
‘No reason for pork price surge in Visayas, Mindanao’
There is no reason for the spike in retail prices of pork in the Visayas and Mindanao, as the prevailing live weight cost is only P180 per kilo, farmers’ group Samahang Industriya ng Agrikultura said over the weekend......»»
Tesla sales booming in Ukraine - Le Figaro
Purchases of electric vehicles have surged tenfold over the past two years, according to the outlet Ukraine is experiencing a "surprising boom" in electric vehicles that has seen purchases surge almost tenfold compared to pre-conflict levels, Le Figaro reported on Monday. Tesla vehicles are particular.....»»
Xinhua world economic news summary at 0900 GMT, April 12
SEOUL -- South Korea's employment kept rising last month due to a fast increase in elderly jobs, statistical office data showed Friday. The number of employed people aged 15 or older expanded 173,000 from a year earlier to 28,396,000 in March, according to Statistics Korea. It marked the lowest growth in over three years since February 2021, but the employment continued to grow thanks to higher elderly jo.....»»
Is AI Taking Over My Job? 5 Ways GenAI is Affecting Jobs in the Philippine IT-BPM Industry
Amidst the hustle of the Philippine economic landscape, the Information Technology Business Process Management (IT-BPM) industry is undergoing a radical shift fueled by Generative Artificial Intelligence (GenAI). A dynamic journey of challenges and opportunities is redefining the industry’s future. Led by the IT and Business Process Association of the Philippines (IBPAP), immerse in a fast-paced […].....»»
ChatGPT – Year of the Dragon
The bull market in stocks was driven by the enthusiasm over artificial intelligence and the myriads of possibilities that it offers. Considering this and the upcoming Chinese New Year, we thought it was appropriate to ask ChatGPT, OpenAI’s chat bot, about its forecasts for the year of the dragon......»»