Netflix pulls out of Cannes festival

LOS ANGELES — Netflix, Inc. said on Wednesday it was totally pulling out of the Cannes Film Festival next month after organizers banned the...

TV wakes up to power of old people and ‘Generation Viagra’

CANNES — They have long been ignored and despised as a “dying demographic” by television executives in the headlong stampede for younger viewers. But with...

Ayala-led Prime Orion planning to develop 2 industrial parks

By Krista A. M. Montealegre, National Correspondent AYALA-LED Prime Orion Philippines, Inc. (POPI) is riding on the country’s manufacturing resurgence, as it targets to become...

Ang Larawan to make its European premiere at the Udine film festival

ANG LARAWAN, the award-winning musical film based on National Artist Nick Joaquin’s play A Portrait of the Artist as Filipino, will be making its...

Phinma eyes LNG facility in Cebu

By Victor V. Saulon, Sub-Editor PHINMA Petroleum and Geothermal, Inc. (PPG) is developing a liquefied natural gas (LNG) facility with a 120-megawatt (MW) power plant...

SFA Semicon Philippines gets $30-million loan from parent

SFA Semicon Philippines Corp. (SSPC) obtained a loan from its parent company to fund capital expenditures and refinance debt. In a disclosure to the stock...

Metrobank raises P60B from SRO

METROPOLITAN BANK & Trust Co. (Metrobank) has completed its stock rights offer (SRO), raising P60 billion to fund its business operations and expansion. In a...

Automation to increase jobs but more training needed — ADB

THE ASIAN Development Bank (ADB) has allayed concerns over fears of job losses as a result of the so-called “fourth industrial revolution,” but added...

Insurance Commission approves Fullerton Health’s PHL market entry

THE Insurance Commission (IC) has approved Singapore-based Fullerton Health Philippines Pte. Ltd. acquisition of two licensed health maintenance organizations (HMO). The IC said in a...

WeWork snapping up China-based rival Naked Hub

HONG KONG/SHANGHAI -- US co-working space provider WeWork Cos. said on Thursday it would buy China-based rival Naked Hub to boost its footprint in...

VW to give workers a role in management to unlock reforms

BERLIN/HAMBURG -- Volkswagen will give workers a management board seat to try to secure agreement for a far-reaching reform of the company under a...

What if the Philippines started its own trade war?

By Jemy Gatdula
Forget the clickbait title. This is just apropos to last week’s column: like the US, domestic and international law affords the Philippines several avenues...