AI is already showing signs of slashing UK job openings

UK BUSINESSES are dialing back hiring for jobs that are likely to be affected by the rollout of artificial intelligence (AI), a study found,...

These are the 50 Best Bars in Asia in 2025

HONG KONG’S Bar Leone, once again, has been crowned Asia’s best bar. In fact, the top three of Asia’s 50 Best Bars remained unchanged, with...

TDF yields edge up as offer goes undersubscribed

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits edged higher on Wednesday as the offer went undersubscribed amid fresh domestic inflation concerns...

Closing a free trade deal with the EU

By Marvin Tort
Bloomberg recently reported that the European Union (EU) is pivoting towards the Asia-Pacific region, actively pursuing new trade agreements with India, China, and other...

Cleaner air in East Asia may have driven recent acceleration in global warming, our...

By Laura Wilcox and Bjørn H. Samset
Global warming has picked up pace since around 2010, leading to the recent string of record warm years. Why this is happening is still...

Only 50% of Filipino adults have financial accounts — World Bank

ONLY 50% of Filipino adults had financial accounts at end-2024 even as 78% own mobile phones, according to the World Bank. The World Bank said...

Peso plunges to P57 level on US CPI

THE PESO plunged back to the P57-per-dollar level on Wednesday as faster-than-expected US consumer inflation data for June dampened bets of further rate cuts...

PSEi slides to 6,300 level after US inflation report

PHILIPPINE SHARES slid further on Wednesday, dragging the main index back to the 6,300 level, as investor sentiment was soured by inflation concerns in...

Indonesia-US trade deal poses competition challenges for PHL

PHILIPPINE EXPORTS to the US, especially garments and textiles, will face stiffer competition after Indonesia obtained a 19% tariff rate, according to an industry group.

PhilHealth rules out contribution rate hike after loss of subsidies

THE Philippine Health Insurance Corp. (PhilHealth) said on Wednesday that member contribution rates will not rise because they are fixed by law, adding that...

Green energy auctions seen on track despite ERC revamp

THE Department of Energy (DoE) said it expects no disruptions to its green energy auction (GEA) timetable, despite extensive personnel turnover in the agency...

PHL deploys long-idled Dalian trains, launches 50% senior fare discount

THE PHILIPPINE government on Wednesday launched the first batch of long-idled Dalian train cars, more than a decade after they were bought from China, as it tries to ease congestion in Metro Manila’s rail network and improve public transportation.