Asian Development Outlook 2016
GROWTH across Asia and the Pacific — including the Philippines and the rest of Southeast Asia — should remain “solid” this year even in the wake of the United Kingdom’s (UK) June 23 vote to leave the European Union (EU), dubbed “Brexit,” that had otherwise shaken global financial markets, the Asian Development Bank (ADB) said in a report released yesterday. Read the full story.
Filipinos’ net trust in China
CHINA found itself still distrusted by many Filipinos last month in a survey the Social Weather Stations (SWS) conducted a little more than two weeks before the historic Hague ruling against it, but that net trust rating turned out to be the country’s best in two years. Read the full story.
Overseas Filipinos’ cash remittances
Money sent home by Filipinos abroad — a key driver of household spending that contributes nearly 70% to the economy — grew at a markedly slower pace in May from the preceding month and from a year ago, supporting official expectations of a cumulative increase this year that could be the smallest the country has seen in years. Read the full story.
Your car’s been studying you closely and everyone wants the data
AS YOU MAY have suspected, your car is spying on you. Fire up a new model and it updates more than 100,000 data points, including rather personal details like the front-seat passenger’s weight. The navigation system tracks every mile and remembers your route to work. The vehicular brain is smart enough to help avoid traffic jams or score parking spaces, and soon will be able to log not only your itineraries but your Internet shopping patterns.
New Ghostbusters cast shakes off criticism to revive classic story
LOS ANGELES — The four lead actresses of the new Ghostbusters are out to prove that women can fight supernatural entities just as well as their male predecessors.
MoneyGram renews endorsement contract with action star
MONEYGRAM, a global money transfer company, has renewed its contract with actor Robin Padilla as its global ambassador in line with the brand’s continuous efforts to be far-reaching.
A remittance campaign champions sari-sari store owners
ON AVERAGE, Filipinos take 22 minutes to reach the nearest financial service centers for their transactions. According to data from the first National Baseline Survey on Financial Inclusion released by the Bangko Sentral ng Pilipinas last year, this averages at P43 in fares round trip.
Pregnancy multivits ‘unnecessary’ for most: experts
PARIS — Multivitamins and mineral supplements in pregnancy are an “unnecessary expense” with no proven benefits for most well-nourished women or their babies, said a review of science data Tuesday.
Five questions on Germany’s green energy shift
BERLIN — Germany’s Energiewende or energy transition is its biggest infrastructure project of the post-World War II era, and its greatest national challenge since reunification in 1990.