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Biden compares Hamas attack to Holocaust in antisemitism warning

US PRESIDENT JOSEPH R. BIDEN — WHITEHOUSE.GOV

WASHINGTON — US President Joseph R. Biden warned on Tuesday that the threat of antisemitism is growing in the United States, including on college campuses, as his support for Israel’s assault on Gaza divides Democrats and alienates some young voters.

In a speech honoring the 6 million Jews killed in the Holocaust, Mr. Biden joined a heated American debate about Jewish security, Zionism, free speech and support for Israel, in the country with the largest Jewish population after Israel.

Addressing a bipartisan audience at the US Holocaust Memorial Museum’s annual commemoration, he warned of the risk that the truth about the systematic killing of Jews during World War II would be lost.

“’Never again’ simply translated for me means: Never forget. Never forgetting means we must keep telling the story, we must keep teaching the truth,” Mr. Biden said at the US Capitol’s Emancipation Hall. “The truth is we’re at risk of people not knowing the truth.”

Biden spoke seven months to the day after the Palestinian militant group Hamas attacked Israel on Oct. 7, killing 1,200 by Israeli tallies, in what he has called the deadliest day for Jews since the Holocaust.

“This hatred (of Jews) continues to lie deep in the hearts of too many people in the world and requires our continued vigilance and outspokenness,” Mr. Biden said.

“Now here we are, not 75 years later, but just seven and a half months later, and people are already forgetting … that Hamas unleashed this terror,” he said. “I have not forgotten, nor have you. And we will not forget.”

Mr. Biden’s speech comes as Israel’s retaliation has killed nearly 35,000 people in Gaza, which is controlled by Hamas, according to Gaza health authorities, left many of the area’s 2.3 million people on the brink of starvation and sparked protests in the US demanding that universities and Mr. Biden withdraw support for Israel.

Mr. Biden acknowledged Americans’ right to protest and demonstrate but didn’t mention the Gaza deaths.

“We know scapegoating and demonizing any minority is a threat to every minority,” Mr. Biden said. “There is no place on any campus in America for antisemitism, hate speech or threats of violence of any kind.”

On Tuesday, Israeli forces seized the main border crossing between Egypt and southern Gaza, shutting down a vital aid route for Palestinian civilians as they prepared a possible offensive aimed at eliminating Hamas fighters.

Many Jewish Americans have been critical of Israel’s Gaza attacks, leading protests against actions of right-wing Prime Minister Benjamin Netanyahu’s government and condemning Netanyahu in Congress.

Mr. Biden said his commitment to Israel was ironclad, even amid disagreements with the country’s government. The US government has been holding up several shipments of weapons to Israel, a source told Reuters on Tuesday.

ANTISEMITISM, HATE CRIMES JUMP
Law enforcement and advocacy groups report a sharp rise in antisemitic attacks in the US since Oct. 7, as well as anti-Muslim attacks. Some Americans favor zero-tolerance policies defining antisemitism broadly, while others see the threat of attacks against Jews being used to limit legitimate criticism of US support for Israel. “Antisemitism is reaching crisis levels in our country,” said Carol Ann Schwartz, national president of Hadassah, a women’s Zionist organization that has been consulted by the White House.

Mr. Biden, who is in a tight race for the White House with Republican rival Donald Trump, pledged to unite the country.

He said he was inspired to run by then-President Trump’s response to the 2017 Charlottesville, Virginia, white nationalist rally, where marchers chanted, “Jews will not replace us.” Mr. Biden now governs a country no less divided than when he took office in 2021, most statistics show.

The FBI reported a 36% increase in anti-Jewish hate crime incidents between 2021 and 2022, the latest year for which data is available, as well as a jump in crimes against Black Americans and gay men.

CAMPUS PROTEST POLITICS
Trump has sought to exploit Democratic divisions over Israel’s response and widening college protests to improve Republicans’ lot with Jewish voters, who traditionally vote Democratic.

Police crackdowns on some campuses have given ammunition to Trump’s claim that US cities are under siege from violent crime, illegal migration and out-of-control leftist policies. Trump’s Republican Party has argued that the protests are driven by antisemitism.

“Jewish Americans are realizing that the Democrat Party has turned into a full-blown anti-Israel, antisemitic, pro-terrorist cabal,” said Karoline Leavitt, a Trump campaign spokesperson.

Mr. Biden has asked the Department of Education to provide colleges with examples of antisemitic discrimination that could lead to a federal civil rights investigation, and technology firms to determine the best ways to monitor antisemitism online.

About seven in 10 US Jewish voters support Democrats, while three in 10 are Republican-aligned, according to the Pew Research Center.

Kenneth Stern, director of the Bard Center for the Study of Hate, who helped craft a modern “working definition of antisemitism,” said the word is being misused to stifle protected speech about Israel.

The US House of Representatives passed a bill last week that would apply the definition Mr. Stern helped develop to enforce federal anti-discrimination laws on college campuses. Mr. Stern opposes the bill.

“I don’t think that you can combat hatred of any type effectively with weak democratic institutions,” said Stern. “When we have a government that decides it’s going to stop certain things from being said, that creates an opportunity for totalitarianism, authoritarianism, and that’s never good for the Jews.” — Reuters

World’s record-breaking temperature streak extends through April

Global warming - STOCK IMAGE

— The world just experienced its hottest April on record, extending an 11-month streak in which every month set a temperature record, the European Union’s climate change monitoring service said on Wednesday.

Each month since June 2023 has ranked as the planet’s hottest on record, compared with the corresponding month in previous years, the Copernicus Climate Change Service (C3S) said in a monthly bulletin.

Including April, the world’s average temperature was the highest on record for a 12-month period – 1.61 degrees Celsius above the average in the 1850-1900 pre-industrial period.

Some of the extremes – including months of record breaking sea surface temperatures – have led scientists to investigate whether human activity has now triggered a tipping point in the climate system.

“I think many scientists have asked the question whether there could be a shift in the climate system,” said Julien Nicolas, C3S Senior Climate Scientist.

Greenhouse gas emissions from burning fossil fuels are the main cause of climate change. In recent months, the natural El Nino phenomenon, which warms the surface waters in the eastern Pacific Ocean, has also raised temperatures.

Scientists have already confirmed that climate change caused some specific weather extremes in April, including a heatwave in the Sahel linked to potentially thousands of deaths.

Hayley Fowler, a climate scientist at Newcastle University, said the data showed the world is perilously close to breaching the 2015 Paris Agreement’s goal to cap global warming at 1.5 degrees Celsius.

“At what point do we declare we’ve lost the battle to keep temperatures below 1.5? My personal opinion is we’ve already lost that battle, and we really need to think very seriously about keeping below 2C and reducing our emissions as fast as we can,” she said.

Countries agreed the 1.5C goal at a U.N. climate summit in 2015. It is the level scientists say would avoid the most disastrous consequences of warming, like fatal heat, flooding and the irreversible loss of ecosystems.

Technically, the 1.5C target has not yet been missed, as it refers to an average global temperature over decades. But some scientists have said the goal can no longer realistically be met, and have urged governments to cut CO2 emissions faster to limit overshoot of the target.

C3S’ dataset goes back to 1940, which the scientists cross-checked with other data to confirm that last month was the hottest April since the pre-industrial period. — Reuters

Redefining dining experience on the road with McDonald’s Drive-Thru VIP

Drive-thru lanes have reinvented the way people experience dining, providing a convenient and efficient option for those with busy schedules or a desire for a quick meal on the go. This modern-day dining has become an integral part of the culture, offering speed and convenience that caters to the fast-paced lifestyle of many individuals.

In a report by Cognitive Market Research, the global drive-thru food market reached $626.16 billion in 2022 and is projected to reach $1120.34 billion by 2030, indicating a Compound Annual Growth Rate of 5.62%. Similarly, a study published in an open-access journal Foods stated that drive-thru services in the Philippines have highlighted the importance of subjective appetites, menu options, and satisfaction in driving customer loyalty and repurchase intentions.

While drive-thru lanes offer undeniable benefits, they are not without their challenges. Long queues, impersonal interactions, and occasional errors in orders have been common complaints associated with traditional drive-thru experiences.

With this matter at hand, fast-food chains and restaurants have turned to technology to streamline their drive-thru operations. From mobile ordering apps to AI-driven order processing systems, these innovations aim to reduce wait times, improve order accuracy, and personalize customer interactions.

Goldwin Boliche and son

McDonald’s, for its part, consistently seeks innovative ways to enhance customer satisfaction. The fast-food giant has recently introduced a new feature to its drive-thru experience — the Drive-Thru VIP Program.

For those who crave a seamless, personalized dining experience even while on the move, McDonald’s Drive-Thru VIP offers customers exclusive discounted deals that will suit the needs of people on the go or those who prefer to dine in the comfort of their own vehicles.

One of the many perks of being a Drive-Thru VIP is exclusive offers such as the Double Cheeseburger Medium Meal which is discounted to just P99. This is a great deal for those who are looking for a quick bite while on the move. In addition, the program gives away free Hash Browns with every Breakfast Deal — a great way to kickstart one’s morning drive.

Couple Richard and Angelina Taw

For those looking to share a meal with their loved ones, McDonald’s Drive-Thru VIP program also offers discounted Group Deals that are perfect for the whole family. These deals are designed to cater to the needs of families who want to enjoy a delicious meal together while on the go.

To sweeten the deal, the program promises to offer more exciting deals each month exclusively for Drive-Thru VIPs. This ensures that customers will always have something to look forward to every time they visit McDonald’s.

Moreover, due to COVID-19, contactless services have become increasingly popular, and drive-thru ordering systems have become a go-to for many customers. With the McDonald’s Drive Thru VIP campaign, the experience is further enhanced with exclusive perks to its VIP customers.

To avail such perks McDonald’s Drive-Thru VIP, customers have to sign up at the official McDonald’s App by clicking the Drive-Thru VIP banner on the Home Page of the app; answer a short survey; and then claim the Drive-Thru VIP deals they want to use.

Couple Richard and Angelina Taw, 55 years old and 60 years old, respectively, shared insights into their dining habits and how McDonald’s Drive-Thru VIP has made their lives easier.

“We sometimes use drive-thru services for quick meals on busy days,” Mr. and Mrs. Taw explained. “We look for speed and accuracy in this kind of service because of our hectic schedules and lifestyle.”

The couple noted that placing orders at discounted prices and receiving their meals fresh and on time at the drive-thru window significantly contribute to mealtime convenience, even on the road.

“It was hassle-free and very easy,” the couple said. “With our busy schedules, we always look for convenient ways to save time, and this one really made a positive impact.”

Meanwhile, Goldwin Boliche, 30 years old, and his 3-year-old son also shared their experience with McDonald’s Drive-Thru VIP.

Mr. Boliche said that they are using McDonald’s Drive-Thru VIP two to three times a week, depending on the situation. He also emphasized the importance of serving “quick and hot food,” especially when dining with a child.

Compared to traditional drive-thru ordering, Mr. Boliche found the VIP service much easier and time-saving. He mentioned that he could easily choose from well thought out deals from the McDonald’s App on his phone and thereafter just present and scan at the Drive-Thru lane.

“Definitely ordering from your phone is much easier,” he stated. “10 over 10, and more convenient.”

“I had a smooth experience ordering, and I would definitely do it again using VIP,” Mr. Boliche added.

Experience an elevated drive-thru experience at McDonald’s by downloading the McDonald’s App, available on Google Play and Apple App Store.

 


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US revokes Intel, Qualcomm’s export licenses to sell to China’s Huawei, sources say

STOCK PHOTO

 – The US has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies, three people familiar with the matter said.

A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The US Commerce Department earlier in the day confirmed it had revoked some licenses but stopped short of naming the companies.

A spokesperson for Intel declined to comment. Qualcomm did not respond to a request for comment and Huawei did not immediately respond.

The move comes after the release last month of Huawei’s first AI-enabled laptop, the MateBook X Pro powered by Intel’s new Core Ultra 9 processor.

The laptop launch drew fire from Republican lawmakers, who said it suggested to them that the Commerce Department had given the green light to Intel to sell the chip to Huawei.

“We have revoked certain licenses for exports to Huawei,” the Commerce Department said in a statement, declining to specify which ones it had withdrawn.

The Commerce Department’s move, first reported by Reuters, comes after concerted pressure by Republican China hawks in Congress who have been urging the Biden administration to take tougher action to thwart Huawei.

“This action will bolster US national security, protect American ingenuity, and diminish Communist China’s ability to advance its technology,” Republican Congresswoman Elise Stefanik said in a statement.

The move could hurt Huawei which still relies on Intel chips to power its laptops, and could hurt US suppliers that do business with the company.

Intel has also been facing weak demand for its traditional data center and PC chips. Last month, it lost $11 billion in stock market value after forecasting second-quarter revenue and profit below market estimates.

Huawei was placed on a US trade restriction list in 2019 amid fears it could spy on Americans, part of a broader effort to handicap China’s ability to bolster its military. Being added to the list means the company’s suppliers have to seek a special, difficult-to-obtain license before shipping.

Even so, suppliers to Huawei have received licenses worth billions of dollars to sell Huawei goods and technology, including one particularly controversial authorization, issued by the Trump administration, which has allowed Intel to ship central processors to Huawei for use in its laptops since 2020.

Qualcomm has sold older 4G chips to handsets since receiving a license from US officials in 2020. In regulatory filing earlier this month, Qualcomm had said it did not expect to receive more chip revenue from Huawei beyond this year.

However, Qualcomm still licenses its portfolio of 5G technologies to Huawei, which last year began using a 5G chip designed by its HiSilicon unit that most analysts believe is manufactured in violation of US sanctions. Qualcomm said in the filing this month that its patent deal with Huawei expires early in Qualcomm’s fiscal 2025 and that it has started negotiations to renew the deal.

Critics argue such licenses have contributed to the company’s resurgence. Huawei shocked industry last August with a new phone powered by a sophisticated chip manufactured by Chinese chipmaker SMIC, despite US export restrictions on both companies.

The phone helped Huawei smartphone sales spike 64% year on year in the first six weeks of 2024, according to research firm Counterpoint. Its smart car component business has also contributed to Huawei’s resurgence, with the company notching its fastest revenue growth in four years in 2023. – Reuters

US lawmakers revise bill to ensure quick airline refunds

UNSPLASH

 – US House and Senate negotiators agreed late Tuesday to revise language in an aviation reform bill to ensure quick refunds for airline passengers whose flights are canceled and who are not seeking alternative flights.

On April 24, the US Transportation Department finalized new rules that later this year will require automatic cash refunds for canceled flights when passengers choose not to take a new flight.

A bipartisan proposal in Congress released last week that said passengers must request the refunds had raised concerns the law could undercut rule that would ensure people who bought non-refundable tickets got reimbursed for canceled flights.

But under revised language first reported by Reuters and made public Tuesday, refunds would be automatic in many instancesAutomatic refunds would not apply if passengers rebooked and accepted a new flight.

Senators hope the revised bill will win approval before a Friday deadline to reauthorize the Federal Aviation Administration for five years.

Senate Commerce Committee Chair Maria Cantwell, a Democrat who led the talks on the revised language, said, “Statutory rights to refunds are a big win for consumers in this bill. Passengers can reject vouchers or alternative flights, and without hassle, get a refund.”

Democratic Senator Ed Markey called the refund bill “a victory for airline consumers everywhere.”

A spokesperson for Senator Ted Cruz, the panel’s top Republican, said he and Cantwell had agreed to add a “clarifying point affirming the right of consumers to get a refund if that is their preference.”

Senators Elizabeth Warren and Josh Hawley had proposed an amendment to make the refunds automatic and “crack down on burdensome corporate processes put in place to maximize airlines’ profits.” The new provision is similar to what Warren and Hawley had sought.

Neither the rule nor the legislation mandates compensation for delays — as is required for some lengthy waits in the European Union. President Joe Biden said last May that the Transportation Department would propose new rules requiring airlines to compensate passengers with cash for significant controllable flight delays or cancellations.

The nearly 1,100-page, $105 billion bill would also boost air traffic controller staffing and hike funding to avert runway close-call incidents. But it does not include a provision passed by the House of Representatives to raise the airline pilot retirement age to 67 from 65.

The bill prohibits airlines from charging fees for families to sit together, adds five daily roundtrip flights at busy Washington National Airport and requires airlines to accept vouchers and credits for at least five years.

The bill also requires airplanes to be equipped with 25-hour cockpit recording devices and directs the FAA to deploy advanced airport surface technology to help prevent collisions. – Reuters

AstraZeneca says it will withdraw COVID-19 vaccine globally as demand dips

AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a “surplus of available updated vaccines” since the pandemic.

The company also said it would proceed to withdraw the vaccine Vaxzevria’s marketing authorizations within Europe.

“As multiple, variant COVID-19 vaccines have since been developed there is a surplus of available updated vaccines,” the company said, adding that this had led to a decline in demand for Vaxzevria, which is no longer being manufactured or supplied.

According to media reports, the Anglo-Swedish drugmaker has previously admitted in court documents that the vaccine causes side-effects such as blood clots and low blood platelet counts.

The firm’s application to withdraw the vaccine was made on March 5 and came into effect on May 7, according to the Telegraph, which first reported the development.

London-listed AstraZeneca began moving into respiratory syncytial virus vaccines and obesity drugs through several deals last year after a slowdown in growth as COVID-19 medicine sales declined. – Reuters

US probe finds widespread sexual misconduct at FDIC

 – The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator’s leadership.

The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 people, including some who alleged FDIC Chair Martin Gruenberg had engaged in bullying and verbal abuse.

Overall, the report by law firm Cleary Gottlieb paints a picture of an agency at which sexual harassment, racial discrimination and bullying were pervasive at every level and tolerated by senior leaders for years, while complaints about misconduct were met with retaliation.

“For far too many employees and for far too long, the FDIC has failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct,” said the report, adding that those accused of misconduct were frequently reassigned new roles.

Underscoring the agency’s toxic culture, officials tasked with addressing the problems exposed by the WSJ reports were themselves the subject of misconduct claims, the Cleary Gottlieb report found.

The findings sparked renewed calls for the ouster of Gruenberg, a Democrat who has been a senior leader at the agency for nearly two decades.

Representative Patrick McHenry, a Republican who chairs the House Financial Services Committee, called for Gruenberg’s resignation following the report, saying it made clear the agency needs new leadership.

“The FDIC needs to be fixed. The women and men who work there deserve better,” Sherrod Brown, chair of the Senate Banking, Housing, and Urban Affairs Committee, said in a statement. “Chair Gruenberg must accept responsibility and must immediately work to make fundamental changes to the agency and its culture.”

Some employees described Mr. Gruenberg as “harsh” and “aggressive”, as well as prone to losing his temper, the report said. In speaking with investigators, Mr. Gruenberg said he never recalled acting inappropriately. The report said some employees reported positive interactions with him and saw his nature as more “prosecutorial.”

In a statement to staff, Mr. Gruenberg said the report was “sobering” and he vowed to implement its recommendations.

He said he was ultimately responsible for everything that happened at the agency and apologized for any shortcomings. “I again want to express how very sorry I am,” he added.

 

LEADERSHIP CLOUD

The report recommends the appointment of new officials devoted to changing the FDIC’s culture and hiring an independent third party to assist in the transition, although it did not consider whether top leaders should resign.

It also called on the agency to establish an anonymous hotline to report misconduct and abuse, develop a more timely and transparent process for handling complaints, and take steps to ensure victims are protected and supported.

While the report found that Mr. Gruenberg’s aggressive conduct was not a root cause of the more severe issues at the agency, it was skeptical of his ability to oversee the necessary dramatic overhaul.

“As the FDIC faces a crisis relating to its workplace culture, Chairman Gruenberg’s reputation raises questions about the credibility of the leadership’s response to the crisis and the ‘moral authority’ to lead a cultural transformation,” the report stated.

The departure of Mr. Gruenberg, who was appointed by President Joe Biden in 2022, could imperil the administration’s efforts to impose stricter financial rules, including a pending regulatory proposal on bank capital requirements, which has sparked a backlash from Republicans and industry representatives.

A White House spokesperson did not respond to a request for comment.

If Mr. Gruenberg steps down or is removed, agency bylaws stipulate that FDIC Vice Chair Travis Hill, a Republican, take over, and the agency’s board would be evenly split between Republicans and Democrats. – Reuters

Britain to build Europe’s first next generation nuclear fuel facility

REUTERS

 – Britain is investing almost 200 million pounds ($251.14 million) to build Europe’s first facility to produce high-assay, low-enriched uranium (HALEU), a fuel it says will be needed to power the next generation of nuclear energy projects, the government said on Wednesday.

As part of efforts to meet climate targets and boost energy security, Britain is seeking to increase its nuclear power capacity by 2050 to 24 gigawatts, equivalent to about a quarter of projected electricity demand, from about 14% today. It hopes to build new advanced reactors which could need the HALEU fuel.

“As we see more advanced modular reactors coming onstream, HALEU will be the fuel that will be required so having more of that technology in the UK will mean we are able to supply them from a domestic source,” Andrew Bowie, Britain’s minister for nuclear and renewables said in an interview.

Britain is awarding uranium enrichment firm Urenco 196 million pounds to build the facility in Cheshire, Northwest England, which will support around 400 jobs. It will be ready to produce the fuel by 2031 to be used domestically or exported, the Department for Energy Security and Net Zero said.

“There are obviously opportunities to export this fuel to our allies who themselves want to wean themselves away from an over reliance on Russia for their nuclear fuel,” Bowie said.

Many firms globally developing advanced nuclear reactors are relying on HALEU to fuel them but the main company currently selling commercial shipments of the fuel is TENEX, part of Russia’s state-owned energy company Rosatom.

Since Russia’s invasion of Ukraine the west has been seeking to reduce its energy imports from Russia.

US firm Centrus Energy has also begun producing small amounts of the fuel and expects to scale up production while France’s Orano is considering building a facility in the US

HALEU is enriched to levels of up to 20%, rather than around 5% for the uranium that powers most existing nuclear plants.

Britain also on Wednesday announced a competition for up to 600 million pounds in contracts to build the world’s first commercially viable fusion power station prototype which it hopes to have connected to the power grid by 2040.

Scientists, governments and companies globally, including in the US and Japan, have been trying for years to harness fusion, the nuclear reaction that powers the sun, to produce emission-free electricity that does not create large amounts of long-lasting radioactive waste. – Reuters

Renewables provided record 30% of global electricity in 2023, Ember says

 – Growth in solar and wind power pushed renewable generation to a record 30% of global electricity production in 2023, putting a global target to triple renewable capacity by 2030 within sight, a report by think tank Ember said.

Cutting fossil fuel use and emissions in the power sector is seen as vital to meeting global climate targets. More than 100 countries at the COP28 climate summit in Dubai last year agreed to triple renewable energy capacity by 2030.

Ember’s Global Electricity Review showed renewable sources provided 30.3% of global electricity last year, up from 29.4% in 2022 as growth in projects, particularly solar, increased capacity.

“The rise in solar capacity that happened during 2023 really unlocks the possibility that we are able to reach that level of renewables by 2030, and the tripling of capacity that was promised at COP28,” Dave Jones, Ember’s director of global insights said in an interview.

More than half of the global additions in solar and wind capacity came in China last year, the report said, with total global solar generation up 23.2% and wind power up 9.8%.

Industry experts have said issues around grid connections and permits for new projects need to be solved for the target to be met.

The report predicted continued renewable growth would see fossil fuel power production fall by 2% in 2024 and push overall fossil fuel power production to less than 60% of global electricity production for the first time since at least 2000, when Ember’s data begins.

“A permanent decline in fossil fuel use in the power sector at a global level is now inevitable, leading to falling sector emissions,” the report said. – Reuters

 

EastWest Pay: Pioneering NFC mobile payments in the Philippines

Mobile phone-based NFC (Near Field Communication) payments have been prominent since the 2014 debut of Apple Pay, followed by Google Pay in 2015. However, credit card issuers outside the United States have historically depended on these tech giants to expand such technologies internationally. Unwilling to wait any longer, EastWest has proactively developed its own NFC mobile payment application, a feat no other global credit card issuer has accomplished. This technology was once solely dominated by Apple and Google.

In September 2023, EastWest introduced EastWest Pay, declaring its status as a technological leader both in the Philippines and globally. This innovation positions EastWest at the forefront of the banking industry, challenging peers to recognize and respond to its advancements. The successful integration of mobile NFC and tokenization technology has established EastWest as a pioneer, empowering Filipinos to stand alongside global giants like Apple and Google.

EastWest Pay, in partnership with Visa, offers a tap-to-pay feature that enables users to link their EastWest Visa credit cards—including the EastWest Priority Visa Infinite, EastWest Visa Platinum, EastWest Visa Gold, and EastWest Visa Privilege—for cardless transactions. To enhance security, the app requires mobile verification and a six-digit passcode at registration. By using an NFC-powered Android phone, users experience a faster, more convenient, and secure payment process at Point of Sale (POS) terminals. This eliminates the need to carry physical credit cards or search for cash, allowing for seamless transactions with just a few taps on your smartphone.

With a focus on convenience, security, and seamless integration, EastWest is shaping the future towards a cardless society in the Philippines. Since its launch, EastWest Pay has solidified its place in the digital finance landscape as the first tech-innovative solution of its kind in the local market. Next time you consider reaching for your wallet, opt for your Android phone instead—because with EastWest Pay, the future of finance is already in your hands.

Download the EastWest Pay app today from the Google Play Store and step into the future of financial transactions.

To find out more about EastWest Pay, go to https://www.eastwestbanker.com/pages/eastwest-pay.

 


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Globe Business takes home eight awards at 2024 Asia-Pacific Stevie® Awards

Globe Business, the enterprise and MSME arm of mobile leader Globe, has earned a total of eight prestigious accolades at this year’s Asia-Pacific Stevie® Awards in recognition of its excellence in innovation.

The Asia-Pacific Stevie Awards recognizes innovation among organizations in the region’s 29 markets. It is one of the notable programs under the Stevie® Awards, the world’s premier business awards.

Globe Business brought home an impressive eight Stevies – 2 Gold, 4 Silver, and 2 Bronze, solidifying its position as a trailblazer in the Philippine telecom sector.  Its wins include:

Gold:

  • Innovative Use of Technology in Customer Service (Telecom) for “Project 5-Star: Next Gen CX”
  • Innovation in Technology Management, Planning & Implementation (Telecom) for “Mindhive – The 2023 Innovation Series: An Immersive Learning Hackathon”

Silver:

  • Innovation in Community Relations or Public Service Communications for “Project Pinaypreneurs: Globe Business’ International Women’s Month Campaign”
  • Innovation in the Use of Events for “Mindhive – The 2023 Innovation Series: An Immersive Learning Hackathon”
  • Innovation in the Use of Video for “At Your SerBiz: Video Podcast Campaign”
  • Thought Leadership Campaign of the Year for “G Summit 2023: Phase Forward”

Bronze:

  • Innovation in the Use of Events for “Project Cyber Madness: A Cybersecurity Experiential Event for C-Suite and Working Teams”
  • Innovative Achievement in Thought Leadership for “Mindhive – The 2023 Innovation Series: An Immersive Learning Hackathon”

“We are immensely proud of these achievements which showcase our relentless pursuit of innovation to empower Filipino businesses big and small,” said KD Dizon, Head of Globe Business. “This recognition fuels our passion to continue delivering cutting-edge solutions that drive business growth and national progress.”

The Stevie® Awards further cement the position of Globe Business as a vanguard of technological advancements, inspiring the brand to push boundaries and shape a brighter future for businesses in the Philippines.

To learn more about Globe, visit https://www.globe.com.ph/. To know more about Asticom, check out https://asticom.com.ph/.

 


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Ginebra San Miguel, Inc. sets Regular Stockholders’ Meeting via remote communication on May 30

 


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