CebuPac sees brighter days ahead despite pandemic gloom
Budget airline Cebu Pacific expects to weather the impact of the COVID-19 pandemic despite suffering a major financial loss in the first six months of 2020. In a stock exchange…
SMDC Gem Residences makes the C5-Pasig stretch sparkle
The future remains bright for the biggest residential developer in the country as it continues to introduce new developments in prime locations, launching its first of many planned developments in…
As HIV cases among Filipino males rise, Durex calls for continued awareness and support to the LGBTQIA+ community
With the ongoing pandemic, the COVID-19 virus has been on everybody’s mind, causing tremendous anxiety and fear in everyone. While undeniably COVID-19 has resulted in a health crisis of unparalleled…
UK economy officially in recession after 20.4% Q2 slump
LONDON — The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record 20.4% in the second quarter as a result of lockdown…
S. Korea to ban ‘backdoor online advertising’ from September
Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea will ban social media influencers from pitching a new product or service on their online platforms without disclosing their…
China firms outnumber those of US on Fortune Global 500 for first time
A bird’s-eye view of Beijing’s central business district, home to many companies on the Fortune Global 500. Sipa via China Daily/Asia News Network BEIJING — For the first time, more…
Grant Thornton urges compehensive response to cybercrime threats
The threat of cybercrime is growing rapidly as companies conduct more of their businesses online, whether by communicating with employees or bringing goods to the market, according to an international…
Rare recession success story: Shopback sees record 18M online purchases
MANILA, Philippines—An app that allows users to earn portion of what they spend on online purchases sees a record high of more than 18 million orders this year, one of…
Singapore will not return to pre-COVID 19 world, must chart a new path now, says minister
Firms with good opportunities in areas such as biopharma, supply chains and precision engineering will be given a boost. The Straits Times/Asia News Network SINGAPORE — Singapore will not return…
GMA7 buys back PDRs | Inquirer Business
GMA Network Inc. is buying back its Philippine Depositary Receipts (PDR) in a preemptive bid to protect its foreign investors. GMA Network said in a Philippine Stock Exchange filing on…