Meta By Marcus Carter and Ben Egliston Facebook chief executive Mark Zuckerberg has announced the company will change its name to Meta, saying the move reflects the fact the company is now much broader than just the social media platform (which will still be called Facebook). The rebrand follows several months of intensifying discourse by Mr. Zuckerberg and the company ...
GENEVA -- The World Health Organization (WHO) and other aid groups on Thursday appealed to leaders of the world's 20 biggest economies to fund a $23.4 billion plan to bring coronavirus disease 2019 (COVID-19) vaccines, tests, and drugs to poorer countries in the next 12 months. WHO Director-General Tedros Adhanom Ghebreyesus said the Group of 20, whose leaders are meeting ...
Young and young-at-hearts can fill the humdrum of every day with picture-perfect moments as vivo, a leading global smartphone brand, continues to bank on its consumers' demand to provide quality and stylish phones at an affordable price. The vivo Y series, the brand's best-selling product segment in the country, comes with the latest update with the upcoming release of the ...
JAKARTA -- The global consumer goods industry's plans for dealing with the vast plastic waste it generates can be seen here in a landfill on the outskirts of Indonesia's capital, where a swarm of excavators tears into stinking mountains of garbage. These machines are unearthing rubbish to provide fuel to power a nearby cement plant. Discarded bubble wrap, take-out containers ...
JLL Philippines recently achieved WELL pre-certification for its Head Office at the NEX Tower in Makati, embodying its commitment to sustainability through its own facilities. Throughout the crisis, the words technology and sustainability come into mind among businesses. For one, the pandemic has compelled them to digitalize as a response to travel restrictions and safety priorities, while green and inclusive ...
The Independent Electricity Market Operator of the Philippines (IEMOP) is currently studying and establishing several market-driven strategies to advocate developments in the power sector. Market developments, such as the continuous lowering of threshold for the Retail Competition and Open Access (RCOA), Green Energy Auction (GEA), Green Energy Option Program (GEOP), Reserves Market, Forwards Market, among other initiatives are all on ...
REUTERS By Luz Wendy T. Noble, Reporter MORE SHORT-TERM foreign investments left the Philippines in September, as investors remained wary amid the Delta-driven coronavirus surge. Foreign portfolio investments -- commonly referred to as "hot money" due to the ease by which these flows enter or leave an economy -- posted a net outflow of $24.16 million in September, based on ...
The government has yet to decide on the alert level for the National Capital Region for November. -- PHILIPPINE STAR/ MICHAEL VARCASBy Jenina P. Ibanez, Reporter DOWNGRADING Metro Manila's lockdown restrictions to Alert Level 2 could add P3.6 billion to the national economy each week, according to the National Economic and Development Authority (NEDA) whose top official is pushing for ...
THE GOVERNMENT plans to borrow P200 billion from the domestic market in November, as it takes advantage of the excess market liquidity. In an advisory posted on Thursday, the Bureau of the Treasury (BTr) said it would borrow P60 billion in Treasury bills (T-bills) and P140 billion in Treasury bonds (T-bonds) next month. The November borrowing plan is the same ...
BW FILE PHOTO THE CENTRAL BANK wants lenders to keep a close eye on environmental and social (E&S) risks in their credit exposure, in line with the Philippines' sustainable financing goal. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno signed BSP Circular No. 1128, which directs banks to adopt procedures that will take into account E&S risks that emanate ...