S&P: Philippines Outperforms in SouthEast Asia
S&P Global Ratings reports that the Philippines will continue to outperform its Southeast Asian neighbors as the economic slowdown in the region reaches its lowest point. The report said that …
Samsung Poised to Have Best Quarterly Profit in Two Years
South Korean giant Samsung is set to have its best quarterly profit in over two years following a strong surge in mobile sales propelled by its recently released Galaxy S7 …
DTI Plans to Provide Free Mall Spaces for MSMEs
Recently appointed Department of Trade and Industry (DTI) Secretary Ramon Lopez plans to convince mall owners and retailers to provide free mall spaces for micro, small, and medium sized enterprises …
Brexit to Benefit Russia
Following the U.K.’s exit from the European Union, Russia is probably among the few winners of the historic referendum. Russia was hit with sanctions by the EU for its annexation …
China to Begin Search of Alien Life with Largest Radio Telescope
The final piece of the Five hundred-meter Aperture Spherical Telescope (FAST) was successfully installed by the Chinese Academy of Sciences and is now officially complete. The last panel was just a …
Thai Airways to offer Bangkok-Cebu Direct Route
Airline company Thai Smile Air will be offering direct daily flights from Mactan, Cebu to Bangkok starting this October. Thai Smile Air, a wholly owned subsidiary of Thai Airways, will …
Yahoo! CEO Discusses Declining Growth
“We’re in a very competitive space,” said Yahoo CEO Marissa Mayer while reassuring investors of the company’s investment in growth. It is no secret that Yahoo’s business has been declining …
Higher Food Prices Fuel Inflation for June
Inflation rose up from 1.6 percent to 1.8 percent in the month of June due to higher food prices, as reported by the DBS Bank Ltd. of Singapore. The inflation …
Unmanned NASA Spacecraft to Enter Jupiter’s Orbit
The $1.1 billion unmanned NASA spacecraft called Juno is barrelling towards Jupiter for a two-year mission to orbit and study the biggest planet in the solar system. The basketball-sized, solar-powered …
Ayala Land Plans New Mall at Paranaque in 2017
Property giant Ayala Land Inc. is set to open the country’s biggest commercial complex in Paranaque in 2017. The planned 600,000 square meter mall–which would be bigger than the SM …