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Philippines Raises 2024 Borrowing to P2.57 Trillion Amid Fiscal Concerns

Philippines Ramps Up 2024 Borrowing to P2.57 Trillion Amid Fiscal Concerns

Philippines ramps up borrowing to P2.57 trillion, a 4% increase, addressing fiscal needs amid economic challenges. Economists raise concerns about implications on deficit, debt, and interest rates.


Peacock Raises Prices Ahead of Olympics, Ad-Supported Plans Now $7.99/Month

Peacock raises subscription prices by $2 ahead of the 2024 Olympics, aiming for profitability amid surging growth, diverse content, and record ad revenue.

Axel Springer Partners with Microsoft Azure to Launch AI Chat, Move Cloud Applications

Axel Springer and Microsoft Azure revolutionize online news consumption, integrating AI, cloud computing, and advertising for a more engaging and personalized user experience.

Yahoo Overhauls Singapore Operations, Lays Off Editorial and Social Teams

Yahoo Singapore overhauls operations, dismissing editorial and social teams. Shift towards content curation with layoffs affecting 17 staff.


Latest News

US-ENTERTAINMENT-FILM-CINEMACON
Shari Redstone plans to shake up Paramount Global by replacing CEO Bob Bakish and opening the door for a merger with Skydance Media.
Preparations Are Made On The Eve Of The Coronation
The Energy & Climate Intelligence Unit (ECIU) warns of potential price surges in bread, biscuits, and beer in the UK due to persistent wet weather.
ITALY-TOURISM-ECONOMY-HERITAGE
Venice counters over-tourism by implementing a $5 day-trip fee, but the city faces backlash from critics who question its effectiveness and impact on the city's authenticity.
TO GO WITH AFP STORY BY ROMAIN RAYNALDY
NASA Administrator Bill Nelson warns that China's space advances could potentially spark lunar territorial disputes similar to those in the South China Sea.
China Passes Tariff Law, Extending Exemptions on US Products Until November 30
The Customs Tariff Commission of the State Council announced Monday that China will continue to exempt some US imports from extra taxes until the end of November this year.
Singapore Airlines Revises Seatbelt Policy Following Severe Turbulence on London-Singapore Flight
Singapore Airlines was ordered to compensate an Indian couple over $2,600 for “mental agony” after their business class seats failed to recline on a flight from India to Singapore.
Californians Have Until June 30 to Qualify for Faster Student Loan Forgiveness, Lower Payments
Some student loan borrowers may be eligible for a one-time debt cancellation or credit, but they must act before Tuesday.
Nike-MLB-UNIFORM
Nike designed the uniforms, which made their widespread appearance this season, and Fanatics manufactured them.
China Ousts Scientist Behind Beijing's First COVID-19 Vaccine Over Serious Discipline, Law Violations
A former top executive at China's largest vaccine manufacturer, who oversaw the creation of the country's first inactivated COVID-19 vaccine, has been removed from the national legislature.
US Buys More Than 80 Soviet-Era Aircraft From Russia's Ally for Around $20,000 Each
The United States (US) reportedly acquired 81 obsolete Soviet-era combat aircraft from Russia's previous ally, Kazakhstan.
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