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Filipino Canadians eager to visit PH after pandemic disrupts travel

Rowena Papasin | TFC News Vancouver
Posted at Jun 21 04:03 PM

Despite the high costs of air travel, some Filipinos in Canada are pushing through with plans to visit other countries as travel restrictions ease. Read more »

Problems soar for airlines despite pandemic recovery

Tangi Quemener, Agence France-Presse
Posted at Jun 17 01:49 PM

Desperate to put the coronavirus pandemic behind them, airlines will hold talks on Sunday ahead of a potential summer of chaos with shortages and strikes that could threaten their recovery. Read more »

Data hungry apps boost PH data center demand

ABS-CBN News
Updated as of Mar 03 10:17 AM

Building more data centers in the Philippines makes sense due to the foreseen increase in demand despite the relatively high cost of electricity in the country, a stakeholder said Thursday. Read more »

Demand for OFWs still recovering amid pandemic: POEA

ABS-CBN News
Posted at Feb 12 06:04 PM

The demand for overseas Filipino workers (OFW) is still low due to continuing labor concerns amid the COVID-19 pandemic, the Philippine Overseas Employment Administration (POEA) said on Saturday. Read more »

Disney+ streaming soars past growth projections

Glenn Chapman, Agence France-Presse
Posted at Feb 10 08:22 AM

US entertainment giant Disney on Wednesday blew past expectations for new subscribers to its flagship streaming service, as its big studio muscle brings the fight to rival Netflix. Read more »

Low power demand on election day may ensure enough supply but...

ABS-CBN News
Posted at Feb 09 09:44 PM

The hot weather, unscheduled maintenance, and forced outages may affect the power supply on May 9, election day, an NGCP official said. Read more »

Gloomy Netflix forecast erases much of stock's pandemic gains

Lisa Richwine, Reuters
Posted at Jan 21 08:48 AM

Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020. Read more »

NGCP warns of 'thin' energy supply this summer

ABS-CBN News
Updated as of Jan 18 04:56 PM

The country's power grid operator warned that electricity demand should be managed in the summer months especially around the elections in May. Read more »

‘Not true’: Unilab says it is not hiking medicine prices

Mico Abarro, ABS-CBN News
Posted at Jan 15 01:20 PM

Unilab said an ‘extraordinary high demand’ caused supplies of its medicines to temporarily run out ‘in certain areas of the country.’ Read more »

Outsourcing to buoy office space market in 2022: Leechiu

Jessica Fenol, ABS-CBN News
Updated as of Dec 15 04:18 PM

Office space demand is seen to revert back to its 2016 levels, or before the "hyper" growth from the offshore gaming industry, on the back of continued outsourcing growth, a consulting group said Wednesday. Read more »

Apple TV+ hopes to build on rivals' success with first Korean series

Minwoo Park, Reuters
Updated as of Nov 16 08:54 AM

Hot on the heels of Netflix's breakout South Korean hit "Squid Game," Apple has rolled out its first Korean-language original series this month, to coincide with the launch of its Apple TV+ streaming service in South Korea. Read more »

Airline sector to stay in red in 2022, says industry body

Kyodo News
Posted at Nov 14 03:14 PM

The global airline industry is expected to remain unprofitable in 2022 as travel demand will remain subdued at below pre-pandemic levels, an industry body said. Read more »

Disney+ streaming subscriber growth slows

Glenn Chapman, Agence France-Presse
Posted at Nov 11 09:11 AM

US entertainment giant Disney said Wednesday its flagship streaming service grew slower than expected in the recently ended quarter as pandemic headwinds have begun to bite. Read more »

Fruitas Holdings buys Surehealth clinic in healthcare foray

ABS-CBN News
Posted at Nov 08 01:09 PM

Fruitas Holdings Inc on Monday said it has entered a deal to acquire 100 percent of shares of Surehealth Multi-Specialy and Diagnostic Clinic Corp (Surehealth) to mark its entry into the healthcare sector. Read more »

Banks tighten lending standards in Q3: BSP survey

ABS-CBN News
Posted at Oct 21 09:39 PM

The BSP said banks became stricter about lending money to businesses and consumers in the July to September period, based on its survey. Read more »

San Miguel's Ang says Pasig River tollway won't affect heritage sites

ABS-CBN News
Posted at Oct 06 06:23 PM

PAREX will not impact heritage sites in Intramuros, Manila, according to San Miguel Corp president and CEO Ramon Ang. Read more »

AC Energy building PH's first 'hybrid' solar, storage plant

ABS-CBN News
Posted at Sep 27 12:41 PM

AC Energy said Monday it would power the country’s first hybrid solar and storage plant in the Philippines. Read more »

Coming soon? Laboratory-grown fish fingers

James Davey, Reuters
Posted at Sep 14 07:38 AM

Nomad Foods, Europe's largest frozen food group, says it aims to commercialize cell-cultured seafood to help meet rising demand. Read more »

Local supermarket introduces grocery-on-demand

AllDay Supermarket
Posted at Aug 17 08:58 AM

AllDay Supermarket is one of the first in the country to introduce grocery-on-demand through its personal shopper service. Read more »

Fossil fuel power demand has 'peaked worldwide': analysis

Patrick Galey, Agence France-Presse
Posted at Jul 14 09:04 AM

Electricity generation from fossil fuel has peaked worldwide as emerging markets opt for cheaper renewable technology as part of a global shift to cleaner energy, analysis showed Wednesday. Read more »