No more taking out the trash at your Airbnb as guest, host rules tightened
The days of having to take out the trash or wash the dishes before leaving an Airbnb are numbered as the short-term rental platform is tightening rules on what conditions hosts may impose on guests.
BIR files complaints vs. 2 firms over P45 million in unpaid taxes
The Bureau of Internal Revenue said it has filed two complaints with the Department of Justice against two corporations due to P45 million in tax liabilities for taxable years 2017 and 2018.
Dos and don'ts for folding phones as Apple releases Duo phone
Apple’s first folding phone arrives in stores on Friday, bringing the advantages of a flexible display to iPhone loyalists. Such devices also have their own unique care and protection considerations. Folding screen…
DICT's Almirol denies conflict of interest involving his old firm
Suspended Undersecretary David Almirol said that it was Multisys that belatedly filed its General Information Sheet before the Securities and Exchange Commission (SEC).
Barclays bank to cut about 5,000 jobs amid AI drive
Barclays announced it will cut around 5,000 jobs, or roughly 5% of its global workforce, by the end of 2026 in an AI efficiency drive, alongside an update that its net profit grew 13% in Q3.
X Community Notes 'failed' to flag US election falsehoods, study says
WASHINGTON, D.C. — A crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the US midterm elections — including those promoted by the billionaire — a study…
US-backed SEA data cable to pick NEC or Alcatel as supplier – developer
HANOI, Vietnam — Developers of a new US-backed undersea data cable linking Malaysia, Vietnam, Singapore and Thailand will this month select a cable supplier between Japan's NEC, opens new tab and France's Alcatel…
Peso weakens to P63.52:$1, the 30th record low of 2026
The Philippine peso depreciated further against the US dollar on Thursday to mark its 30th record low so far this year, amid inflationary concerns as global oil prices continue to increase.
MANILA, Philippines — The peso fell again to a new historic low of P63.52 against the greenback. The local currency weakened by 15.9 centavos on Thursday to P63.52 from the previous record low of P63.361:$1. It opened…
BSP hikes rates by 50 basis points amid expected inflation, El Niño effects
The Bangko Sentral on Thursday decided to implement a jumbo rate hike, extending its tightening streak for the fourth straight meeting, as it expects inflation to remain high through 2027.
BPI debit cards to be temporarily unavailable on October 24
Clients of the Bank of the Philippine Islands (BPI) will temporarily be unable to use their debit cards during select hours starting early Saturday morning, October 24, as the lender will undergo system maintenance…
MANILA, Philippines — Bank of the Philippine Islands (BPI) has named its consumer banking head, Maria Cristina “Ginbee” L. Go, as the next president and chief executive officer, succeeding Jose Teodoro K. Limcaoco…
Meta beats expectations but legal penalties hit profit amid AI race
SAN FRANCISCO — Meta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's profits took a hit due to an $18 billion legal settlement with…
United Airlines profit outlook well below estimates
CHICAGO, Illinois — United Airlines on Tuesday forecast fourth-quarter profit well below Wall Street estimates despite expectations for record revenue, as soaring fuel costs were expected to persist, eating into gains…
KROGER unveiled a $5-billion investment plan to lower prices and improve the shopping experience, as part of new CEO Greg Foran’s first strategy to revive the grocer’s core business amid intensifying competition and…
OpenAI says its AI agents weakened internal monitoring system
OPENAI said on Tuesday that two of its artificial intelligence (AI) agents weakened parts of an internal monitoring system designed to detect misbehavior, the latest case of AI agents acting in ways their developers did…
Coffee congress highlights SMEs, eco-friendly practices
THE 2nd Philippine Coffee Sustainability Congress also showcased small to medium businesses and eco-friendly practices that can set the trend for the local coffee industry. Held on Oct. 15 to 16, the congress organized…
DigiPlus joins list of best performing companies in Asia
MANILA, Philippines — DigiPlus Interactive Corp., the Philippines’ premier digital entertainment provider behind BingoPlus, ArenaPlus and GameZone, has been recognized as one of Asia’s Best Performing Companies at the…
Australian AI data center operator NextDC shares shed 44% on revenue delay
SYDNEY ─ Australian data center operator NextDC shed nearly half of its market capitalization on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold, extending…
THE Social Security System (SSS) has reassured its members that their contributions are being managed with care to protect the pension fund and sustain the timely payment of benefits. According to the SSS in its…
FRANKFURT ─ Adidas achieved record core profit in the third quarter, the German sportswear firm said Tuesday, boosted by healthy sales and 200 million euros ($225 million) of refunded tariffs from the US government…
RESEARCH by a newly conferred career scientist of the Philippine Rice Research Institute (PhilRice) could help rice breeders identify traits linked to stemborer resistance as farmers prepare for El Niño and other…
Nido Petroleum allots $100 million for Palawan exploration
Nido Petroleum Philippines Pty. Ltd. is stepping up oil and gas exploration in Palawan, committing up to $100 million (about P6.3 billion) to drill new wells.
FRENCH tire maker Michelin on Tuesday reported a drop in nine-month sales, as tire volumes declined, despite an improved currency effect in the third quarter. The company has been hurt by a negative currency effect…
India billionaire Mukesh Ambani launches mega Jio IPO
MUMBAI, India — The digital arm of conglomerate Reliance Industries launched its potentially record-breaking initial public offering (IPO) on Wednesday, testing billionaire owner Mukesh Ambani’s digital ambitions after…
A huge international event will occur in Manila this coming Nov. 15 to 17, the 49th ASEAN Summit and Related Summit meetings. We expect 20 heads of state – presidents and prime ministers – the 11 member-countries of the…
UNIVERSAL Robina Corp.’s (URC) ready-to-drink tea brand C2 is expanding its consumer reach across retail channels while its Nissin noodles brand is benefiting from increased at-home consumption, according to a consumer…
Megawide looking to deliver 25,000 4PH homes by 2028
MEGAWIDE Construction Corp.'s subsidiary PH1 World Developers Inc. is targeting to deliver more than 25,000 homes by 2028 as it expands its participation in the government's Expanded Pambansang Pabahay para sa Pilipino…
The other day, while scrolling through my social media feed, I came across a post about a collection of interviews from the 1960s, with ordinary people asked to imagine the future. S
Red, yellow alerts up again for Visayas on Wednesday
THE National Grid Corp. of the Philippines (NGCP) has once more issued red and yellow alerts for the Visayas grid on Wednesday, as some major power plants continued to be offline with electricity demand expected to be…