general
New tax law spurs ‘dramatic’ retreat from long-term bank savings
MANILA, Philippines — The new law ending tax breaks on long-term time deposits has triggered a “dramatic” exodus from those savings products, leaving banks and policymakers to wonder where the cash will flow next. Michael Angelo Kho Samson, who chairs the capital markets development committee of the Bankers Association of the Philippines, said member-banks had
ADB work in Philippines to continue
MANILA, Philippines — The Asian Development Bank (ADB) said a corruption scandal involving flood control projects would not deter it from financing work in the Philippines, noting that the institution maintains “close oversight” of its investments. “You know, we’re always cautious about all our projects,” Andrew Jeffries, the bank’s country director for the Philippines, told
SEC launches Philippine Green Equity Guidelines
MANILA, Philippines — Companies with more sustainability initiatives now have another way of attracting investors after the Securities and Exchange Commission (SEC) launched Southeast Asia’s first Green Equity Guidelines. This allows more capital flows toward businesses that champion sustainability. The corporate watchdog on Thursday released SEC Memorandum Circular No. 13 Series of 2025. The memo
Windows 10’s year of free updates now comes with no strings attached – but only some people will qualify
Don’t want to sync your PC settings to get free updates for Windows 10 next year? Here’s some good news – but only for those in Europe.
Carlos Alcaraz survives injury scare, rain delay to win Tokyo opener
World number one Carlos Alcaraz shrugged off an ankle injury to beat Argentina’s Sebastian Baez 6-4, 6-2 on Thursday in a gritty start to his Japan Open campaign. US Open champion Alcaraz crumpled to the ground chasing a shot in the fifth game of the opening set in Tokyo and sat on the court grimacing
England name unchanged team for World Cup final against Canada
The 23 players that came through the test of character against France have been given a vote of character.
PBA: TNT gets key players back healthy ahead of new season
MANILA, Philippines–TNT will have most of its players back in harness ahead of the PBA season after being ravaged by injuries during the Tropang 5G’s failed bid for a historic Grand Slam. Coach Chot Reyes said Calvin Oftana, RR Pogoy, Rey Nambatac and Jordan Heading are expected to be in full fitness by the time
Glimmering sea of solar as China expands desert installation
ORDOS, China — An ocean of blue solar panels ripples across the ocher dunes of Inner Mongolia’s Kubuqi desert, a glittering example of China’s almost inconceivably mammoth energy transition. Even as other countries have put the brakes on desert solar projects for economic or technical reasons, China – the world’s largest emitter of greenhouse gases –
Frances Tiafoe smashes racket in first-round loss at Tokyo Open
TOKYO — Frances Tiafoe smashed his racket as he lost to qualifier Marton Fucsovics in the first round of the Japan Open on Wednesday, while Denis Shapovalov also suffered an upset loss. The eighth-seeded Tiafoe struggled with his first serve in a 3-6, 6-1, 7-5 loss to Fucsovics and smashed his racket against the court
Jannik Sinner says ‘changing a lot’ after US Open loss to Alcaraz
Jannik Sinner said Wednesday he has been making changes to his game and “reflecting a lot” ahead of his first appearance since losing the US Open final to Carlos Alcaraz. The Italian failed to defend his title in New York this month after Alcaraz emphatically overpowered him in four sets and snatched back the world