The dollar rallied against emerging market currencies on Wednesday as dealers moved into safer investments as persistent worries of a slowdown in China rekindled fears for the global economy. After a string of gains in recent weeks, confidence took a hit on Tuesday when China said exports from the world’s second-largest economy plunged by the most since the global financial crisis. The figures rejuvenated fears about a “hard landing”, sending traders into the Japanese yen […]
Business
ADEC Innovations Foundation Partners with AIM for Leadership and Governance Research in PPP
THE ADEC Innovations Foundation has partnered with the Asian Institute of Management (AIM) Scientific Research Foundation, Inc. to further advance the development of public-private partnerships (PPP) standards for the global health sector by examining and analyzing PPP issues in the Philippines. The two organizations formalized their partnership with a Memorandum of Understanding (MOU) for the “Leadership and Governance Research in PPP” signed at the Asian Institute of Management by ADEC Innovations Foundation Chairman James M. […]
Mobile disruption brings a whole new digital ecosystem of story-telling
By Caesar Vallejos Eagle News online correspondent BARCELONA, Spain (Eagle News) — The way the world communicates right now is through mobile. “If my wife is sending me pictures of my children and my dog as as I speak right now, I am doing selfies with my panel which is a way for me to say, ‘this is not a good time to call.’ I do this because this is the way the world lives right […]
Part of $100 mn hacked from Bangladesh Bank recovered: statement
DHAKA, Bangladesh (AFP) — Bangladesh’s central bank said Monday that part of almost $100 million allegedly stolen from a reserve account in the United States last month has been recovered. Suspected Chinese hackers stole the money from the foreign exchange account in the Federal Reserve Bank of New York on February 5, according to a central bank official and media reports. Some of the money was then illegally transferred online to the Philippines and Sri […]
Mobile is changing the future of TV, broadcast and film
By Caesar Vallejos Eagle News Service online correspondent (Eagle News) — The role of mobile networks is changing the future of TV, Broadcast and Film. This is the collective position of a distinguished set of experts from CNN, Verizon, Sky and Viacom at the track on “Mobile First: The Future of TV, Broadcast and Film” at the recently concluded Mobile World Congress in Barcelona, Spain. The session explored the implications of mobile networks in […]
China’s migrant workers and youths struggle to find jobs as economy slows
BEIJING, CHINA (Reuters) — China’s economy grew 6.9 percent last year, the slowest in more than two decades. While declaring that pace of growth was hardly shabby, the government admits China’s investment-fed model of growth has reached its boundaries, and a more sustainable path of development is needed, and industrial overcapacity and high debt levels will have to be slashed. As China restructures its inefficient state sector and shuts debt-laden “zombie” firms in bloated sectors, […]
Philippines: World Bank appoints new country director
MANILA, Philippines — The World Bank announces the appointment of Ms. Mara K. Warwick as its new country director in the Philippines, effective March 1, 2016. Trained as an environmental engineer, Warwick has expertise in flood management, urban development, urban environmental services, and disaster risk management. She joined the World Bank in 2003. Warwick, an Australian national and the first female country director for the Philippines, replaces Motoo Konishi, who retired recently after 35 years […]
Domestic liquidity rises to 11 5 percent
MANILA, Philippines – According to the Bangko Sentral ng Pilipinas, the amount of money in circulation in the Philippines or domestic liquidity increased by 11.5% compared to last year. The BSP added that said increase was due to the higher demand for credit. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos) https://youtu.be/VhpW1UjeGPs
Mobile World Congress 2016 ends with record-breaking attendance
BARCELONA, Spain (Eagle News) — Mobile is everything and indeed, everything mobile was at the record-breaking Mobile World Congress 2016 (MWC16) where Eagle Broadcasting Corporation (EBC) sent delegates for the very first time in Barcelona, Spain held last February 22-25, 2016. EBC Business Development Manager Robert Capistrano and Correspondent Caesar Vallejos joined a record-breaking 101,000 attendees from 204 countries and territories around the world. Products and solutions that change the way the world […]
BIR will tax surplus campaign contribution
MANILA, Philippines – The Bureau of Internal Revenue will tax the surplus campaign contributions received by politicians. According to BIR Commissioner Kim Henares, candidates receive millions of donations to their campaign funds and that they can only spend a limited portion of said amount. As such, unused donations will be considered as extra income of the candidates. Henares added that it is better for candidates to return the surplus contributions. (Eagle News Service Described by […]
Businessbytes: Lessons learned from Mark Zuckerberg
by Robert Capistrano BARCELONA, Spain (Eagle News) — At the Mobile World Congress 2016 here in Barcelona, Spain, many hugely anticipated events like the latest product launches, company exhibits and keynote speeches from industry movers and shakers awaited its over 100,000 global attendees. But it was Mark Zuckerberg, Facebook Founder and CEO who was truly the rock star of the four-day event, as he clearly stole the show. Even local media and paparazzi hounded […]
“Content may still be king but distribution is the queen,” says media research expert at MWC 2016
By Caesar Vallejos Eagle News Service online correspondent BARCELONA, Spain (Eagle News) — Content may still be king but distribution is the queen and she wears the trousers. Quoting Buzzfeed’s founder Jonah Peretti, the CEO of MIDiA Research Mark Mulligan aptly described the dynamics in the changing landscape for mobile media entertainment that includes the latest trends, forecasts and analysis for the sector. In his presentation “Content Strategy in the Age of the Distributed […]
