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Global stocks gain as investors look past U.S. hedge fund default
YAHOO!Finance - 2021-03-30
Global stock markets rose on Tuesday as investors shook off worries about a hedge fund default that hit international banking stocks overnight, and remained focused on the global COVID-19 vaccination programme.

Facebook and Google are funding two new undersea internet cables running from the West Coast to Singapore and Indonesia
Business Insider - 2021-03-30
The cables are set to be completed by late 2023 and 2024, and Facebook claims they will increase internet capacity by 70%.

Kia reveals new details for its EV6 electric car with 315-mile range -- except for the price
Mashable - 2021-03-30
Kia has officially unveiled its first electric vehicle that doesn't have a gasoline or hybrid counterpart. The first images of the upcoming EV6 were released earlier this month, but now we know more details about the car that's shaped like a small,

Teen pot use linked to worse education, career outcomes in study with twins - 2021-03-30
Teenage pot use can hamper a kid's future chances of landing a good job with a large salary, mainly by interfering with his or her education, a new study of twins has found.

APAC firms face growing cyberattacks, take more than a week to remediate
ZDNet - 2021-03-30
Some 68% of businesses across six Asian markets say they have been breached, up from 32% in 2019, with an average 60.83% admitting to taking more than a week to remediate cybersecurity attacks.

Pfizer, Moderna COVID-19 vaccines highly effective after first shot in real-world use - U.S. study
Reuters - 2021-03-30
COVID-19 vaccines developed by Pfizer Inc with BioNTech SE and Moderna Inc reduced risk of infection by 80% two weeks or more after the first of two shots, according to data from a real-world U.S. study released on Monday.

Canada suspends use of AstraZeneca COVID-19 vaccine for people under 55 - 2021-03-30
March 29 (UPI) --Canada on Monday suspended administering the COVID-19 vaccine by AstraZeneca and Oxford University for people under 55 years of age citing concerns over blood clots reported in Europe. The suspension was recommended by its National ...

Philippines raises $500 mln via discount Samurai bond - IFR
Nasdaq - 2021-03-30
The Philippines has raised 55 billion yen ($500.5 million) from a three-year Samurai bond offering, IFR financial news service reported on Tuesday, marking the country's first commercial borrowing transaction in the overseas market this year.

Magna Prime looks to industry standardization and modernization as it celebrates 20th year
Philippine Daily Inquirer - 2021-03-30
Magna Prime Chemical Technologies, Inc. celebrated its 20th anniversary on January 25, at their new headquarters in Santa Maria, Bulacan. The three-hectare lot now houses all its offices, factories,

Asia shares mixed as broader worries about U.S. hedge fund default ease
Reuters - 2021-03-30
Asian shares were mixed early Tuesday as global investors shook off worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher.

Expect warm Tuesday weather, Mindanao rain showers due to LPA - Pagasa
Philippine Daily Inquirer - 2021-03-30
MANILA, Philippines - A shallow low-pressure area (LPA) will trigger scattered rain showers and thunderstorms in Mindanao, while warm weather is expected nationwide

ByteDance Valued at $250 Billion in Private Trades
Bloomberg - 2021-03-30
Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok, are trading at a valuation of more than $250 billion in the secondary market, according to people familiar with the matter.

First Metro Save & Learn Equity Fund
Bloomberg - 2021-03-30
First Metro Save & Learn Equity Fund is an open-end mutual fund incorporated in the Philippines. The Fund's objective is to seek long-term capital appreciation. The Fund invests primarily in ...

Australia's Treasury kicks off work to replace foreign investment management system
ZDNet - 2021-03-29
The Department of Treasury wants to replace the existing platform that requires 'significant manual effort' to run.

Asia Shares Higher as Investors Overlook U.S. Hedge Fund Default
U.S. News & World Report - 2021-03-29
Asian shares were set to open higher on Tuesday as investors shook off earlier worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher.

ASG Technologies advances Mobius content services platform
BusinessMirror - 2021-03-29
Mobius 11.1 accelerates how enterprises can automate content-rich business processes, govern information more effectively and further embrace cost effective cloud deployments. Demonstrating ASG ...

Business groups to expand crisis recovery initiatives and digitalization
BusinessMirror - 2021-03-29
Philippine business leaders called on the private sector to sustain the push for more economic recovery programs to address worsening economic slump and help small and medium entrepreneurs ...

DTI sees more deals being sealed with CREATE signing
BusinessMirror - 2021-03-29
WITH the signing of the corporate tax reform, the Department of Trade and Industry (DTI) is expecting more deals in the pipeline from various sectors to be settled. DTI Undersecretary Ceferino Rodolfo said in a statement on Monday that the agency anticipates sealing more projects following the enactment of

No full refunds
BusinessMirror - 2021-03-29
TOKYO--Many fans living outside Japan who bought Tokyo Olympic tickets from brokers--so-called Authorized Ticket Resellers--will not get full refunds. And they may have a long wait to get any refunds at all.

Is CREATE the answer?
BusinessMirror - 2021-03-29
Corporate Tax Reform has finally arrived. Last Friday, the President signed CREATE into law. As expected, it is met with mixed reactions. The law has given tax benefits but has also taken away some of them.

Perfidious perpetuity of power
BusinessMirror - 2021-03-29
It is not uncommon in many governments for members of the same families or between close political allies to form a joint leadership to preserve the political power between them. Political experts have termed this unholy alliance as "tandemocracy.

Stranger than fiction in the 21st century
BusinessMirror - 2021-03-29
The pandemic taught us that business can be conducted and deals made without having to go to a five-star hotel. Prestige within a company can be found in being a part of the corporate "video ...

Insular Life names Littaua to replace Dela Cruz as new president
BusinessMirror - 2021-03-29
THE Insular Life Assurance Co. Ltd. recently announced its Board of Trustees accepted during its March meeting the retirement of President and CEO Mona Lisa B. dela Cruz, effective June 7. Dela Cruz has served Insular Life for 41 years,

PHL business sector wants court cases handled quicker
BusinessMirror - 2021-03-29
SEVERAL business groups urged the Supreme Court to speed up the handling of cases given that the Philippines is among the slowest in the Asean region when it comes to deciding on a legal proceeding. In a joint statement,

Ladies in charge
BusinessMirror - 2021-03-29
eager to learn about the ins and outs in running this new business. For the meantime, Salvador continues to learn about life and living, winning some battles and losing some struggles, and she has ...

Events industry rising to the challenges of Covid-19
BusinessMirror - 2021-03-29
The events industry is one of the sectors that was hit the hardest by the Pandemic. But this Filipino-owned events company managed to defy the odds. "We had to modify and face the challenges to survive the pandemic" said Martin Canate,

73 Bataan youngsters attend PIA virtual forum on adolescent health
Gov - 2021-03-29
A total of 73 youngsters in Bataan attended a virtual youth forum on adolescent health organized by the Philippine Information Agency. Balanga City Health Office Program Coordinator Oliver Enriquez shared best practices in promoting adolescent health to

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