Sunday, November 17, 2024

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manilatimes

Manila News 

‘Neneng’ threatens Batanes, powerful typhoon brews outside PAR

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AS powerful typhoon “Mangkhut” lingers outside the Philippine Area of Responsibility, the low pressure area (LPA) north of Batanes turned into a tropical depression and named “Neneng,” the weather bureau said on Monday. The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said Neneng was last spotted 120 kilometers (km) north of Basco, Batanes with […]

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Alibaba founder Jack Ma to step down in 2019, pledges ‘smooth transition’

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SHANGHAI: Alibaba co-founder Jack Ma announced on Monday he would step down as leader of the pioneering Chinese e-commerce giant in one year, but insisted that a planned leadership transition would not break the company’s stride. Ma will stay on as executive chairman until September 10, 2019 before handing over his role to chief executive […]

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All eyes on Bachelet for first speech as UN rights chief

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GENEVA: New UN rights chief Michelle Bachelet will give a widely anticipated speech Monday, with many eager for clues to how she will address rights crises around the world. The former Chilean president will open the UN Human Rights Council’s September session as the body continues to reel from Washington’s decision three months ago to […]

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New iPhones aim for momentum in sputtering smartphone market

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SAN FRANCISCO: Apple is set to unveil new iPhones, aiming to gain fresh momentum in the premium segment of a global smartphone market showing signs of fatigue. In its usual secretive style, Apple has remained mum about revelations planned for Wednesday’s event at its spaceship campus in Silicon Valley, but the timing fits its pattern […]

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Duterte blames ‘friend’ Trump for PH economic woes

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Philippine President Rodrigo Duterte on Saturday blamed US President Donald Trump after inflation hit a nine-year high in the Philippines, hurting the image of the populist leader. It was an unexpected claim from the fiery Duterte, a one-time fierce critic of the United States but who has since embraced Trump after the business tycoon was […]

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Alibaba co-founder Jack Ma announces plans to retire at 54

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BEIJING: Alibaba’s charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told The New York Times in an interview. Ma was an English teacher before starting Alibaba in 1999 and built it into a multibillion-dollar internet colossus, becoming […]

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DFA to help Filipina under hospital arrest in Kuwait for felony

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THE Department of Foreign Affairs (DFA) will extend all possible assistance to a Filipina domestic helper in Kuwait being held by authorities there for allegedly stabbing her employer. In a statement, the DFA said the Philippine Embassy in Kuwait was assisting Ulambai Singgayan, the distressed household service worker from Maguindanao, and was in touch with […]

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Stocks fall for 3rd day on fresh trade war fears

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PHILIPPINE shares skidded for the third day on Friday on fears of a renewed trade war between the United States and China, with China markets falling into bear territory. As of the noon break, the bellwether Philippine Stock Exchange index (PSEi) dropped 1.13 percent or 86.06 points to 7,552.65 while the broader All Shares declined 0.62 percent or 28.71 […]

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Duterte vows to send PH troops to help Jordan if needed

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PRESIDENT Rodrigo Duterte on Thursday vowed to provide Jordan with Philippine troops to bolster its Armed Forces if needed. In a speech during the business forum in Jordan, Duterte said that he would be willing to lend a hand, including sending troops, as proof of their good relationship. “If there is anything that we can do, if […]

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Business mogul is richest Filipino but real estate tycoon gains most — Forbes

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BUSINESS mogul Henry Sy topped the list of 50 richest Filipinos in 2018 but its real estate tycoon Manny Villar who gained the most, according to Forbes Magazine. Below are the Top 10:  1. Henry Sy (Net Worth: US$18.3 billion) Former Sen. Manny Villar (Net Worth: $5 billion) John Gokongwei, Jr. (Net Worth: $4.4 billion) […]

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