November 22, 2024
British pension savers set to benefit from Trump’s pro-business policies
British pension savers are poised to gain from Donald Trump’s election victory, as the former US president’s pro-business stance boosts stock markets, particularly in the United States. Andrew Evans, group chief executive of Smart Pension, a leading UK retirement business, highlighted the positive impact of rising US markets on UK pensions with investments in American […]
November 22, 2024
Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
Several countries, including Italy, Abu Dhabi, and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish the non-domiciled (non-dom) tax status. Events are being held across London to encourage the UK’s estimated 67,000 non-doms—UK residents whose permanent home is outside the country—to relocate in the wake of […]
November 22, 2024
AI Tools Enhance Productivity Without Reducing Jobs, Say European Start-Ups
A recent study by venture capital firm Index Ventures, which surveyed 600 European tech start-ups, reveals that the majority do not believe the adoption of artificial intelligence (AI) tools will lead to job losses. Half of the companies surveyed view investment in AI as an opportunity to hire more staff, while an additional 29% expect […]
November 22, 2024
Business Owners Criticise Tax Hikes, Urge Chancellor Not to Hinder Growth
Entrepreneurs and family business owners are voicing strong concerns over recent tax increases announced in the Budget, warning the government not to undermine their passion for growth. The criticism centers on measures that they believe will significantly impact their businesses, including increased employer National Insurance contributions, changes to inheritance tax on family-owned assets, and reduced […]
November 22, 2024
Thousands of Over-50s Embrace Second Careers to Pursue New Passions
A growing number of individuals over the age of 50 are embarking on second careers in entirely new fields, redefining traditional career trajectories and contributing significantly to the UK’s workforce. This shift comes as many Gen Xers and older millennials seek fresh opportunities amidst a rapidly changing job market. Over the past 30 years, 73% […]
November 22, 2024
Royal Mail warns of £120 million cost increase due to National Insurance rise
Royal Mail has warned that it faces an additional £120 million in costs due to the upcoming increase in employer National Insurance contributions announced in the recent Budget. The heavily loss-making postal service stated that the rise will disproportionately impact its operations because of its large workforce of around 130,000 employees. The company, which is […]
November 22, 2024
French Film Festival takes center stage at SM Cinema
Admission is free from Nov. 22 to 29 at SM Aura and SM City North EDSA Cinemas The Embassy of France to the Philippines, in partnership with SM Supermalls and SM Cinema, is staging the 27th edition of the French Film Festival at SM Aura Cinema from Nov. 22 to 26, and at SM City […]
November 22, 2024
DAHUA Technology and VST ECS Philippines, Inc. forge strategic partnership for innovative dash cam launch
In a move set to revolutionize the road safety and surveillance industry, DAHUA Technology, a global leader in video-centric AIoT solutions and service provider, had officially launched its partnership with VST ECS Philippines, Inc., one of the country’s leading ICT distribution companies. The Official partnership launch between DAHUA and VST ECS happened on Nov. 20, […]
November 22, 2024
DigiPlus clinches multiple accolades in Transform Awards Asia, celebrating its visionary rebrand
DigiPlus and Landor showcase four wins at the Transform Awards Asia 2024, honoring the strategic rebranding that marked DigiPlus’ transformation into a tech-forward digital entertainment leader. DigiPlus Interactive, together with world-leading branding specialist Landor, secured four awards at the Transform Awards Asia 2024, held in Singapore on Nov. 18. DigiPlus took home Silver for ‘Best […]
November 21, 2024
Peso falls to P59 vs dollar
PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE PESO on Thursday hit a record-low P59-a-dollar level for the first time in more than two years as the dollar continued its rally. The peso closed at P59 against the greenback at the end of trading, weaker by nine centavos from its P58.91 finish on Wednesday. This marked […]
November 21, 2024
BSP monitoring lenders behaving like digital banks
FREEPIK SOME LENDERS behaving like online banks might be required to obtain digital banking licenses to curb arbitrage and improve oversight, the Bangko Sentral ng Pilipinas (BSP) said. “We’re busy right now determining which among the digi-centric institutions that we have right now can already be considered as operating like a digital bank,” BSP Director […]
November 21, 2024
PHL breaks ground on world’s largest solar and battery storage facility
PRESIDENT Ferdinand R. Marcos, Jr. (left) and Manila Electric Co. (Meralco) Chairman and Chief Executive Officer Manuel V. Pangilinan hold the time capsule during the groundbreaking ceremony of the MTerra Solar Project. Also in photo is Meralco Vice Chairman Lance Y. Gokongwei (right). — PHILIPPINE STAR/NOEL PABALATE THE PHILIPPINES on Thursday signaled the start of […]
