The Supreme Court (SC) found in favor of five riders who claimed their employer, Lazada, fired them unjustly in 2017. In a decision issued on September 21, 2022, but released to the media on January 20, 2023, the Supreme Court challenged the rulings of the National Labor Relations Commission (NLRC) and the Court of Appeals, which concluded that there was …

Alphabet Inc., the parent company of Google, is eliminating around 12,000 employees due to “a changed economic reality,” according to an internal document. The company is doubling focus on artificial intelligence (AI) and eliminating personnel who support experimental initiatives. The job cutbacks impact 6% of its personnel and follow thousands of layoffs at internet heavyweights including as Amazon.com Inc, Microsoft …

The Bangko Sentral ng Pilipinas (BSP) has raised the interest rate ceiling on credit card transactions by 100 basis points, from 2% to 3% each month. “The policy aligns the credit card interest rate ceiling with macroeconomic developments and cushions the impact of inflationary pressure on banks’/credit card issuers’ ability to provide quality credit card services to their clients,” said …

Miss Universe Philippines 2021 runner-up Maureen Wroblewitz emphasizes the need of putting oneself first after experiencing “previous trauma” in a TikTok video published on January 20. In the video, where she is seen lip-syncing to Miley Cyrus’ current post-split single “Flowers,” the winner of Asia’s Next Top Model Cycle 5 seems to hint to a previous breakup. The lyrics state, …

According to Zobir Osman, managing director of construction firm Juru Wajar Sdn Bhd, the government’s statement that it would relax employment restrictions for foreign employees has rekindled optimism that the economy will recover. “Since the movement control order (MCO), it’s been difficult to get foreign employees,” he said, when he was met at a construction site in Kuala Lumpur. “On …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, president of the United Arab Emirates, has declared 2023 the “Year of Sustainability.” The “Year of Sustainability” will include a number of projects, activities, and events that draw on the UAE’s deeply ingrained ideals of sustainability and the heritage of its late founder, Sheikh Zayed bin Sultan Al Nahyan. In accordance with …

According to Dr Thani Al Zeyoudi, the Emirati Minister for Foreign Trade, the United Arab Emirates and India are in the early stages of negotiations to trade non-oil commodities in Indian rupees. India and the UAE recently signed a comprehensive free trade deal. China and India are two of the largest trading partners for Gulf Arab oil and gas producers, …

In his collegiate career, Ricci Rivero set a record by becoming the first player to win two UAAP championships, one with the University of the Philippines and one with the UP Ikot Drivers Association. The 23-year-old ended his UAAP career by guiding UP to its first championship in 1986. He had previously won his first championship as a freshman at …

Reed Hastings, the creator of Netflix, announced his resignation as the company’s CEO on Thursday, January 19, 2022, concurrently with the release of Netflix’s financial report for the fourth quarter of 2022. Hastings co-founded the firm with entrepreneur Marc Randolph in 1997. Randolph tweeted that his seven years working with Hastings were the “highlight” of his more than four decades …

Thursday, January 19, saw the first anti-deforestation operations under President Luiz Inacio Lula da Silva, who has vowed to halt the escalating damage inherited from his predecessor, Jair Bolsonaro. Environmental officers slashed their way through the jungle with machetes in pursuit of criminals. Reuters exclusively joined environmental agency Ibama’s searches in the rainforest state of Para to prevent illicit logging …