Foreign investment pledges in 4Q more than double to P349.45B
Foreign investments approved by various investment promotions agencies reached P394.45 billion in the fourth quarter, more than double the P173.61 billion in the year-earlier period even though a number of IPAs didn’t report any approvals during the period.
Sunlight Air makes big move to Clark International Airport
Boutique airline Sunlight Air is moving its operations to its new home, Clark International Airport (CRK), on schedule this April 1, 2024. This comes with added nonstop routes to Boracay, daily flights to and from Cebu, and limited-edition Sunlight Air merchandise to celebrate the airline’s newest milestone.
US to scrutinize Disney, Fox, Warner sports streaming deal, Bloomberg Law reports
The U.S. Department of Justice is planning to scrutinize a sports streaming platform planned by Walt Disney, Fox and Warner Bros Discovery over concerns it could harm consumers, sports leagues and rivals, Bloomberg Law reported on Thursday.
India rice prices stay at record highs, Thai rice eases, Vietnam activity picks up
Rates of parboiled rice exported from India held record high levels hit this week even as demand was subdued from African buyers, while Vietnam saw increased trading activity after the holiday period.
OpenAI introduces AI model that turns text into video
Microsoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday.
