Transport & Communications
SEC trashes NOW Corp. pretensions of innocence on subsidiary abuses
The SEC's Enforcement and Investor Protection Department in an order dated 16 February 2024 threw away the appeal filed by NOW Corp. chief executive Mel Velarde for lack of merit, saying the business has misled the investing public by its failure to disclose material information impacting subsidiary firm NOW Telecom.
Rise of fast-fashion Shein, Temu roils global air cargo industry
The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for...
Globe engages AI-driven communications platform fo mobile operators
Globe Telecom has partnered with GMS, an artificial intelligence-driven communications solutions company, allowing businesses across the country access to next-generation customer experience solutions.
Globe and...
Tech-based joint venture spares taxpayers billions in charges
The Land Transportation Office (LTO) has embraced a management system that allows the agency to optimize efficiency in the delivery of its mandate but...
Ayala bets big on electric vehicles
Ayala Corporation, noting that up to 20 percent of all vehicles sold by 2030 will be electric, has made big bets on the EV space.
