Category: Business
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TSMC Unveils Ambitious $100 Billion US Expansion Plan in Collaboration with Trump
WASHINGTON, D.C. – In a landmark announcement, the leading Taiwanese semiconductor giant, TSMC, has pledged a staggering $100 billion investment in the United States. The plan outlines the construction of five additional chip factories in a strategic move spearheaded by CEO C.C. Wei, alongside former U.S. President Donald Trump. During a meeting at the White…
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Trump to Announce $100 Billion TSMC Investment in U.S. Amid Semiconductor Expansion Efforts
On Friday, February 28, 2025, President Donald Trump was seen on the South Lawn of the White House in Washington before boarding Marine One. On March 3, it was confirmed by a reliable source, that Trump will announce a substantial investment of $100 billion by Taiwan Semiconductor Manufacturing Company (TSMC) in the United States. As…
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Heightened Security Alert Issued Following Spy Arrests
Ahead of recent events, a leading telecommunications provider has issued a warning urging the public to stay alert. This follows the apprehension of five individuals allegedly involved in spying activities. On Monday, Globe Telecom released a statement emphasizing the need for customers to report any irregularities in signal or unauthorized transmissions using its dedicated platforms.…
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Escudero Calls for Review of PIGOs, Warns of Ban Amid Rising Social Impact on Filipinos
MANILA — Senate President Francis Escudero has urged the government to conduct a sweeping review of Philippine Inland Gaming Operators (PIGOs), warning that these locally focused online gambling platforms risk exploiting vulnerable Filipinos and mirroring the social ills linked to their offshore counterparts, POGOs. Key Concerns: Gambling’s Domestic Toll Escudero emphasized that while the controversial…
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Camp John Hay Receives Over P1 Billion in Investments Following BCDA Leadership
BAGUIO CITY, Philippines – In a remarkable turnaround, Camp John Hay has attracted investments exceeding ₱1 billion just two months after the Bases Conversion and Development Authority (BCDA) reclaimed management of the area. This influx signifies substantial investor faith in the government’s ambitious plans to revitalize this historical mountain retreat. Joshua M. Bingcang, the President…
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Manulife Philippines Aims for Robust 2025 Growth by Engaging Millennials and Gen Z
MANILA, Philippines – As more Filipinos prioritize financial security, Manulife Philippines projects strong growth for 2025, anticipating a significant uptick in demand for financial protection. Rahul Hora, president and CEO of Manulife Philippines, highlighted the heightened awareness among customers following the COVID-19 pandemic. “Many have realized that out-of-pocket expenses fall short in covering medical costs…
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Elon Musk’s Massive Job Cuts: A Historic Restructuring of US Government Employment?
Elon Musk Initiates Sweeping Job Reductions Across Federal Agencies In an unprecedented move, Elon Musk is directing substantial cuts within various United States federal departments, aiming to significantly reduce governmental operations and expenditures. Through the newly formed Department of Government Efficiency (DOGE), Musk’s actions are expected to impact tens of thousands, potentially marking the largest…
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BPI Restores Major Mobile App Services Following Downtime Issues
MANILA, Philippines – The Bank of the Philippine Islands (BPI) has confirmed on Saturday, March 1, the restoration of major features in its mobile app and online banking system after experiencing glitches that started on Friday, February 28. “We have successfully restored select critical functionalities within the BPI mobile app and BPI online platform. Currently,…
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Supreme Court Slams Metrobank: Foreclosure Voided Over Missing PHP 12M in Loan Payments
The Supreme Court of the Philippines (SC) has struck down the foreclosure sale of a mortgaged property initiated by Metropolitan Bank and Trust Company (Metrobank), citing the bank’s failure to properly account for loan payments made by the borrowers. In a landmark ruling penned by Associate Justice Mario V. Lopez, the SC’s Second Division sided…
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Eva Air Prohibits In-Flight Use of Power Banks and Lithium Batteries
MANILA – Starting March 1, Eva Air will no longer allow passengers to use or charge power banks and spare lithium batteries during flights. This decision, aimed at enhancing flight safety, was announced by the airline via a recent Facebook post. The airline has also clarified that these items are not permitted in checked luggage.…
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