Business News

Expected resume of pogos hoists optimism in office property sector

The Philippines saw demand for office property despite the quarantine guidelines amid the COVID-19 pandemic. It was to held in defiance with the slow market seen elsewhere in the world. 211,000 square meters (sq m) of office space had been taken up in the first five months of the year. This is according to David Leechiu, […]

Expected resume of pogos hoists optimism in office property sector Read More »

‘Indulgent’ purchases expected to recuperate

As quarantine eases, consumers may start purchasing “indulgent” products as quarantine guidelines alleviates around the country. This is according to Nielsen Philippines Managing Director John Patrick Cua. Nielsen interviewed partner-retailers on their experiences during the quarantine period. They noted their challenges in purchasing sufficient stocks and in shipping goods to rural areas. According to Mr.

‘Indulgent’ purchases expected to recuperate Read More »

Facebook prepares AI that can detect offensive memes

Last Tuesday, Facebook released a plan to address offensive memes by using artificial intelligence supported by crowdsourcing. Crowdsourcing can help identify malicious and hateful posts. Facebook says memes are becoming harder to detect despite their previous efforts and improved tools. To combat this, Facebook has created a data set of 10,000 hateful memes and is

Facebook prepares AI that can detect offensive memes Read More »

ABS-CBN goes shutdown in compliance with NTC order

LAGUNA, Philippines — ABS-CBN has gone off the air following the National Telecommunications Commission (NTC) order dated May 5 to stop operating its television and radio broadcasting stations nationwide due to the expiry of its legislative franchise. The Cease and Desist Order against ABS-CBN was issued on Tuesday after its legislative franchise expired on May

ABS-CBN goes shutdown in compliance with NTC order Read More »