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Ai Ballesteros

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Ai is a Journalism graduate at a state university in the Philippines who considers "writing" and "enlightening the blind" as her passion.

Economic recovery buoys Philippine remittances in May

Money sent home by overseas Filipino workers (OFWs) rose by 13 percent in May as businesses dampened by the pandemic were starting to crawl their way back to recovery. According to a BusinessWorld report quoting preliminary data from the Bangko Sentral ng Pilipinas (BSP), cash...

Philippine power supply to get boost from new solar plant

The Luzon Grid in the Philippines is set for a boost after Global Business Power Corp. (GBP) broke ground for a new solar power plant in Baras, Rizal. With a capacity of 115 megawatts (MW), the project is expected to commence commercially in 2022. This...

Monde sets sight on alternative meats for expansion

Food maker Monde Nissin Corp. was looking to bank on the fast-growing alternative meats business following its successful initial public offering (IPO) that saw the company generate more than P48.6 billion in fresh funds. According to a report by BusinessWorld, Monde Nissin was planning to...

Duterte admin lowers Philippine growth projection on last year in office

The Philippine government has abandoned its goal to reach double-digit growth in the last year of the current administration amid the pandemic plaguing global economies. This as the National Economic and Development Authority (NEDA) announced that it was expecting the Philippine economy to settle between...

Indonesia-based Telkomsel invests $300 million more in Gojek

Mobile operator Telkomsel is pouring in an additional $300 million in multi-service platform Gojek in efforts to ramp up the multi-service provider’s business. According to a report by Jakarta Post, the total investment builds on the existing collaboration between Gojek and Telkomsel, with plans of...

Thailand GDP lowered to 2.3% as COVID further dents tourism

Thailand’s Finance Ministry on Thursday slashed for the second time around its economic growth forecast for the year as the global pandemic continues to dent the country heavily reliant on the tourism industry. According to a report by Bangkok Post, the Finance Ministry’s Fiscal Policy...

Philippines COVID cases break past one million

Coronavirus infections in the Philippines have breached the one-million mark as the country struggles to keep the virus outbreak at bay. According to the Department of Health, the country saw 8,929 infections on Monday, bringing the total tally to 1,006,428. However, some 914,952 cases of the...

Envoy pleads sanctions, no-fly zone into Myanmar

Myanmar’s envoy to the United Nations has called for sanctions and a no-fly zone into the country amid ongoing chaos between protesters and the military that has since claimed almost a thousand lives. Some 83 more individuals were killed on Saturday as activists determined to...

Malaysia sends 5 million students back to school

All five million Malaysian students were sent back physically to school despite the increasing number of Covid-19 cases in the country. This after secondary school students—who were covered in the last phase—have been allowed to return to in-face classes on Monday, a report by The...

Singapore eyes vaccine passport

THE government of Singapore is mulling over the establishment of a vaccine passport so as to spare travelers from undergoing a mandatory quarantine and support economic recovery. A report by the Straits Times said on Tuesday that discussions on mutual recognition of a Covid-19 certification...

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Economic recovery buoys Philippine remittances in May

Money sent home by overseas Filipino workers (OFWs) rose by 13 percent in May as businesses dampened by the pandemic were starting to crawl...

Philippine power supply to get boost from new solar plant

The Luzon Grid in the Philippines is set for a boost after Global Business Power Corp. (GBP) broke ground for a new solar power...

Will Japan seize its “ASEAN moment”?

At a time when Japanese officials are hardening their stance against China in the matter of Taiwanese independence, the country has been working hard...