Thursday , 18 December 2025

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Philippines plays catch-up as more banks tap big data

Bloomberg The Philippine central bank is beefing up its data tools to get a better handle on a fast-growing economy, which is starting to flash warning signs because of a rapid buildup of debt. Like central banks across Southeast Asia, Bangko Sentral ng Pilipinas is pushing to capture information from “big data,” drawn from sources such as online search engines, …

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Stranded Sukhoi jets haunt troubled airline

Bloomberg In cavernous jet hangars in and around Mexico City, Interjet has a secret. Four of the Mexican airline’s Sukhoi Superjet 100s—out of a fleet of 22—have been grounded for at least five months because of engine maintenance delays. The Russian-made aircraft, which average just four years old, are now being cannibalised, an industry term for when a plane is …

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Bid to collect internet sales tax gets top US court review

Bloomberg The US Supreme Court will consider freeing state and local governments to collect billions of dollars in sales taxes from online retailers, agreeing to revisit a 26-year-old ruling that has made much of the internet a tax-free zone. Heeding calls from traditional retailers and dozens of states, the justices said they’ll hear South Dakota’s contention that the 1992 ruling …

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