A prepaid card solution hatched by Citibank in partnership with international humanitarian organization Action Against Hunger (ACF International) to better disburse emergency aid in the wake of Tropical Storm “Sendong”–which triggered catastrophic floods in Cagayan De Oro and Iligan cities in December 2011–has earned a key global citation.
Bangladeshi textile bosses pleaded Monday with Western clothing giants to keep doing business with them after nearly 400 people died in a factory collapse as hopes of finding more survivors faded.
Hurricane Sandy froze commerce, shut down stock exchanges for the first time since 9/11 and idled millions of workers on Monday, laying siege to an economy still trying to get out of first gear.
Asian countries dominate a league table of economies most at risk from earthquakes, floods, storms and other natural hazards, according to research published on Wednesday.
The Philippine Stock Exchange suspended trading on Tuesday as heavy rains that flooded most of Metro Manila prompted a suspension of government offices, including the country’s central payments and clearing system.
Tokyo Electric Power’s chief on Wednesday vowed “nothing was sacred” in his bid to chop costs as the operator of Japan’s crippled Fukushima nuclear power plant posted a $3.68 billion quarterly loss.
The Japanese government will take a controlling stake in the operator of the Fukushima nuclear plant, media reported Wednesday, effectively nationalising one of the world’s largest utilities.
When a media person sees someone in distress, what should he do? Just write an article, shoot a photo or video, or actually do something about the situation?
Typhoon “Pedring” has come and gone, but its effects are still with us – floods are not subsiding, people wade barefoot in waist-high water with attendant risks to life and limb, and officials are not ending their debates on who is responsible for the unusual amount of water that came rushing down from mountains or from dams.
TOKYO—Foreign arrivals to Japan in May plunged by half from a year earlier, a third straight monthly drop following the quake, tsunami and nuclear disasters of March, a report said Thursday. The number of visitors was estimated at 358,000, down 50.4 percent from May 2010, said the state-affiliated Japan National Tourism Organization. In April the [...]
MANILA, Philippines—The massive earthquake in Japan, which triggered a tsunami and pushed the country on the brink of a nuclear disaster, will adversely affect the Philippine electronics industry as railway systems and cargo planes carrying raw materials from Japan cease to operate. According to Ernesto Santiago, president of the Semiconductor and Electronics Industries of the [...]
