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Largest exporter and importer

As the new year rolls in, it is worth mentioning how some Philippine industries fared well last year, in particular our electronics and semi-conductor indust.....»»

Category: financeSource: philstar philstarJan 13th, 2018

BRF execs barred from returning to chicken exporter

BRASILIA — Executives of major food processor BRF SA who were released by police on Friday will not be able to return to their posts at the company, the world’s largest poultry exporter, Brazil’s public prosecutor’s office said on Saturday. A Brazilian judge ordered their suspension from their activities in the company to avoid the […] The post BRF execs barred from returning to chicken exporter appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 11th, 2018

Technolux holds business series for restaurateurs, businessmen

MANILA, Philippines — Technolux, the country’s largest importer and supplier of a complete line of food service, small wares and laundry equipment, introduce.....»»

Category: financeSource:  philstarRelated NewsJan 14th, 2018

Technolux joins World Food Expo

MANILA, Philippines -  Technolux, the country’s largest importer and distributor of a complete line of food service, small wares, laundry and cleaning equipm.....»»

Category: financeSource:  philstarRelated NewsJul 16th, 2017

Tadeco ready to defend deal with BuCor

MANILA, Philippines - The Tagum Agricultural Development Co., the largest banana exporter in the country, is ready to defend its joint venture agreement (JVA.....»»

Category: newsSource:  philstarRelated NewsMay 31st, 2017

Opinion: M. A. P. Insights -- Pacita U. Juan: "What is truly ASEAN?"

It's not easy to discuss what ASEAN (Association of Southeast Asian Nations) is to regular people. It's even more difficult to discuss ASEAN with consumers and farmers. So it has been our mission to try and explain what ASEAN means to the consumer, the importer, the exporter and then the farmer......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2017

My Australia Day tribute to Filipino Australians

Filipinos love meat and Australia is the largest exporter of red meat to the Philippines. Beef is one of our top five exports and sheepmeat exports grew nearly 30 percent in 2016. Aussies too are partial to throwing a juicy slab of meat on the barbie (BBQ) and many will do so to commemorate Australia Day today......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2017

My Australia Day tribute to Filipino Australians

Filipinos love meat and Australia is the largest exporter of red meat to the Philippines. Beef is one of our top five exports and sheepmeat exports grew nearly 30 percent in 2016. Aussies too are partial to throwing a juicy slab of meat on the barbie (BBQ) and many will do so to commemorate Australia Day today......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2017

DTI withdraws import clearance of steel importer

MANILA, Philippines - The DTI has withdrawn the Import Clearance Certificate (ICC) for a 20,000 MT shipment of steel bars, the largest ever shipped into the.....»»

Category: financeSource:  philstarRelated NewsJan 15th, 2017

Trump presidency bad for China, says UK think tank

MANILA, Philippines - A Trump presidency entails greater economic uncertainty for China, the world’s largest exporter and the Philippines’ new preferred econ.....»»

Category: financeSource:  philstarRelated NewsNov 11th, 2016

Global Ferronickel announces 1-for-3 reverse stock split

GLOBAL Ferronickel Holdings, Inc. (FNI), the second largest nickel producer in the country and the largest single lateritic mine exporter in the world, announced on Monday that its shareholders have approved a reverse stock split of its common stock at a .....»»

Category: newsSource:  manilatimes_netRelated NewsOct 3rd, 2016

Google to invest $550 million in China e-commerce giant JD.com

Google will invest more than half a billion dollars in China’s second-largest e-commerce company JD.com as part of a move to expand retail services around the world, the companies said Monday. The announcement comes as US giant is pushing Google Shopping, a platform allowing customers to compare prices between different sellers, which poses a challenge […] The post Google to invest $550 million in China e-commerce giant JD.com appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated News17 hr. 51 min. ago

Philippines manufacturers may benefit from US, China trade war

The Philippines could further stand to benefit from the ongoing trade war between two of the world’s largest economies, this time as a production site for affected manufacturers......»»

Category: financeSource:  philstarRelated NewsJun 17th, 2018

Duterte: oil and natural gas in Ligawasan Marsh belong to Moro people

DAVAO CITY (MindaNews / 17  June) — President Rodrigo Duterte on Saturday night assured the Moro people that they would remain in control and possession of the huge untapped fossil fuel reserves in the 288,000-hectare Ligawasan Marsh, the country’s largest wetland. Duterte said during the 2018 Eid’l Fitr Celebration at the SMX Convention Center Davao that the Moro […].....»»

Category: newsSource:  mindanewsRelated NewsJun 17th, 2018

Natural early birds may have lower risk of depression

New United States research has found that middle-age and older women who are naturally early to bed and early to rise may have a lower risk of depression than those who are night owls. Carried out by researchers at University of Colorado Boulder and the Channing Division of Network Medicine at Brigham and Women's Hospital, the new research is the largest and most detailed observational study yet to look at the link between chronotype --- an individual's own natural preference for when they prefer to sleep and when they feel more awake and active --- and mood disorders. The team looked at 32,470 female nurses with an average age of 55 and asked them to report on their sleep patt...Keep on reading: Natural early birds may have lower risk of depression.....»»

Category: newsSource:  inquirerRelated NewsJun 17th, 2018

8990 upbeat on condo projects in Tondo

Leading housing developer 8990 Holdings has reported brisk sales of residential condominium units in Tondo, Manila,--its largest development in the metropolis--as condominium living starts to appea.....»»

Category: newsSource:  philippinetimesRelated NewsJun 16th, 2018

Top Southeast Asia startups to compete at Philippines biggest tech summit

History is about to be made yet again at the Ring of Fire Pitching Competition, set to be staged at Techtonic Summit 2018, the largest tech conference in the Philippines......»»

Category: financeSource:  philstarRelated NewsJun 16th, 2018

As Saudis wilt on field, kingdom pursues soccer power grab

By Rob Harris, Associated Press MOSCOW (AP) — The Saudis have ambitions to seize control over parts of international soccer. Losing 5-0 by Russia in the World Cup opener shows they might have bigger problems at home. Crown Prince Mohammed bin Salman had to endure the humiliation in the stadium on Thursday, with Saudi Arabia's mauling in Moscow coming at the hands of a side just below the Saudis in the FIFA rankings. Coach Juan Antonio Pizzi studiously sidestepped a question about whether his federation had been distracted lately. But it has. Just when the Saudis had a first World Cup appearance in 12 years to prepare for, the federation has been mounting a power grab of soccer far beyond the kingdom. What appears the creation of just another bureaucratic institution within the sport could actually have wider ramifications. On its face, the establishment of the South West Asian Football Federation by the Saudis, including the United Arab Emirates and Pakistan, to help to develop the game appears a benevolent undertaking, especially when the existing regional governing body is so vast. "Football is about growth and if you don't grow economically, socially, technically, you will not be moving," Saudi federation president Adel Ezzat told The Associated Press. "It's not enough for us to be in the World Cup. "We have a vision that an Asian country will win the World Cup one day, but there must be a start for that. Football is underdeveloped in many areas in Asia." Is the Asian Football Confederation to blame? "Ambitions have to be higher than winning the Asian Cup," Ezzat said. Confederation president Sheikh Salman, a Bahraini, said he "had no objection to the creation of SWAFF as long as it remains as a football body outside of the AFC's zonal structure." Scratch deeper below the surface and the true objectives of the new body seem a little cloudy. It is unclear why SWAFF is required when there are already regional offshoots of the AFC, including the West Asian Football Federation, which is led by Jordan's Prince Ali bin Al-Hussein who resisted an attempt by the Saudis to seize power of his organization before the new regional force emerged. "It will help Asia and it will help FIFA," Ezzat told The Associated Press. "We don't see anything wrong creating that connection between the south and the west. Football needs to grow." Ezzat maintained that SWAFF had followed the right legal steps to avoid breaching the rules of world football's governing body. Ezzat said FIFA governance committee head Mukul Mudgal had been dispatched by FIFA President Gianni Infantino to the SWAFF meeting on May 31 in Jeddah. The Indian judge denied he was in attendance. SWAFF said the founding members also include Pakistan, Sri Lanka, India, Nepal, Bangladesh, Bahrain, Maldives, Yemen, Oman and Kuwait. Oman Football Association General Secretary Said Othman Al Bulushi told the AP his nation was waiting to assess the statutes and legality of the body within FIFA before confirming its membership. The entire Gulf is not in SWAFF. Take a look at the map and three countries in particular are missing: Iran, Qatar and Yemen. "It's not about the geographic map," Saudi federation president Adel Ezzat said. "It's about zones." Could it also be about politics? For three years, a Saudi-led coalition has been trying to drive out Iranian-aligned Shiite rebels known as Houthis from Yemen to break the civil war in the Arab world's poorest nation and restore the exiled government. Across the Gulf, the Saudis are part of a quartet, including the UAE, Egypt and Bahrain, which has spent the last year putting the squeeze on Qatar. Diplomatic ties with the energy-rich country have been severed amid allegations that Qatar supports extremist groups in the region, which Doha denies. The Qataris, though, have plowed ahead with preparations to host an event that will put them at the center of the world's attention: the next World Cup in 2022. Ezzat won't discuss Qatar, or the 2022 World Cup. Turki Al-Sheikh, head of Saudi Arabia's General Sports Authority, has been less circumspect, demanding earlier this year that Qatar be stripped of the hosting rights if corruption around its bid was proven. For now, in Saudi sights is Qatar's flagship sports network, which owns exclusive Middle East and North African rights to the World Cup. The BeIN Sports coverage of the Russia World Cup opener was watched across Saudi Arabia — but on a pirate channel. The beoutQ signal is transmitted by a Riyadh-based satellite provider, whose largest shareholder is the Kingdom of Saudi Arabia. Still, the BeIN coverage was seized on by Al-Sheikh to threaten legal action against the network for "wrongdoings against KSA, its sports and officials, and for exploiting sports to achieve political goals." In a tweet, Al-Sheikh added Friday that this "proves Saudi authorities' true stance when banning this network from airing on its soil." Soccer's world body, though, is finally intervening. FIFA said it is "exploring all options to stop the infringement of its rights, including in relation to action against legitimate organizations that are seen to support such illegal activities." What FIFA would not say is whether Infantino raised Qatar's concerns when he watched the opener in the Luzhniki Stadium alongside the Saudi crown prince. Infantino has been a keen visitor to Saudi Arabia over the last year, including meeting King Salman, as intrigue has swirled about the country's role in a consortium's plans to underwrite $25 billion to launch a vastly expanded Club World Cup and an international Nations League. "He knows for a fact the importance of Saudi Arabia in the region," Ezzat said. "That's why I believe he is paying a lot of attention to Saudi Arabia. ... That's a very important sign. (FIFA) know this country can play a very important role in the development of football." Infantino, though, said he believed the backing for the new competitions was "not part of a wider Saudi sports grab." The proposals have stalled because of opposition within the council to Infantino's secrecy over the financial backers. Growing football is part of a sweeping "Vision 2030" plan to wean Saudi Arabia off its near-total dependence on oil money. Prince Mohammed is trying to push Saudi Arabia to become a more cosmopolitan nation that appeals to international investors. Ezzat wants to create new soccer competitions under the auspices of SWAFF and invite countries to participate from beyond the region — particularly Europe. "The country is going through an important change," Ezzat said. "Football can be a catalyst for change. The FIFA president I'm sure knows this very well. ... My country can play an important role in football." Just not the Saudi national team at the moment......»»

Category: sportsSource:  abscbnRelated NewsJun 16th, 2018

Trump OKs tough tariffs on China; Beijing retaliates

WASHINGTON---US President Donald Trump on Friday announced tariffs of 25 percent targeting tens of billions in Chinese imports, sparking immediate retaliation from Beijing and bringing the world's two largest economies to the brink of an all-out trade war feared by markets and industry.   Making good on a pledge to punish the alleged theft of American intellectual property, Trump warned in a statement of "additional tariffs" if China hits back with tit-for-tat duties on American goods and services exports.   At least initially, though, the new tariffs will not cover the full $50 billion in trade that the White House had threatened in March.   US Trade Rep...Keep on reading: Trump OKs tough tariffs on China; Beijing retaliates.....»»

Category: newsSource:  inquirerRelated NewsJun 16th, 2018

Trump slaps tariffs on China, triggering swift retaliation

WASHINGTON, USA – US President Donald Trump Friday, June 15 announced tariffs of 25% targeting tens of billions in Chinese imports, sparking immediate retaliation from Beijing and bringing the world's two largest economies to the brink of an all-out trade war feared by markets and industry. Making good on a pledge ........»»

Category: newsSource:  rapplerRelated NewsJun 15th, 2018

Fed hike to weigh on BSP policy as peso slips to new 12-year low

The decision of the US Federal Reserve to raise interest rates in the world's largest economy will weigh on the Bangko Sentral ng Pilipinas' (BSP) upcoming discussions on further tighteni.....»»

Category: newsSource:  philippinetimesRelated NewsJun 15th, 2018