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European markets plunge on new virus strain
European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»
8 ‘auspicious’ Chinese New Year food
To welcome the new year and to attract the good luck that it would bring, the Chinese have included in their annual tradition the serving of “auspicious” food every Chinese New Year, which falls on February 10 this 2024......»»
SMC food, beverage arm to boost market dominance
San Miguel Food and Beverage Inc. is out to further reinforce its dominance in the beer and spirits markets this year.....»»
Economic Watch: More choices, lower price, Chinese consumers embrace durian harvest season
NANNING, May 29 (Xinhua) -- It is May and markets across China are bursting with durians, as it is peak harvest season across the Association of Southeast Asian Nations (ASEAN), the main exporter of this popular fruit. At Dongxing Port in Guangxi Zhuang Autonomous Region, south China, many durian stalls crowd both sides of the street, and the vendors' hawking fills the air. "This year, there are more vari.....»»
Economic Watch: More choices, lower price, Chinese consumers embrace durian harvest season
NANNING, May 29 (Xinhua) -- It is May and markets across China are bursting with durians, as it is peak harvest season across the Association of Southeast Asian Nations (ASEAN), the main exporter of this popular fruit. At Dongxing Port in Guangxi Zhuang Autonomous Region, south China, many durian stalls crowd both sides of the street, and the vendors' hawking fills the air. "This year, there are more vari.....»»
Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
Nomura hikes Philippines growth target for 2024
Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»
WATCH, NOW NA: Alamin ang mga pampaswerte tuwing Chinese New Year
HINDI kumpleto ang Chinese New Year kung wala sa hapag-kainan ang ilan sa mga pinaniniwalaan nating pampaswerte at pangtaboy ng kamalasan. Ano-ano nga ba ito? Baka Bet Mo: WATCH, NOW NA: Mga pampaswerte para sa ‘Year of The Dragon’ Ilang linggo bago ipagdiriwang ang Year of the Dragon, agad dumayo ang BANDERA team sa Binondo.....»»
Government to pitch Clark as new aviation hub
The Philippines will pitch Clark International Airport as the next Asian hub for aerospace investments in one of the largest aviation events this year......»»
Factory output rebounds in April
Local factory output expanded in April, a turnaround from the decline in the previous month, due mainly to the increase in food production, according to the Philippine Statistics Authority (PSA)......»»
Government debt payments down 21.1 percent in April
The government trimmed its debt service by 21.1 percent in April amid the decline in payments for the loan principal borrowed by the state......»»
NEDA sees rice prices going down in September
Domestic rice prices are likely to decline in September to reflect the downtrend in prices of the staple in the world market, according to the National Economic and Development Authority.....»»
Helping Earth heal
Last Saturday, a working paper written by Harvard and Northwestern University scholars revealed that a “one-degree Celsius increase in global temperature leads to a 12 percent decline in world gross domestic product.”.....»»
Onion prices may drop on bumper harvest
Onion prices are expected to remain stable or to even decline as the government forecasts another record harvest of bulbs in the second quarter, bringing nationwide supply to comfortable level......»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»
GOCC handling Clark complex posts 33 percent profit drop in 2023
The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»
Decline in exploitation cases; advocacy efforts strengthened
AN OFFICIAL from the Police Regional Office-Davao Region (PRO-Davao) reported two cases of online exploitation of women and children in the region in 2022......»»
Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline
US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»