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Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Over 40 defective weighing scales seized in Carbon Market
CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
Cebu City College construction in Ramos Public Market starts
CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»
Power reserve market starts full commercial operations
The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Agdao Public Market vendors want variety and vegetable sections merged
DAVAO CITY (MindaNews / 24 March) – Vendors of Agdao Public Market here are asking the city government to merge the Variety and Vegetable Sections into one section claiming they have difficulties in getting customers because of their location. In a letter addressed to Mayor Sebastian Duterte, the City Administrator’s Office, the City Economic Enterprise […].....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
SEC to work with Go on capital market reforms
The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»
Dot Property Southeast Asia Awards 2023 celebrates foremost developers, projects and agencies
The Southeast Asia real estate market currently faces challenges in the face of the global economic environment and tightening access to finance, however, the winners at this eighth annual Dot Property Southeast Asia Awards were celebrated in recognition of their resilience and adaptability to both the evolving needs of home seekers and the surrounding market conditions......»»
Strengthening the Single Economic Market
Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman. "I have met with Treasurer Chalmers and shared our new Government's ambitious economic goals, our plans to gr.....»»
‘No risk of political reform in economic Cha-cha’
Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»
Economic Cha-cha to boost FDI – BSP
Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
NEDA Chief: More reforms needed to unlock full benefits of Cha-cha
MANILA, Philippines —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»
Charter change: Only the economic provisions should be included
So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»
Extreme weather, economic downturn top risks for Philippines – WEF
Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»