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Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
Hontiveros raises concerns over Bamban, Tarlac mayor’s Chinese ties
Hontiveros raises concerns over Bamban, Tarlac mayor’s Chinese ties.....»»
US paused bomb shipment to Israel to signal concerns over Rafah invasion, official says
US paused bomb shipment to Israel to signal concerns over Rafah invasion, official says.....»»
Is there a Sriracha shortage looming? Company halts production until after Labor Day
California-based Huy Fong Foods, the renowned maker of the popular sriracha hot sauce, has issued a warning about an impending shortage of their signature product......»»
Chocolate Hills resort halts operations
The Captain’s Peak Resort that lies within the world famous Chocolate Hills area temporarily shut down its operations yesterday, resort manager Julieta Sablas said......»»
Inflation halts 4-month decline
Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»
DA halts onion imports as oversupply drives prices down
The Department of Agriculture on Friday ordered the suspension of onion imports until May, citing abundant supply of onions in the country......»»
‘Wife out’
No, this is not a story about some philandering husband who decided to kick out his wife to be in the arms of his lover......»»
Axelum turns around in Q1 on higher sales
Higher sales helped Axelum Resources Corp. post a positive turnaround in the first quarter......»»
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»
Alveo reservation sales reach record high in Q1
Alveo Land, the brand for upscale properties of real estate developer Ayala Land, is off to a good start this year with record high reservation sales in the first quarte.....»»
Lower March sales pull down Wilcon earnings in Q1
Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»
Meralco expects higher sales in Q2
Manila Electric Co. (Meralco) expects its sales to grow by six to eight percent from April to June, according to chief commercial officer Ferdinand Geluz......»»
Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24
Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»
Panaad 2024: Cadiz City sales drop by 46%
Panaad 2024: Cadiz City sales drop by 46%.....»»
Weakened purchasing power causes 20% drop in Panaad Festival sales
Weakened purchasing power causes 20% drop in Panaad Festival sales.....»»
Panaad Festival 2-day sales generate P4.4M
Panaad Festival 2-day sales generate P4.4M.....»»
Lawmaker proposes discounted fuel sales for public transport sector
Lawmaker proposes discounted fuel sales for public transport sector.....»»
Balai income up in 2023 on strong sales
Listed bakery operator Balai ni Fruitas Inc. saw its earnings expand by more than half in 2023 as sales sizzled during the year......»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»