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By The Financial District
Jun 24, 20241 min read
U.S. Farmers Shun Buyers, Keep Corn As Prices Slump
South Dakota farmer Eric Kroupa received a flurry of calls from grain dealers and ethanol plants asking to buy the corn locked away in his..
By The Financial District
Jun 23, 20241 min read
Central Banks Recalibrate As Big Policy Easing Fizzles
Six months ago, the world's major central banks were primed for a move that anyone with a credit card or hoping to buy a home or run a...
By Reggie Vizmanos
Jun 23, 20242 min read
Finance Sec. Recto Pitches "Investment Haven PH" To Japanese Firms
Department of Finance (DOF) Secretary Ralph Recto invited Japanese companies to invest in the Philippines as he pitched the country as a...
By The Financial District
Jun 23, 20241 min read
Tourism Department Eyes "Liberalized" Visa Policies For Cruise Passengers
The Department of Tourism (DOT) revealed that it is considering the liberalization of visa policies for cruise passengers to help position..
By The Financial District
Jun 21, 20242 min read
PSE Index Collapses
The Philippine Stock Exchange (PSE) index today collapsed to a huge loss on foreign selling.
By The Financial District
Jun 21, 20241 min read
Spain's Big Problem: Green Energy Can Exceed Demand
The patchwork plains of Castilla-La Mancha, in central Spain, were once known for their windmills. But now it is wind turbines, their...
By Reggie Vizmanos
Jun 21, 20242 min read
74 Projects Worth PHP2.32 Trillion Endorsed For Green Lane Treatment
Seventy-four projects totaling PHP2.32 trillion have been issued green lane certificates by the Board of Investments (BOI) One-Stop Action..
By The Financial District
Jun 20, 20242 min read
PSE Index Breaches Support Level
The Philippine Stock Exchange (PSE) index today breached its support level again as foreign selling continued, closing at 6,344.56 points...
By The Financial District
Jun 20, 20241 min read
European Nations Compete For Chinese EV Factories, Jobs
European governments may be wary of budget Chinese electric vehicles (EVs) flooding their markets, but they're also fiercely competing for..
By The Financial District
Jun 20, 20241 min read
U.S. Treasury, IRS To Close $50-B Tax Loophole On Partnerships
The US Treasury and Internal Revenue Service have announced that they will close a tax loophole exploited by large, complex partnerships...
By The Financial District
Jun 20, 20242 min read
DTI-BOI Logs PHP640.22 Billion Investments Approval In First 5 Months Of 2024
The Department of Trade and Industry’s Board of Investments (BOI) logged a total of PHP640.22 billion worth of approved investments from...
By The Financial District
Jun 19, 20241 min read
Heavy Foreign Selling Keeps PSE Index In The Red
The Philippine Stock Exchange (PSE) index posted another decline, slipping by 2.77 points to close at 6,366.03, a loss of 0.04 percent.
By Reggie Vizmanos
Jun 19, 20242 min read
Tourism Sector Posts 8.6% Contribution To PH Economy In 2023
The country’s tourism sector posted an impressive 8.6% contribution to the national economy in 2023.
By The Financial District
Jun 19, 20241 min read
Asia Shares Push Higher, Aussie Bourse Up
Asian stocks tracked Wall Street higher on Tuesday, ahead of a chorus of Federal Reserve officials due to speak later in the day.
By The Financial District
Jun 18, 20241 min read
U.S. Industry Groups Seek Hearing On Biden's China Tariff Hikes
A wide swath of pro-trade US business groups has asked the Biden administration for another month to comment on plans to impose steeper...
By The Financial District
Jun 18, 20242 min read
UK Unemployment Rate Highest In More Than Two Years
The unemployment rate in the United Kingdom has unexpectedly risen to its highest level in two and a half years.
By The Financial District
Jun 18, 20242 min read
PSE Index Still Stuck In The Doldrums
The Philippine Stock Exchange (PSE) index went down again today, with banking stocks accounting for the decline, while holding firms and...
By The Financial District
Jun 18, 20241 min read
Extinct Norwegian Volcano Holds Massive Rare Earth Deposit
The Fen Carbonatite Complex in Norway may secure Europe's rare-earth-element supply chain with the discovery of a significant deposit.
By The Financial District
Jun 18, 20241 min read
World To Amass "Major" Oil Surplus By 2030: IEA
The world is projected to experience a substantial oil surplus by 2030 due to increased production and the impact of the clean energy...
By The Financial District
Jun 18, 20241 min read
Personal Remittances Reach $2.86-B In April
Personal remittances from Overseas Filipinos (OFs) grew by 3.1 percent to $2.86 billion in April 2024, up from $2.77 billion in April 2023.
By Lito U. Gagni
Jun 18, 20242 min read
DOTr’s Modernization Plan Goes Beyond Transport
The modernization program of the Department of Transportation (DOTr) for public utility vehicles (PUVs) extends beyond transport issues...
By The Financial District
Jun 15, 20242 min read
PSE Index Continues Downtrend
The Philippine Stock Exchange (PSE) index continued its downtrend Friday, despite a brief stay above its milestone level due to short...
By The Financial District
Jun 14, 20241 min read
U.S. Employers Added 272,000 Jobs Last Month
America’s employers added a strong 272,000 jobs in May, accelerating from April, indicating that companies are still confident enough in...
By The Financial District
Jun 14, 20241 min read
Ghana to Delay Cocoa Deliveries Amid Skyrocketing Prices
Ghana, the world's second-largest cocoa producer, plans to delay the delivery of up to 350,000 tons of beans to the next season due to...
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