Chinese e-commerce sites Temu, Shein raising U.S. prices due to tariffs

04/18/2025

TENNESSEE, United States — China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the…

Global uncertainty will ‘certainly’ hit growth — World Bank president

04/17/2025

WASHINGTON, United States — The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in…

CBM 2025 Padayon Cebu gears up to drive growth, innovation, and global competitiveness

JS Bee B. Galgo 04/16/2025

With its legacy firmly rooted in Cebu’s economic evolution, the Cebu Business Month (CBM) 2025 is once again set to elevate the region’s business landscape under the same theme, Padayon Cebu.  Organised by the Cebu Chamber of…

Central Visayas: Inflation rate eases in March 2025

Niña Mae C. Oliverio 04/15/2025

CEBU CITY, Philippines — The inflation rate in Central Visayas has eased last month, according to the Philippine Statistics Authority (PSA-7). For March 2025, it has decelerated to 2.4 percent from 2.5 percent in February, according to…

Apple has few incentives to start making iPhones in US

04/13/2025

SAN FRANCISCO — President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the United States for the first time. But that’s an unlikely scenario even…

Samsung under pressure as US tariffs rattle South Korean economy

04/12/2025

Vietnam — Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US President Donald Trump’s tariffs. But she hoped it would not affect business.…

Dollar plunges, stocks wobble over trade war turmoil

04/12/2025

New York, United States – Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump’s unpredictable tariff policy rattled market confidence. Trump triggered a massive market sell-off…

Marcos signs law transforming Neda into DepDev

Ian Nicolas P. Cigaral - @inquirerdotnet 04/12/2025

MANILA, Philippines — President Marcos has signed a law that reorganizes the National Economic and Development Authority (Neda), transforming the state’s main socioeconomic planning agency into a full-fledged executive department named as the Department of Economy, Planning…

Vivant secures 25-year deal to supply desalinated water to MCWD

Lisbet K. Esmael - @inquirerdotnet 04/11/2025

MANILA, Philippines — Vivant Hydrocore Holdings Inc. (Vivant Water), a subsidiary of listed Vivant Corp., has clinched a 25-year deal to supply water to Metro Cebu residents. In a disclosure Thursday, the Cebu-based conglomerate said Vivant Water…

Trump pauses most of his tariffs, except for China

04/10/2025

NEW YORK — US stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after President Donald Trump said he would back off on most of his tariffs temporarily, as investors…

Trump’s latest round of tariffs are poised to go into effect. Here’s what we know

04/09/2025

NEW YORK (AP) — President Donald Trump has launched tariff wars with nearly all of America’s trading partners. And there’s no end in sight. A number of sweeping new taxes on goods from other countries are already…

PCCI urges gov’t to lower US import tariffs, seek reciprocal trade deal

Alden Monzon - @inquirerdotnet 04/09/2025

MANILA, Philippines – ​The Philippine Chamber of Commerce and Industry (PCCI) has urged the Marcos administration to lower tariffs on US imports and pursue a reciprocal trade agreement, aiming to mitigate the adverse economic effects of President…

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