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MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) will rise significantly this year due to anticipated interest rate cuts, leading to better company profits, the chief investment officer of Sun Life Investment Management and Trust Corp. said.…
CEBU CITY, Philippines — A group of cement manufacturers warns providers of imported cement to be compliant with the Department of Trade and Industry (DTI)’s administrative order (DAO). In a statement sent by the Cement Manufacturers Association…
MANILA, Philippines — Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and this means that the small reprieve granted to motorists last week will be short-lived.…
Passengers will soon pay higher prices for plane tickets as the fuel surcharge is set to increase next month. The Civil Aeronautics Board (CAB) recently announced in an advisory that the fuel surcharge will rise from Level…
MANILA —Sari-sari stores in the Philippines, often called neighborhood variety stores, made over P8 billion in sales in 2023, up by more than a fifth from the previous year. A report by Packworks, an analytics startup, showed…
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced…
TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers…
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high…
SEOUL (Reuters) – South Korea has prepared a financial support programme of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates.…
TOKYO (Reuters) -Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world’s third-biggest economy to Germany and raising doubts about when the central bank would begin to exit its…
The increasing number of tech-savvy families in the middle and upper-income brackets is boosting the demand for leisure items in the Philippines, said BMI, a unit of the Fitch Group. This trend is expected to benefit the…
With over 3,000 guests at the Metrotent Convention Center in Pasig City on January 7, 2024, JC celebrated an important milestone while showcasing a wide range of accomplishments from the previous year. The event was hosted by…
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