Oil prices increase with new G7 sanctions on Russia

ANKARA – Oil prices surged on Tuesday amid likely sanctions on Russia by G7 countries, including a price cap on oil exports. International benchmark Brent crude was...

NEDA welcomes foreign investment negative list

MANILA – The National Economic and Development Authority (NEDA) welcomes the issuance of Executive Order (EO) No. 175 promulgating the 12th Regular Foreign Investment Negative List (RFINL)....

Online marketplace to bring coops’ products globally

Palace updates industries restricted from foreign investments

MANILA – President Rodrigo Duterte signed an executive order (EO) updating a list of industries restricted from foreign investment and reserved for Filipinos. EO No. 175, signed...

Clean fuel standards allow companies to get both tax credits and sell carbon credits

OTTAWA — Canada’s new emissions standards for gasoline and diesel will allow oil companies that get a federal tax break for installing carbon capture and storage...

Ottawa lost average of $22 billion a year in unpaid tax from 2014-2018: CRA report

OTTAWA — The federal government is losing an average of $22 billion a year in unpaid taxes, according to a new report from the Canada Revenue...

Oil price can rise to $135/barrel in H2 2022: IHS Markit

MOSCOW – Brent oil prices may rise to USD135 per barrel in the second half of the year amid insufficient supply on the world market, the IHS...

BSP seen to announce more aggressive rate hikes

MANILA – Fitch Solutions Country Risk and Industry Research forecasts the Bangko Sentral ng Pilipinas (BSP) to deliver more aggressive rate hikes, eyeing the key rates to...

Cancelled flights, disrupted vacations, frayed tempers: FAQs about the chaos in the airline industry

People around the world are anxious to travel again as pandemic restrictions are being lifted. But those planning to jump on a plane for a vacation...

Amid a red-hot summer job market, teenaged workers need to keep health and safety in mind

As a child and youth studies researcher, I’m interested in the relationship between teenagers and work. After two years of lockdowns that kept many teens from...