Western countries have imposed massive sanctions against Russia for its invasion of Ukraine. The West has increasingly relied on economic sanctions to punish or change the...
In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2022, that it will sell its nearly 20% ownership in Russian...
A world fair is currently being held in Dubai, with delegations from 192 countries celebrating and promoting their nation’s place in the global community. Among the...
The Russian assault on Kyiv and other Ukrainian cities has intensified uncertainty in the world economy. To condemn Putin’s war, western leaders announced some restrictive economic...
MANILA – Monetary authorities are closely monitoring developments overseas such as upticks in oil prices, its impact on domestic inflation and any second-round effects. Prices of oil...
MANILA – Finance Secretary Carlos Dominguez III has highlighted the need to continue modernization in the Bureau of Internal Revenue (BIR), citing gains from earlier measures...
MANILA – Finance Secretary Carlos Dominguez III said Thursday investing more in infrastructure, social services and climate action to stimulate growth as the government begins the...
MANILA – Seeing the potential of the country’s e-commerce, a Philippine-based e-commerce startup has raised USD10.7 million from regional and global investors to expand its business....
NEW YORK – Oil prices surged again on Wednesday after major oil producers decided to stick to modest output increases despite supply fears amid the Russia-Ukraine...
MANILA – President Rodrigo Duterte has signed Executive Order (EO) 164 that now includes the potential of nuclear power in the country’s energy mix. Released on...