PH economy grows 7.1% in Q3, still among highest in SE Asia

MANILA – The Philippine economy expanded by 7.1 percent from July to September, among the highest third-quarter growths in the Association of the Southeast Asian Nations and...

As a global infrastructure giant, Facebook must uphold human rights

Facebook — its new corporate name is Meta — has always wanted to get to know you. Its public goal has ostensibly been to connect people....

Interest rates: why the era of cheap money is finally ending

The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low...

Green lending: world’s biggest banks’ latest initiative at COP26 is a step backwards

Over 450 of the world’s banks have committed to a new initiative at the COP26 UN Climate Change Conference which is designed to decarbonise their investments....

Wages up as Americans are encouraged back to work and into the office – 3 takeaways from the latest jobs report

After a lackluster jobs report in September 2021, the latest news on employment gives Americans plenty of cheer about ahead of the holiday season. In total,...

PH, New Zealand to continue cooperation on geothermal energy

MANILA – The Philippines and New Zealand will continue to explore cooperation on geothermal energy. This as Department of Energy (DOE) Secretary Alfonso Cusi and New Zealand...

Balance of risks for 2021 inflation still ‘on the upside’: Diokno

MANILA – The rate of price increases decelerated to 4.6 percent last October from month-ago’s 4.8 percent but Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said...

Why taxing US billionaires’ wealth – as Biden tried to do – will never work

The speed with which a tax on billionaires came and went as a means to pay for President Joe Biden’s economic agenda shows why it’s so...

At G20, Widodo calls for acceleration of global economic recovery

JAKARTA – President Joko Widodo called for the acceleration of a global economic recovery that is strong, inclusive, and sustainable at the economic and global health...

Microsoft surpasses Apple as most valuable US company