“A hustle in the oil patch”, a “dirty legacy”: These are just a couple of the ways that the escalating costs of abandoning and reclaiming non-producing...
MANILA – Locally assembled vehicle sales in September 2023 increased by 9.5 percent to 38,628 units from 35,282 units sold a year ago, the Chamber of Automotive...
Inflation remains too high in the UK. The annual rate of consumer price inflation to September was 6.7%, the same as a month earlier. This is...
Global geopolitical tensions often play a pivotal role in shaping people’s perceptions of economic growth. Research shows concern about such issues can cause people and businesses...
MANILA – Department of Finance (DOF) Secretary Benjamin Diokno has pitched the Maharlika Investment Fund (MIF), the Philippines’ sovereign wealth fund, to business leaders in Saudi Arabia...
ISTANBUL – US-based global tech firm Microsoft has completed the USD69 billion acquisition deal of video game company Activision Blizzard, according to a filing with the US...
MANILA – Electricity rates in franchise areas of Manila Electric Co. (Meralco) will be higher in October, the distribution utility (DU) announced Wednesday. Meralco said power...
MANILA – The Bangko Sentral ng Pilipinas (BSP) said that as of September this year, a total of PHP98.8 million worth of coins have been deposited through its...
MANILA – The Australian government announced on Monday that it will establish an Investment Deal Team in the Philippines to bring Australian investments into the country. This...
MANILA – The sudden outbreak of hostilities between the state of Israel and Hamas militants does not pose an immediate economic threat to the Philippines, but financial...