DENVER — Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act “as appropriate” amid an economy that he said is likely to continue to expand.

PHILIPPINE wine company Novellino celebrated its 20^th anniversary earlier this week, marking its hold on the growing wine industry of the country.

SHARES in AllHome Corp.’s initial public offering, the biggest in the Philippines in three years, stand a good chance of gaining when they start trading Thursday, according to analysts and investors.

THE PHILIPPINE American Life and General Insurance Co. (Philam Life) is eyeing to launch its automatic underwriting system next year and triple its overall consumer base in next three years with its end-to-end digital system, officials said on Tuesday.

AN ALL-DAY neighborhood joint in New York’s Greenwich Village was last week named the world’s best bar, beating competition from luxury lounges around the globe and knocking London off the top of The World’s 50 Best Bars rankings.

ON SEPT. 20, pickers for Sonoma’s Kistler Vineyards headed out to chardonnay vineyards at 2 a.m., their headlamps lighting the way. Night harvesting when it’s cool maintains acidity in the grapes, which gives the winery’s cult whites zing and verve. By 9 a.m., grapes were on the crush pad, already being turned into wine.

THE lifting of bank secrecy is expected to generate additional government revenue of P76.6 billion, directly or indirectly, over the next five years, as economic managers promised to lobby Congress to make a weakening of account protections a feature of tax amnesty legislation.

THE Philippines regressed in three of six categories in the World Governance Indicators, with “Government Effectiveness” the standout area of improvement, a performance which Socioeconomic Planning Secretary Ernesto M. Pernia attributed to the streamlining of government services.

ILOILO CITY -- Local government units (LGUs) in Guimaras have been advised to develop agriculture for the time being pending the resolution of disrupted boat service to the island province which caused tourist arrivals to drop 74% in August.

IN OCTOBER 2018, the Pasig River made headlines for winning the inaugural Asia River Prize award from the International River Foundation. The organization recognized the efforts of the Pasig River Rehabilitation Commission (PRRC) to clean and restore the river to make it biologically habitable again. These efforts include removing structures that directly pollute the river, diverting waste being discharged into the river, and relocating thousands of informal settlers around the river into decent homes.

More than a year ago I wrote about a commentary in The World Post regarding new Dutch technology that was looking into incineration as a “clean” alternative to garbage disposal. And while we have existing laws on promoting solid waste management and banning incineration, I believe this matter deserves a second-look by our policy makers.

Among the tricks used by the anti-fossil fuel, anti-coal groups is to never recognize growth and economic modernization of countries that have relied on cheap, stable and reliable energy source. So for this paper, I scoured through actual numbers of coal consumption in million tons oil equivalent (mtoe) from 1965-2018, and GDP growth 1965-2018. Data source for the former is the BP Statistical Review of World Energy, June 2019, and for the later, the WB, World Development Indicators database, August 2019.