Humble coconut oil turns into a luxury on rising demand, shrinking output
MUMBAI/JAKARTA/KUALA LUMPUR — Prices of coconut oil are surging in Asia, where top consumer India leads the charge with a tripling in two years,...
Peso jumps before Fed minutes, symposium
THE PESO rebounded against the dollar on Wednesday on expectations of a dovish tone from the minutes of the US Federal Reserve’s July meeting...
PSEi ends flat as market awaits Fed policy hints
PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the US Federal Reserve’s Jackson Hole...
PSE sets guidelines on stock market trading during disasters
TRADING at the stock market is automatically canceled if Metro Manila is placed under Tropical Cyclone Wind Signal (TCWS) No. 3 or higher, according...
Manila slumps to near bottom of smart cities list
MANILA continued its downward slide in the latest global index of “smart cities” by International Society for Urban Informatics (ISUI), even ranking last among select Asia-Pacific cities.
Trump’s 300% chip tariffs would be ‘prohibitive,’ says Balisacan
US PRESIDENT Donald J. Trump’s proposal to impose up to 300% tariffs on semiconductor chip imports to the US would kill global trade, according to Philippine Economy Secretary Arsenio M. Balisacan.
Pangandaman sees 6% GDP growth in second half
Philippine economic growth seen to pick in the second semester, amid an expected rebound in government spending following the election-tied ban, Budget Secretary Amenah...
Stocks may rise before Powell speech, BSP meet
PHILIPPINE SHARES may rise slightly when the market reopens on Friday as investors reposition before the US Federal Reserve Chair Jerome H. Powell’s speech...
Japanese credit rater affirms PHL ‘A-’ rating
JAPANESE credit watchdog Rating and Investment Information, Inc. (R&I) affirmed the Philippines’ investment-grade “A-” rating with a stable outlook, citing its steady economic growth.
“The...
Infrastructure spending rebounds in June
STATE SPENDING on infrastructure bounced back in June, as disbursements for public works projects resumed after the election ban was lifted in early May,...
Between sirens and care: Filipino caregivers dodge missiles in Israel
JERUSALEM/TEL AVIV — On that tense night in Jerusalem’s King George neighborhood in mid-June, the world felt narrower for Filipino caregivers Mildred D. Yambao, 38, and Lucy L. Gonzalez, 48.