by admin | Aug 5, 2024 | Business
The Department of Trade and Industry (DTI) is considering banning the sale of electrical appliances in electronic marketplaces after it seized a record value of uncertified products last month. DTI Undersecretary Amanda Nograles said the agency is looking...
by admin | Aug 5, 2024 | Business, International Business
By Makiko Yamazaki TOKYO- Japan is closely monitoring foreign exchange movements and hopes the recent rebound in the yen can push down import costs, Finance Minister Shunichi Suzuki said. After languishing at 38-year lows below 160 per dollar for much of July, the yen...
by admin | Aug 5, 2024 | Business, International Business
By Gayatri Suroyo and Bernadette Christina JAKARTA- Indonesia’s economic growth probably slowed slightly to 5 percent in the second quarter and authorities are monitoring geopolitical developments that could affect the domestic economy, its finance minister said....
by admin | Aug 5, 2024 | Business, International Business
By Lucia Mutikani WASHINGTON- The US unemployment rate jumped to near a three-year high of 4.3 percent in July amid a significant slowdown in hiring, heightening fears the labor market was deteriorating and potentially making the economy vulnerable to a recession. The...
by admin | Aug 5, 2024 | Business, Corporate Business
By Myla Iglesias CEBU Pacific (CEB) is set to reduce weekly flights to China by 60 percent this winter season but will continue to expand its operations in the Southeast Asian market to sustain its growth. Citing low traffic and the tension between the Philippines and...