Lack of innovation is not the main reason why most startup companies don’t make it big. During the Ocean Summit in Panglao, Bohol a few weeks ago, broadcast journalist Karen Davila dismissed the notion that the success rate of startup companies is big. “One percent of startups only succeed,” Davila said. Davila noted that the […]
Read MoreShare prices climbed anew yesterday as investors await the outcome of the US Federal Reserve meeting. The Philippine Stock Exchange index (PSEi) climbed 47.43 points or 0.69 percent to finish at 6,928.34, while the broader All Shares index edged up 28.72 points or 0.69 percent to end at 4,201.37. All sectoral indices were up led […]
Read MoreShares bounced back yesterday as investors showed better confidence and tried to scoop up speculative stocks that were hit by strong selling. The benchmark VN Index on the HCM Stock Exchange rose 1.6 per cent to close at 665.14 points, ending a two-day decline of 1.3 per cent. The HNX Index on the Hà Nội […]
Read MoreThe country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Việt Nam Food Association. Speaking at a seminar in HCM City on Tuesday, Huỳnh Thế Năng, its chairman, said Việt Nam has exported 4.5 million […]
Read MoreViệt Nam’s cement and clinker export in 2016 is estimated at some 15 million tonnes, and is worth US$556 million. It’s down 7 per cent from last year due to fierce competition with cheap products of other producers. According to the Việt Nam National Cement Association, by the end of November, the country exported 13.97 […]
Read MoreThe VNĐ/US$ reference exchange rate was revised up by VNĐ11 from December 14 to touch VNĐ22,135 per US dollar on Thursday. With the current trading band of +/- 3 per cent, the ceiling rate applicable for commercial banks during the day is VNĐ22,799 and the floor rate is VNĐ21,471 for one US dollar. The rates […]
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