MANILA, Philippines — Agricultural ministers in Asia and the Pacific, including the Philippines, have committed to promote the use of socio-technical innovations to improve food systems that will reduce hunger and malnutrition, and enhance food security in the region, according to the Department of Agriculture (DA). This was among the commitments and agreements forged during […]
Read MoreMANILA, Philippines — Uncertainties brought about by the ongoing war between Russia and Ukraine may affect an expected strong recovery in cargo flows, according to a top executive of ports operator International Container Terminal Services Inc. (ICTSI). ICTSI said the war sets several uncertainties, with the potential to disrupt businesses and institutions and poses threat […]
Read MoreMANILA, Philippines — New York-based think tank Global Source Partners Inc. expects inflation to accelerate and breach the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP) due to soaring global oil and food prices, as well as the weakening peso. Former finance undersecretary Romeo Bernardo, country analyst at GlobalSource, said in a […]
Read MoreMANILA, Philippines — The government paid a record P1.2 trillion in domestic and foreign debts last year as part of efforts to trim borrowings made during the pandemic. According to the Bureau of the Treasury, debt service jumped by more than 25 percent to an all-time high of P1.2 trillion in 2021 from P962.47 billion […]
Read MoreAs Ukraine-Russia conflict drags on MANILA, Philippines — Lower growth for the Philippines can be expected this year as the conflict between Ukraine and Russia escalates, but the country is still seen to be among the strongest performers in emerging Asia. In its weekly brief, international think tank Capital Economics slashed its gross domestic product […]
Read MoreMANILA, Philippines — The electronics sector, the country’s top exporter, is expected to post strong growth this year as the recovery of the global economy from the pandemic triggers a rebound in demand for technology products. In its weekly economic preview, market intelligence firm IHS Markit said the near-term outlook for the electronics industry in […]
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