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Philippines
Saturday, April 20, 2024

Economy & Trade

PH, New Zealand seek to boost trade

The Philippines seeks to revitalize trade with New Zealand, according to Department of Trade and Industry (DTI) Secretary Alfredo Pascual during the Philippine and New Zealand business matching session on April 18. The session was held on the sidelines of the official visit of New Zealand Prime Minister Christopher Luxon to the Philippines from April 17 to 18, marking the first New Zealand prime minister in 14 years. Pascual said the...

Economic team woos more US investors to PH

The government’s economic team is wooing more American investors to consider the...

BOC blocked P18.1-b smuggled goods in Q1

The Bureau of Customs (BOC) said Thursday it stepped up its campaign...

CAB maintains fuel surcharge

The Civil Aeronautics Board (CAB) said the passenger and cargo fuel surcharge...

LATEST Economy & Trade

LATEST

China central bank cuts lending rate to reinforce economy

BEIJING, China—China’s central bank on Monday cut benchmark loan rates in an attempt to boost an economy battered by the government’s strict zero-COVID policy...

Economy can absorb rate hike—BPI

Bank of the Philippine Islands, the third-largest bank, said Friday the economy has enough capacity to absorb the Bangko Sentral ng Pilipinas’ 50-basis-point increase...

Turkey’s central bank stuns markets by cutting rate despite soaring inflation

Istanbul, Turkey—Turkey’s central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and...

Japan’s core prices rose by 2.4% in July

Tokyo, Japan—Japan’s core consumer prices for items excluding fresh products rose 2.4 percent on-year in July, the highest in more than seven years and...

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