Start of rice harvest signals lower prices: retail leader

Retail prices of rice will go down substantially without government intervention with the beginning of harvest season this week. In an interview on Saturday, Steven Cua, president of the Philippine Amalgamated Groceries and Supermarkets Association (P…

PEZA: Approved projects in various ecozones hit PHP111 billion

Project approvals in various economic zones nationwide hit PHP111.2 billion as of Sept. 7, 2023, Philippine Economic Zone Authority (PEZA) Director General Tereso Panga reported Friday. In a statement, Panga said the latest investment approvals figure…

PH jobs data back strong PSEi, peso closing

Local shares and the currency finished strong Friday on the back of robust employment data released by the government. The benchmark Philippine Stock Exchange index (PSEi) regained 39.87 points to 6,222.94, with broader all shares also increasing by 1…

More than 1K individuals to get Local Treasurer Eligibility

The Civil Service Commission (CSC) is set to confer the Local Treasurer Eligibility to 1,018 individuals who passed the Basic Competency on Local Treasury Examination (BCLTE) held on June 11, 2023. This figure represents 18.09 percent of the 5,626 tot…

Legal changes expected to increase appeal of Vietnam’s real estate market

The global economic slowdown, the impact COVID-19 pandemic, and internal difficulties have put Vietnam’s real estate market in a tough situation.Responding to the situation, Vietnam has issued policies on economic recovery and development, particularl…

Yili Achieves Growth in Operating Revenue and Net Profit in the First Half of 2023

According to Yili’s 2023 H1 report released on August 28, the company’s total operating income increased by 4.31% year on year to 66.197 billion yuan and its net profit grew by 2.85% to 6.314 billion yuan in the first half of 2023, setting new records…

Business, labor sectors laud rice price caps

Representatives of the agriculture, manufacturing and labor sectors on Monday welcomed Executive Order No. 39, which sets price ceilings on regular and well-milled rice, saying it will be a potent stop-gap solution to address surging inflation on the …