MANILA, Philippines — Philippine stock market investors lost P1.7 trillion in just three weeks because of corruption behind anomalous flood control projects, according to the Securities and Exchange Commission (SEC). Francis Lim, chair of the SEC, recently told financial executives the billion-peso flood control project scandal had already shaken public confidence, impacting the country’s overall
Category: economy
Beer Shortages Hit Japan’s Izakayas
Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to only one left as supply chain delays ripple through the industry.
Beer Shortages Hit Japan’s Izakayas
Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to only one left as supply chain delays ripple through the industry.
Beer Shortages Hit Japan’s Izakayas
Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to “only one left” as supply chain delays ripple through the industry. (News On Japan)
Maharashtra Approves Gems And Jewellery Policy 2025 To Attract ₹1 Lakh Crore Investment, Create 5 Lakh Jobs
The policy, which will be in effect from 2025 to 2030, also seeks to double the state’s exports in the sector from USD 15 billion to USD 30 billion, establishing Maharashtra as a global hub for gems and jewellery manufacturing and trade.
GIR beats official 2025 forecast on bullish gold prices
MANILA, Philippines – The value of gold held by the central bank hit a record high in September, tracking a global rally in bullion and lifting the Philippines’ foreign reserves to their highest level in 11 months. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed the country’s gross international reserves (GIR) rose by nearly
HDFC Bank cuts MCLR: How much could your EMIs drop?
HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates (MCLR), a move that is likely to benefit borrowers with loans linked to this benchmark.
Benign September inflation perks up Philippine stocks
MANILA, Philippines — Investors were quick to take advantage of lower priced stocks on Tuesday, with the local bourse lighting up green after the inflation rate turned out to be lower than expected. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) recovered by 1.39 percent or 83.51 points to end at 6,083.83. Likewise,
Trump says the US has secured $17 trillion in new investments. The real number is likely much less
WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum of new investments that Trump claims to have generated with his tariffs, income tax cuts and aggressive salesmanship of CEOs, financiers, tech titans, prime ministers, presidents and other rulers. The $17 trillion is supposed to fund new factories,