Read this in The Manila Times digital edition. BEIJING — China said on Saturday it will exempt some Nexperia chips from an export ban that was imposed over a row with Dutch officials and has alarmed European businesses. Anxiety over chip shortages began when the Netherlands invoked a Cold War-era …
Read More »Business World
Mamas know best
Read this in The Manila Times digital edition. MODELS OF EMPOWERMENT Members of the Women’s Association of Barangay Bitoon (WABB) tend to their community garden in Del Carmen, Siargao. These mothers have transformed their small weekly savings and their garden into a source of livelihood, confidence and mutual support, with …
Read More »OPEC+ looks set to further hike oil output
LONDON — Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual meeting Sunday, as the group continues to seek greater market share. Analysts predict a slight output hike when the group of eight oil-producing countries …
Read More »Canada will start dispute resolution process over Stellantis jobs lost to U.S., Joly says
Industry Minister Melanie Joly told a parliamentary committee Monday that Ottawa wants to recover some of the billions it has committed to auto manufacturer Stellantis. Industry minister says Ottawa wants to recover some of the billions it's committed to automaker Play Listen to this article Estimated 4 minutes Joly says …
Read More »Can the federal budget reset Canada’s economy?
Canada's economy is suffering. The Bank of Canada says interest rate cuts can only do so much. So it's passed the baton to the federal government. This week's budget can do what the central bank cannot: restructure how the Canadian economy grows. Interest rates can only do so much. So, …
Read More »BMI: Bangko Sentral to keep cutting rates
Read this in The Manila Times digital edition. (UPDATE) THE Bangko Sentral ng Pilipinas (BSP) will likely continue lowering key interest rates to support the economy amid lower inflation, a Fitch Group unit said. BMI Country Risk and Industry Research, in an Oct. 30 commentary, said the central bank was …
Read More »China factory activity stumbles as export orders dry up
BEIJING — China’s factory activity shrank for a seventh month in October, dragged by a drop in new export orders as the boost from months of front-loading to beat United States President Donald Trump’s tariff threats finally wore off. The official purchasing managers’ index (PMI) fell to 49.0 in October …
Read More »Permitting public transport innovations
(Toix Cerna, my guest columnist this week, has been an advocate of reforms in the road public transport sector for almost a decade. She is a policy researcher and is part of mobility advocacy groups Commuters for Change and the Move As One Coalition). COMMUTERS have a lot to be …
Read More »Why some airline travellers are opting for a seat upgrade, despite the big price tag
Airlines say they are reporting more revenue from upgrades. Some passengers say that's because the economy ticket experience has become so undesirable. Airlines are reporting a revenue boost from premium seats, thanks in part to changes in economy class Play Listen to this article Estimated 6 minutes LISTEN | How …
Read More »Peso, PSEi drop with easing in doubt
THE peso weakened on Thursday and the stock market also fell with sentiment said to have taken a hit from the Federal Reserve’s latest rate cut possibly being the last for the year. The currency closed at P58.85 to the dollar, weaker by 16 centavos, while the benchmark Philippine Stock …
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