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According to Congressman Martin Romualdez, Miss Universe 2015 Pia Wurtzbach deserves tax exemption for the honor she brought to the country as well as her dedication to youth issues. Romualdez added that it is admirable that Wurtzbach volunteered to pay taxes and that she is an inspiration to the whole nation. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Oil companies will implement three to four pesos roll back on every liter of liquefied petroleum gas next month as the price of oil continues to go down in the world market. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos) https://youtu.be/g5Yqxds2pD4
Apple Inc forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments on Tuesday (January 26) as the critical Chinese market showed signs of weakening, suggesting the technology company’s period of exponential growth may be ending. The slowdown comes as Wall Street analysts worry the company does not have another blockbuster product to replace the iPhone. Apple does not report Watch sales, but it does not appear to have […]
Japan’s Nikkei average went up 240.29 to 16949.19, while the broader Topix rose 23.08 points to 1383.31. South Korean shares bounded up early on Wednesday, helped by an overnight bounce on Wall Street and in crude oil prices while retail investors scrambled for bargains but gains were capped by weak China stocks and the pending outcome of a U.S. Federal Reserve meeting. The Korea Composite Stock Price Index (KOSPI) was up 0.7 percent at 1,1884.61 […]
REUTERS — Global oil prices are expected to remain low in the near future according to analysts, even though the price has lately climbed to about 30 U.S. dollars a barrel. On Monday, the West Texas Intermediate for March delivery moved down 1.85 U.S. dollars to settle at 30.34 dollars a barrel on the New York Mercantile Exchange, while Brent crude for March delivery decreased 1.68 dollars to close at 30.5 dollars a barrel on […]
Hindi pa magkakaroon ng pagbaba sa presyo ng mga pangunahing bilihin sa kabila ng patuloy na rollback sa mga produktong petrolyo. Una nang hiniling ng mga manufacturer at trucking services sa Department of Trade and Industry o DTI ang recomputation sa kanilang projected price reduction para sa ilang bilihin. Pero ayon kay DTI Secretary Adrian Cristobal bibigyan niya ng dalawang linggo ang mga ito para ibaba ang halaga ng bilihin. Sa pulong ng National Price […]
Despite the continued rollback on the price of oil and petroleum products, there is still no rollback on the suggested retail price of basic goods in sight as manufacturers asked the Department of Trade and Industry to re-compute its projected reduction of said SRP, which means that there is still a need for a series of meetings before such reduction. The DTI added that it is not only the low price of oil and petroleum […]
REUTERS — Saudi Arabia aims to at least double annual inflows of foreign direct investment (FDI) over the next 10 years by focusing on new sectors such as mining, health care and information technology, the head of its investment agency said on Sunday (January 24). The plan outlined by Abdullatif al-Othman, governor of the Saudi Arabian General Investment Authority (SAGIA), is part of a radical revamp of economic policy as the kingdom seeks to adapt […]
A nail-biting time it certainly is – and if traders in Frankfurt were hoping for a magic rabbit from the European Central Bank (ECB) – they didn’t get it. But they did get a promise – after interest rates were held again at record low levels. MARIO DRAGHI, EUROPEAN CENTRAL BANK PRESIDENT: “It will therefore be necessary to review and possibly reconsider our monetary policy stance at our next meeting in early March.” The market crash […]
The rouble slumped to new all-time lows on Thursday (January 21) as speculative pressure on the currency built, piling pressure on policymakers and reinforcing fears about the fragility of the commodity-dependent economy. Pushed down by a collapse in global prices of oil that has soured sentiment for Russian assets, the rouble broke through 83 roubles per dollar for the first time before later slumping to 86 per dollar. Chief economist with Alfa Bank, Natalia Orlova, […]
Technological innovations are boosting the transformation of the global economy and society, as the 46th World Economic Forum (WEF) annual meeting is being held under the theme “Mastering the 4th Industrial Revolution” in Davos, Switzerland. A robot named Hubo, which can replace people to conduct search and rescue work in disaster-stricken areas, caught much attention at the Davos forum. A report of the forum forecast that the rise of robots and artificial intelligence will overset […]
Battered crude oil prices bounced back from their lows on Thursday (January 21, 2015), propelling solid gains in Asian shares and the dollar. Thursday’s gains built on Wall Street’s consolidation overnight in which major indexes finished with declines of more than 1 percent, but well off the 3 percent plus they plumbed in the previous session when U.S. crude had dropped to 2003 lows. Japan’s benchmark Nikkei average added 0.5 percent early after plunging 3.7 […]
