Tag: business

Japan, nangangailangan ng mahigit 300,000 foreign workers

(Eagle News) — Mahigit tatlong daang libong manggagawa ang kailangan ngayon ng Japan para sa 14 na industriya. Sa Abril, may ilulunsad na bagong employment track kung saan may pagkakataon ang manggagawa na madala ang pamilya at magkaroon ng “immigrant status.” Nakipagpulong na ang mga opisyal ng Japan sa Philippine Overseas Employment Administration (POEA) para ilunsad ang bagong employment track na tatawaging “specified skilled worker visa.” May dalawang kategorya sa ilalim ng bagong programa depende […]

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India gives Volkswagen 24 hours to pay Dieselgate fine

NEW DELHI, India (AFP) — India’s environmental court Thursday threatened Volkswagen executives with arrest and gave the German automaker a day to pay $14 million for violating pollution norms by fudging emission tests. The “Dieselgate” scandal, which saw VW cheat emissions tests on millions of diesel vehicles, has already cost the firm over $30 billion in fines, recalls and compensation worldwide. India’s National Green Tribunal ruled in November VW must deposit a fine of 1.7 […]

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Microsoft pledges $500 mn to ease local housing crunch

SAN FRANCISCO, United States (AFP) — Microsoft on Wednesday pledged $500 million for loans and grants aimed at ramping up construction of affordable housing in the Puget Sound area of Washington state where the US technology giant has its home. “In recent years, our region hasn’t built enough housing for the people who live here,” Microsoft executives Amy Hood and Brad Smith said in a blog post. “We are committing $500 million as a company to […]

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LPG prices increase

(Eagle News) — The prices of cooking gas and auto liquefied petroleum gas (LPG) increased today, January 16. LPG supplier Fiesta, Solane and Petron increased their cost by Php 1.12 per kilogram or Php 12.00 for a standard 11-kilogram tank. Regasco on the other hand, will implement a price hike on Thursday, January 17. LPGMA Partylist Rep. Arnel Ty said importers needed to implement additional taxes, as the old stocks of petroleum products had already […]

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Remittances, tumaas ng 2.4% noong Nobyembre

(Eagle News) — Tumaas ang personal remittances ng Overseas Filipino Workers noong buwan ng Nobyembre 2018. Batay sa data na Inilabas ng Bangko Sentral ng Pilipinas (BSP), ang personal remittances o perang ipinadala sa pamamagitan ng cash o in kind ay lumago ng 2.4 percent. 2.8 percent naman ang itinaas sa mga perang ipinadala sa pamamagitan ng bangko. Ayon sa BSP, ang paglago sa personal remittances sa unang labing-isang buwan ng 2018 ay dahil sa […]

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Oil firms implement bigtime price hike on petroleum products

(Eagle News) — Big oil companies started to implement a big-time price increase on its petroleum products on Tuesday, January 15. Gasoline prices increased by Php 1.45 per liter while diesel prices increased by Php 2.30 per liter. Oil companies such as Petro Gazz, Total, Jetti, UniOil, Phoenix, Petron, Flying V, Seaoil and Shell implemented the price adjustment on its petroleum products starting 6:00 am today. Eastern Petroleum and Caltex were the first to implement […]

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Asian markets hit by profit-taking, more weak China data

HONG KONG, China (AFP) — Hong Kong led a sell-off across Asian markets Monday as profit-takers moved in following a six-day rally, while dealers were also spooked by another disappointing batch of weak economic data out of China. With few catalysts to drive buying, equities were ripe for selling after last week’s healthy gains, with the US government shutdown — now in its fourth week and showing no sign of ending soon — instilling a […]

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China’s global trade surplus fell in 2018: customs

BEIJING, China (AFP) — China’s global trade volume rose last year but its surplus fell again as its imports outpaced its exports, official data released Monday showed amid a bruising trade war with the United States. Total trade reached $4.62 trillion, a 12.6 percent rise from 2017, according to customs data. But the trade surplus for the world’s second largest economy fell 16.2 percent to $351.76 billion, as imports rose 15.8 percent while exports gained […]

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Asian markets in retreat after week-long rally

HONG KONG, China (AFP) — Hong Kong led a sell-off across Asian markets Monday as profit-takers moved in following a six-day rally, while traders look ahead to the release of corporate earnings. With few catalysts to drive buying, equities were ripe for selling after last week’s healthy gains, with the US government shutdown — now in its fourth week and showing no sign of ending soon — instilling a sense of unease. Also on the […]

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Hong Kong stocks start with small losses

HONG KONG, China (AFP)– Hong Kong stocks dipped at the start of trade Monday after a six-day rally that saw it pile on more than six percent, while investors are also gearing up for the corporate earnings season. The Hang Seng Index eased 0.40 percent, or 107.59 points, to 26,559.68. The benchmark Shanghai Composite Index inched down 0.50 points to 2,553.33 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was also […]

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Big-time oil price hike, posibleng ipatupad ngayong linggo

(Eagle News) — Nakaamba ang isang big-time oil price hike sa mga produktong petrolyo ngayong linggo, dahil sa pagtaas ng presyo ng langis sa world market. Bukod pa ito sa ipatutupad na ikalawang bugso ng excise tax ng mga gasolinahang ubos na ang 2018 stocks. Ayon sa oil industry sources, aabot sa Php 2.20 hanggang Php 2. 30 kada litro ang madaragdag sa presyo ng diesel. Madaragdagan naman ng Php 1.40 hanggang Php 1.50 kada […]

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Under pressure to change, Ford is reinventing itself

by Luc OLINGA Agence France-Presse NEW YORK, United States (AFP) — Struggling with a sagging stock price and sluggish sales, US car giant Ford took steps to regain its footing this week with the announcement of a massive restructuring effort in Europe — even as it prepared for an imminent strategic partnership with German carmaker Volkswagen. The iconic American brand will roll out a major reorganization of its European operations to boost profitability, including thousands […]

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