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MANILA, Philippines (Eagle News) — May tiyansa nang matuloy ang pagpapatayo ng subway sa Metro Manila, na nakikitang solusyon sa matinding problema sa trapiko lalo na sa kahabaan ng EDSA. Nagkasundo na kasi ang Pilipinas at Japan para sa planong pag-utang ng bansa para sa subway project. Pagkatapos ng bilateral meeting sa pagitan nina Pangulong Duterte at Japanese Prime Minister Shinzo Abe, isinapinal na nina Foreign Affairs Secretary Alan Peter Cayetano at Japanese Ambassador Kojie Haneda […]
President Rodrigo Duterte on Monday, November 13, said he is mulling more investments from India, particularly in the manufacture of cheaper medicine. President Duterte held a bilateral meeting with Indian Prime Minister Narendra Modi on the sidelines of the 31st Association of Southeast Asian Nations (ASEAN) Summit. “We want to discuss trade relations further and especially, the most important one is that… and I’m happy that you’re here because if we can’t find the […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Thursday as investors snapped up shares at bargain prices after the previous day’s fall, and as the market gained support from rallies on Wall Street. The benchmark Nikkei 225 index edged up 0.37 percent, or 84.08 points, to 22,997.90 in early trade while the broader Topix index was up 0.30 percent, or 5.47 points, at 1,823.07. Mitsubishi UFJ rose modestly at the open on reports it would […]
by Issam AHMED Agence France-Presse WASHINGTON, United States (AFP) — US Commerce Secretary Wilbur Ross has business ties to a shipping firm linked to Vladimir Putin’s inner circle, according to a vast leak of financial documents that also revealed Britain’s Queen Elizabeth II’s investments in tax havens. It was also revealed that Canadian Prime Minister Justin Trudeau’s top fundraiser and senior advisor Stephen Bronfman, heir to the Seagram fortune, moved some $60 million to offshore […]
QUEZON CITY, Philippines (Eagle News) — Members of the Association of Southeast Nations were urged to prioritize resolving problematic issues faced by the region during the 31st ASEAN Summit. Economic experts say that if the regional issues were not solved, the ASEAN economic integration may not be achieved. These issues include those on investment, infrastructure, communication and information technology, as well as terrorist threats. https://youtu.be/ZY65NB5tg2E
(Eagle News) — Magpapadala ang gobyerno ng Pilipinas ng delegasyon sa China sa susunod na taon para makipagpulong kay Chinese Tech Magnate Jack Ma tungkol sa mga kaparaanan na matiyak ang healthy financial regulatory environment at madevelop ang e-Commerce sa Pilipinas. Ayon kay Finance Secretary Carlos Dominguez III, plano nilang bisitahin si Jack Ma sa Enero ng susunod na taon matapos makatanggap ng imbistayon para sa mas malalim pang talakayan sa China. Si Dominguez ay […]
QUEZON CITY, Philippines (Eagle News) — The Duterte Administration’s economic managers appealed to Congress to pass laws that will modernize the way of doing business in the Philippines. National Economic Development Authority (NEDA) Secretary General Ernesto Pernia said that outdated laws are hindering business in the country, especially in the local government units (LGUs). Some of the proposed measures include a one-stop shop in processing business permits, amendments in the economic provisions of the Constitution, […]
HONG KONG, China (AFP) – Asian stocks edged up Thursday on strong US growth forecasts, as traders braced for a series of key economic announcements. The muted start to trading comes ahead of the US House Republicans’ tax announcement and confirmation of President Donald Trump’s pick for the new Federal Reserve chair, as well as an important Bank of England meeting. Investors in Tokyo and Hong Kong built moderately on overnight gains in most world […]
by Jung Ha-Won Agence France-Presse SEOUL, South Korea (AFP) — South Korean tech giant Samsung Electronics logged a record profit of 11.2 trillion won — $10.0 billion — in the July to September period, it said Tuesday, its best for any quarter. The world’s biggest memory chip and smartphone maker has had its de facto leader jailed for bribery and faced a recall of its flagship Galaxy Note 7 device. But its net profits soared […]
(Eagle News) — Posible na namang magpatupad ang oil price hike ngayong linggo ang mga kumpaniya ng langis. Ayon sa energy sources, maaaring maglaro sa 25 (P0.25) hanggang 35 centavos (P0.30) kada litro ang pagtaas sa presyo ng diesel, habang 20 (P0.20) hanggang 30 centavos (P0.30) kada litro sa gasolina. Ang kerosene naman ay aabot sa P0.40 hanggang P0.50 kada litro ang taas-presyo. Ang taas-presyo ng petroleum product ay bunsod ng paggalaw ng presyo sa […]
TOKYO, Japan (AFP) — Tokyo stocks ended flat Friday morning following the benchmark index posted its longest string of gains in nearly 30 years, while Nissan dropped after it suspended production citing an inspection scandal. The Nikkei 225 inched up 3.26 points to 21,451.78 by the break, while the broader Topix index was just 0.35 points higher at 1,730.39. “There is no surprise to see profit-taking,” said Hikaru Sato, senior technical analyst at Daiwa Securities. […]
MANILA, Philippines (AFP) — The Philippines’ second biggest bank said on Thursday it will spend $288 million buying out the minority stake that Australia’s ANZ has in a credit card joint venture. Metrobank will take over ANZ’s 40 percent share in Metrobank Card Corp. as part of a deal to turn the tie-up into a wholly-owned subsidiary. Metrobank, short for the Metropolitan Bank and Trust Co., formed the 60-40 joint venture with ANZ in 2003. […]
