economy

NEDA: PHL economy to rebound, gain P9.4B a week with Alert Level 1 de-escalation of NCR, 38 other areas

NEDA chief says P38 trillion lost during the pandemic   (Eagle News) – The Philippine government is confident that the…

France says, sanctions will cause ‘collapse’ of Russian economy

PARIS, France (AFP) -- France said on Tuesday that Western sanctions against Moscow over its invasion of Ukraine will cause…

Explainer: New US sanctions hit Russian banks, elites; spare energy

Washington said the penalties will be severe, and will have lasting impact on Russia's economy, even though the tried to…

IMF chief warns of ‘significant economic risk’ from Ukraine conflict

IMF Managing Director Kristalina Georgieva on Thursday warned the conflict in Ukraine will have repercussions for the global economic recovery.…

World stocks plunge, oil tops $105 as Russia invades Ukraine

Oil surged past $105 per barrel and equities tumbled Thursday after key crude producer Russia sent forces into Ukraine, accelerating…

Thailand’s economy rebounds in fourth quarter

BANGKOK, Thailand (AFP) -- Thailand's economy rebounded in the fourth quarter of last year on the back of rising exports…

UK unemployment rate steady despite Omicron

LONDON, United Kingdom (AFP) -- The UK's unemployment rate remained steady at the end of last year despite the emergence…

PSA: 3.27M unemployed in the PHL last December; add’l 113,000 people lose work

PHL unemployment rate at 6.6 percent in December from 6.5 percent in November 2021 (Eagle News) – The number of…

Saudi coffee legacy percolates through the generations

by Haitham El-Tabei Agence France-Presse JIZAN, Saudi Arabia (AFP) - For Farah al-Malki, growing coffee plants in Saudi Arabia's southwestern…

US Congress to vote on averting government shutdown

  WASHINGTON, United States (AFP) -- Democrats introduced a short-term bill on Monday to fund the US government ahead of…

Start ups bringing Pakistan’s farming into digital age

by Yann SCHREIBER Agence France-Presse CHAK TWENTY-SIX SP, Pakistan (AFP) - Agriculture entrepreneurs are bringing the digital age to Pakistan's…

Malaysian floods caused $1.4 bn in losses: government

  KUALA LUMPUR, Malaysia (AFP) -- Devastating floods that hit Malaysia in recent weeks caused about $1.4 billion in losses,…

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