Business
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S&P cuts PHL outlook to ‘stabilize’ on Middle East risks
By Katherine K. Chan, A reporter S&P GLOBAL RATINGS updated The Philippines’ credit outlook is moving from “stable” to “good,”…
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Oil price rises to $100 as Middle East unravels
The brief sigh of global markets did not last the day. Brent crude rose sharply back to $100 a barrel…
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The World Bank projects PHL inflation to rise 0.62 ppt to a crude move of $20
EVERY $20 increase in the price of raw materials, lasting six months, is expected to increase inflation in the Philippines…
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Harrods Estates is closing after 130 years as non-dom tax and stamp duty changes affect London’s luxury property market.
An iconic Knightsbridge department store has closed its last remaining office after a perfect storm of stamp duty hikes, the…
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Filipinos are divided against political monarchy, says WR Numero
Filipinos are divided over the proposed measures to curb political sovereignty currently moving through Congress, according to a recent WR…
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John Lewis Jason Tarry salary hits £1.2m as partnership covers 3,300 roles
There is no easy way to announce a big pay rise at the top while the number of people is…
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UK Stagflation fears grow as private sector PMI falls to six-month low
The uneasy echoes of 2022 are growing louder. Britain’s private sector expanded at its weakest pace in six months in…
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BSP: Inflation risks loom large
By Katherine K. Chan, A reporter THE BANGKO SENTRAL in Pilipinas (BSP) said the risk of inflation “has increased significantly”…
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Unemployment rate drops to 2 months in Feb.
By Pierce Oel A. Montalvo, Researcher THE unemployment rate fell to 5.1% in two months in February, reflecting the first…
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$110B e-commerce target in due course, DTI says, but industry cautious
PHILIPPINE e-commerce remains on track to hit $110 billion by 2030 even with trade recently disrupted by the Middle East…
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