SHANGHAI – Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles’ Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as the economy rebounds from the COVID-19 crisis. This year’s online shopping extravaganza also comes a week after
MANILA – Philippine authorities have ordered thousands of residents in eastern coastal communities to evacuate ahead of the landfall of Typhoon Vamco on Wednesday, only weeks after the country was battered by the strongest cyclone so far this year. Vamco, which carries sustained winds of 125
Sustainable Waste Management Initiative The coconut tree has long been considered as the “Tree of Life” and for good reasons. All the parts of the tree can sustain a human life—the coconut fruit as food, the coconut juice is better than water as it very nutritious,
This might sound a little out of context to you, but the truth is that understanding your economy is essential. Why so? You need to know about the country you live in to make better decisions when you grow up and enter the practical world. A
Since time immemorial, people have been taking hair supplements for one reason or another. Research has provided indisputable evidence propagating the efficacy of these vitamins. A few decades ago, you had to buy over the counter drugs from local chemists. But in the current day and
Contracts for Difference or CFDs belong to the by-product asset class. CFDs allow traders to conjecture on monetary markets like indices and Forex without owing the primary asset. The contract reimburses the difference in the settling price between the opening and the close period. A CFD marketing
MOTORCYCLE taxis have been allowed to start providing service again after the government’s task force against the coronavirus issued guidelines on health and safety requirements. Under the guidelines, dated Nov. 4 but released only on the 10th, two-wheeled taxis as well as back-riding in tricycles
The Philippine economy remained in a recession in the third quarter, as gross domestic product contracted by 11.5%. — PHILIPPINE STAR/MICHAEL VARCAS THE Philippine economy continued to shrink for a third straight quarter, although at a slower pace compared with the second quarter, as lockdown restrictions
The government will revisit its macroeconomic projections, as the pandemic and recent typhoons pummel the economy. — PHILIPPINE STAR/EDD GUMBAN THE Development Budget Coordination Committee (DBCC) may revise macroeconomic projections once again, after latest data showed the economy is recovering slower than expected. “The DBCC will be
THE Philippine economy continued to shrink for a third straight quarter, although at a slower pace compared with the second quarter, as lockdown restrictions were further loosened amid the coronavirus disease 2019 (COVID-19) pandemic. Read the full story.
THE NONPERFORMING LOAN (NPL) ratio of Philippine banks rose for the eighth straight month in September, surging to its highest level in over seven years amid the economic slowdown. Data from the Bangko Sentral ng Pilipinas (BSP) showed the gross NPL ratio stood at 3.4% as
The Philippines received a failing mark in the “control of corruption” indicator in a scorecard by the Millennium Challenge Corp. — PHILIPPINE STAR/MICHAEL VARCAS A UNITED STATES government foreign aid agency has given the Philippines a failing mark in “control of corruption” on its latest scorecard