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Figaro Group unit gains access to $46B coffee export market

Figaro Coffee Group Inc. said Monday that one of its indirect units has been accredited by the Department of Trade and Industry as a coffee exporter, a certification it needed to gain access to global export market for coffee whose size in 2022 was estimated at $46 billion. 

Australia seeks even deeper ties with ASEAN neighbors

Australia, a $1.6 trillion economy which has since strengthened relations with neighbors across Asia, looks to substantially boost its economic engagement in countries under the ASEAN in the years forward.
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Germany beats Serbia, wins FIBA World Cup 2023

Germany outlasted Serbia on Sunday to win its first-ever FIBA World Cup championship, a fitting finish for Deutschland that emerged as the only unbeaten team in the tournament.

Bomb topples NGCP tower in Lanao del Norte

The National Grid Corporation of the Philippines (NGCP) reported that its 138-kilovolt Baloi-Aurora Tower No. 14 in barangay Paiton, Kauswagan, Lanao del Norte was...

Early harvests in Nueva Ecija help push palay prices lower – DA

Early harvests by farmers in Nueva Ecija has helped bring down the price of palay at farm gates, the Department of Agriculture (DA) said.

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Aboitiz-Delgado becomes first woman president of Bankers Association of the Philippines

Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.

Philippines weighs looser fuel rules

Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.

Oil surge rattles peso, tests policy

The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

Maharlika Fund eyes Iligan steel revival

The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.
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