BOP reverts to surplus in 2023
The country’s balance of payments (BOP) position, essentially what is left of the country's foreign currency earnings after its expenses have been deducted, stood as a surplus of USD1.9 billion in Q4 2023, more than three times the USD568 million surplus recorded in Q4 2022.
South Korea scientists tout ‘beef rice’ as source of protein for the future
South Korean researchers have grown beef cells in rice grains in what they say is a major step towards achieving a sustainable, affordable and environmentally friendly source of protein that could replace farmed cattle for meat.
Gold set for first weekly dip in four amid US inflation heat
Gold eked out gains on Friday but was set for its first weekly drop in four weeks, as surprisingly hot U.S. inflation readings prompted traders to re-think on how swiftly and deeply the Federal Reserve could cut interest rates.
SM Investments boosting logistics segment to help drive domestic trade
SM Investments Corp. is beefing up investments in logistics to help spur more economic activity outside Metro Manila, where the parent company of the SM Group sees strong potential to drive future growth of its diverse businesses.
Globe widens 5G footprint with 894 new sites
Globe Telecom expanded its 5G footprint in 2023 by adding 894 new sites across the Philippines, a development seen as a major step towards enhancing its digital connectivity and empowering Filipinos worldwide.
