Thin supply propels rates in India to fresh record high
Prices of parboiled rice exported from top hub India extended their rally this week, rising for a fourth consecutive week to a record high as supplies remained limited.
Most Asian FX post weekly losses on U.S. rate cut outlook, China gloom
Most Asian currencies declined for the week as concerns over China's shaky economic recovery and a gloomier outlook for U.S. rate cuts soured sentiment.
El Nino waning, La Nina to develop in second half of 2024
The La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean could emerge in the second half of 2024, following a strong El Ninoyear, a U.S. government weather forecaster said on Thursday.
China wins multibillion peso Davao transport upgrade program
The Department of Transportation has awarded a multi-billion peso contract to China companies to build a state-of-the-art bus system in Davao City, marking a major step towards modernizing public transportation in Mindanao.
DICT secures two-year cybersecurity enhancement pact with JICA
The Department of Information and Communications Technology (DICT) has signed a two-year agreement with the Japan International Cooperation Agency (JICA) to improve cyber security in the Philippines.
