Advocates push for stronger biodiesel blend
There has never been a more perfect time than now for government to adopt a stronger coconut biodiesel blend when its price is affordable even as diesel prices rise, the United Coconut Association of the Philippines (UCAP) said on Wednesday.
DA eyes sugar production partnerships with Brazil
The Department of Agriculture (DA) on Wednesday said delegates from the Brazilian Cooperation Agency look to partner with domestic counterparts in projects boosting the countries' sugarcane and ethanol industries.
Stiffer penalties await serial corporate offenders beginning October
The Securities and Exchange Commission (SEC), which has drawn up a punitive schedule of fines 90 percent more harsh than existing rules, has released an amnesty program extending the compliance period up to end-September this year.
US jobs data boost case for Fed pause; China market-friendly moves may lift markets
The latest U.S. job openings data dipped to levels not seen since early 2021, bolstering the case for a Fed pause on rates, and that along with a lingering lift from China's latest market-friendly moves had investors holding onto their risk-on hats as Europe wakes up.
ASEAN 5 welcomes Viet Nam central bank to RPC initiative
State Bank of Vietnam (SBV), the central bank of Viet Nam, has officially joined the Regional Payment Connectivity (RPC) initiative. This development is an expansion of the Memorandum of Understanding on Cooperation in Regional Payment Connectivity (MOU RPC) initiated by the central banks of Indonesia, Malaysia, Philippines, Singapore, and Thailand at the sidelines of the G20 Leaders’ Summit on 14 November 2022 in Bali.
