High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer.
India has cut the floor price for basmati rice exports to $950 per metric ton from $1,200, a government source told Reuters on Thursday, after farmers and exporters complained it was damaging the trade by stalling shipments.
Japan's Subaru is working with suppliers to decrease risks related to procuring materials used in electric-vehicle batteries, its chief executive said on Wednesday, as automakers grapple with China's move to curb exports of graphite.
The U.S. health regulator on Friday approved the expanded use of BioMarin Pharmaceutical's once-daily injection to treat children under the age of 5 with the most common form of short-limbed dwarfism.
SM Prime Holdings Inc. targets to operate 115 malls by 2030, translating to an average rollout of four to five new malls annually, as it ramps up expansion beyond Luzon and Metro Manila into the Visayas and Mindanao.
The Philippine Stock Exchange Inc. (PSE) and Bloomberg have announced a new partnership aimed at enhancing global investor understanding of the Philippine capital markets. The collaboration will focus on outreach activities both domestically and internationally, including virtual roadshows and roundtable discussions designed to engage international investors.
Metro Pacific Investments Corp. (MPIC), the country's top infrastructure investment firm, has named Gilbert Gabriel F. Santa Maria as the new president and chief executive officer of Metro Pacific Tollways Corp, (MPTC), effective 1 September 2025.
Department of Public Works and Highways (DPWH) Secretary Vince Dizon has dismissed a district engineer over a P96.5-million anomalous flood control project in Bulacan, following President Ferdinand Marcos Jr.’s directive to clean up the agency.