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.
The Philippine government has staged a strong return to the global bond markets, successfully pricing a multi-tranche U.S. dollar offering worth USD2.75 billion—its largest dollar deal in more than three years.
The maritime partnership between the Philippines and Norway remains one of the strongest pillars of bilateral relations, gaining renewed importance as the global shipping industry accelerates its green and digital transformation.
The Philippine healthcare information management services (HIMS) sector is projected to sustain a robust 9 percent annual growth rate through 2028, defying mounting pressures from artificial intelligence, automation, and geopolitical uncertainty.
The Baguio City government has sealed a 40-year lease with Megawide Construction Corporation for the P1.186-billion Baguio City Integrated Terminal (BCIT), marking the mountain resort city’s first venture under the public-private partnership framework and a milestone for local infrastructure delivery.