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.
U.S. stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate hikes and the Israel-Hamas conflict spreading.
Wall Street stocks tumbled and crude prices surged on Wednesday as escalating Middle East turmoil prompted a broad sell-off and stoked oil supply concerns.
The government on Thursday inaugurated the new EDSA Kamuning Busway Station and footbridge, replacing the steep and widely criticized “Mt. Kamuning” pedestrian bridge that commuters had long struggled to use.
The Department of Agriculture (DA) has ordered a nationwide ground survey of farmer-beneficiaries to verify complaints about allegedly substandard seeds, questionable fertilizer quality, and unreliable farm machinery distributed through government programs.
The Department of Trade and Industry (DTI) is providing a boost to returning migrant workers with the launch of its P2-billion OFW Negosyo Fund, a program aimed at turning remittances into thriving local enterprises.
Price pressures have been gradually building in recent months, even as February inflation remained within the central bank’s target and broadly in line with market expectations, according to economist Jonas Ravelas.