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SK’s Hanwha Ocean eyes submarine exports to Canada, Philippines, Poland – official

SEONGNAM, South Korea - South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines and Poland, a company official said...

China’s Q3 economic growth beats market forecast, headwinds persist

China's economy grew at a faster-than-expected clip in the third quarter, data showed on Wednesday, while domestic consumption also picked up pace last month, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.

Copper slips as upbeat dollar, high inventories weigh

Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while elevated inventories also kept prices of the metal under pressure.

As global debt worries mount, is another crisis brewing?

Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.

Bayer to introduce direct-seeded rice system in the Philippines

MANILA, (Reuters) - Bayer AG said on Monday it plans to bring its direct-seeded rice program to the Philippines in 2024, offering farmers an alternative cultivation...

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PH, US seek broader economic ties under new envoy

President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.

Meralco targets new income record; eyes gas-fired plants in VisMin

The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

Cement industry charts lower-carbon future, sustainable growth

The Philippine cement industry has unveiled a long-term roadmap to sharply reduce carbon emissions by 2050, seeking to reconcile the country's growing demand for cement with mounting pressure to decarbonize one of its most emissions-intensive industries.

Water execs meet LGUs preparatory to El Nino risks

The National Water Resources Board (NWRB) has brought together Metro Manila local government units and key national agencies to prepare coordinated measures against the expected impact of El Niño on water resources.
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