Sunday, 08 June 2025, 6:23 pm

    Reuters

    136 POSTS

    Philippines c.bank: rate hike transmission significant

    The pass-through effect of the Philippine central bank's series of rate hikes since 2022 has been "quite significant", a senior Bangko Sentral ng Pilipinas official said on Friday.

    Waning supplies prop up India rates to 4-month peak, Thai prices rise

    Reuters - Prices of parboiled rice exported from top hub India jumped to their highest level in four months this week, while strong demand and shrinking supplies supported rates for the Thai variety.

    Citi to cut 20 Asia Pacific equity research jobs – source

    Citigroup is planning to lay off around 20 equity researchers in Asia Pacific as part of its global overhaul, a person with direct knowledge of the matter said. 

    Domestic coffee prices in Vietnam rise further on supplies concern

    Vietnamese coffee prices extended gains this week as farmers refused to sell beans in hopes of better prices amid shipping disruptions, while Indonesian premiums fell, traders said on Thursday.

    Google releases AI multisearch feature in US

    Google on Wednesday rolled out an AI-powered feature in the United States that will allow users to search with an image and text simultaneously using their mobile phones.

    Just in

    More affordable rice on the horizon, says DA

    The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.

    Smuggled vehicles declared as car parts seized

    The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.

    False resort claims land Calata executives ₱4M fine each

    The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).

    Gov’t steps up support amid PUV amortization woes

    The Department of Transportation (DOTr) is ramping up assistance for transport cooperatives that have modernized their public utility vehicle (PUV) fleets, emphasizing continued support for those struggling with bank amortization. This develops following President Ferdinand Marcos Jr.'s directive to ensure that financial issues do not derail the PUV modernization program.
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