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EconomyForex

Boeing doesn’t expect MAX 10 to gain FAA approval before summer 2023 -letter

By
October 4, 2022
2 Mins read
REUTERS WASHINGTON – Boeing Co. does not anticipate winning approval for the 737 MAX 10 before next summer, according to a Federal Aviation Administration (FAA) letter sent on Monday that intensifies concerns about the company’s…
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EconomyForex

Global recession can be avoided with right fiscal policies – IMF’s Georgieva

By
October 4, 2022
2 Mins read
REUTERS/JOHANNES P. CHRISTO/FILE PHOTO RIYADH – Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but…
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EconomyForex

Factory activity improves in Sept.

By
October 3, 2022
3 Mins read
Philippine factory output expanded for eight straight months in September. — REUTERS By Diego Gabriel C. Robles THE PHILIPPINES’ manufacturing sector expanded…
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EconomyForex

Peso falls to new record low of P59 vs US dollar

By
October 3, 2022
2 Mins read
BW FILE PHOTO THE PESO closed at fresh all-time low of P59 against the US dollar on Monday, amid lingering concerns over…
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EconomyForex

Economic growth unlikely to outpace increase in debt

By
October 3, 2022
4 Mins read
The Philippine economy expanded by 7.4% in the second quarter. — PHILIPPINE STAR/ EDD GUMBAN WHILE the accumulation of new borrowings by…
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EconomyForex

Gov’t breaks ground for Ortigas, Shaw subway stations

By
October 3, 2022
2 Mins read
President Ferdinand R. Marcos, Jr. (left) and Transportation Secretary Jaime J. Bautista led the groundbreaking ceremony for the Ortigas and Shaw Boulevard…
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EconomyForex

DoE clears Razon takeover as Malampaya operator

By
October 3, 2022
1 Mins read
THE Energy department has approved the sale of the 45% stake of Shell Philippines Exploration B.V. (SPEx) in the Malampaya deepwater project…
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EconomyForex

Global Ferronickel acquires 20% stake in Chinese firm

By
October 3, 2022
2 Mins read
GLOBAL Ferronickel Holdings, Inc. has acquired a 20% stake in Guangdong Century Tsingshan Nickel Industry Co., Ltd. (GCTN), it disclosed on Monday….
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EconomyForex

PLDT receives P57.7 billion from sale of 4,435 towers

By
October 3, 2022
1 Mins read
THE PLDT group on Monday said it recently received P57.7 billion from the sale of 4,435 telecom towers. “As of Oct. 3,…
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EconomyForex

Cemex Holdings unit suspends terminal operations in Davao

By
October 3, 2022
1 Mins read
CEMEX Holdings Philippines, Inc. said one of its subsidiaries has temporarily suspended terminal operations due to surging operational costs and the entry…
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