Australia gov’t to double foreign investment fees, penalties
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PEXELS SYDNEY — Australia will double the fees for foreign investors looking to buy assets in the country, Treasurer Jim Chalmers said…
Japan warns of rising security threats in annual defense report
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Japan’s annual defense white paper describes Moscow’s attack on Ukraine as a “serious violation of international law.” Image via REUTERS TOKYO —…
Biden says he is ‘doing well,’ working after testing positive for COVID
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PRESIDENT JOE BIDEN/FACEBOOK WASHINGTON — Joseph R. Biden, Jr., the oldest person ever to serve as president of the United States, has…
US carriers’ cost struggle overshadows travel demand surge
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AMERICAN AIRLINES CHICAGO — US carriers are struggling to offset higher costs even as booming travel demand has given them strong pricing…
ECB hikes rates, throws lifeline to indebted countries
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BW FILE PHOTO FRANKFURT — The European Central Bank (ECB) raised interest rates by more than expected on Thursday as concerns about…
Philippine DoJ asked to junk kidnapping complaint vs Okada
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Lawyers of Japanese billionaire Kazuo Okada have asked government prosecutors in the Philippines to dismiss the kidnapping complaint against him for lack…
Philippine growth forecast upgraded
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Buildings are seen along EDSA in Quezon City, July 3. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE ASIAN Development Bank (ADB) on…
Country’s debt-to-GDP ratio rose the most in 2 years, says think tank
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PHILSTAR FILE PHOTO THE PHILIPPINES and Thailand saw the biggest rise in government debt-to-gross domestic product (GDP) ratios in the world from…
Long-term plan for fertilizer industry needed
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PHILIPPINE STAR/ WALTER BOLLOZOS By Kyle Aristophere T. Atienza, Reporter PRESIDENT Ferdinand R. Marcos, Jr.’s plan to secure cheaper fertilizer from other…
Business groups list 24 priority bills for 19th Congress
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PHILSTAR LOCAL BUSINESS GROUPS and foreign chambers urged the 19th Congress to prioritize the passage of 24 measures, which include the liberalization…