Indonesia banks on dams to tackle water crisis – but at what cost?
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A dam in Indonesia | STOCK PHOTO | Image by Deni Hermawan from Pixabay PURWOREJO, Indonesia – Keen to store more irrigation water to shore up…
SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO, sources say
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NEW YORK – Arm Ltd., the British chip designer owned by Japan’s SoftBank Group Corp., is likely to aim to raise at least $8 billion from what is expected to be…
Chinese companies hang onto dollars, hedge to prepare for volatile yuan
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A VIEW of the city skyline in Shanghai, China, Feb. 24, 2022. — REUTERS SHANGHAI – Some Chinese companies are holding on to dollar revenues from exports,…
The Spark Project celebrates decade of igniting social entrepreneurship, creativity
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The Spark Project team with the 2023 Spark Impact Awardees. Standing (L-R): Stephen Co, founder and CEO, Nipa Brew; Rio Cuervo, creator…
Feb. inflation likely hit 8.9% — poll
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A woman buys groceries at a supermarket in Quezon City, March 4, 2022. — PHILIPPINE STAR/ MICHAEL VARCAS By Keisha B. Ta-asan,…
DBM hopeful Congress will approve rightsizing plan within the year
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Budget Secretary Amenah F. Pangandaman attends an economic briefing in Pasay City, July 26, 2022. — REUTERS THE BUDGET department is confident…
Subsidies extended to GOCCs up 8.5% in 2022
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BW FILE PHOTO SUBSIDIES extended to government-owned and -controlled corporations (GOCCs) reached P200.41 billion in 2022, with the Philippine Health Insurance Corp….
Food imports may help tame prices in short term — analysts
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Authorities seized smuggled onions and garlic in a cold storage facility in Malabon, Feb. 18, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMAN By…
SEC issues warning against two entities soliciting investments
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TOWFIQU BARBHUIYA-UNSPLASH THE Securities and Exchange Commission (SEC) advised the public not to put their funds in two investment-taking entities that have…
PAL inks deal with Emirates to boost connectivity
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FACEBOOK.COM/PHILIPPINEAIRLINES FLAG carrier Philippine Airlines (PAL) signed an interline agreement with Emirates to boost connectivity for both airlines through sharing of networks….