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MANILA, Philippines – The Department of Agriculture (DA) has lifted the import ban on poultry products from various countries recently declared free from bird flu. In separate issuances, the DA said the risk of contamination from importing poultry from Azerbaijan, Kazakhstan, Saudi Arabia, Slovenia, Sweden and Kelantan and Malaysia’s Sabah states was “negligible.” The DA lifted
NEW YORK — Wall Street’s record-breaking rally ran out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time. The S&P 500 dipped 0.4 percent from its latest all-time high and broke a seven-day winning streak. The Dow Jones Industrial Average fell 91 points, or 0.2 percent, and
MANILA, Philippines — Del Monte Pacific Ltd. (DMPL) is planning to raise up to $600 million from the issuance of new shares in its Philippine business to address a shortage of capital related to its loss-making American unit. In a regulatory filing on Tuesday, the Campos-led company said it was considering an equity raise through private
MANILA, Philippines — The Philippines’ gross international reserves rose to $108.8 billion in September, the highest in 11 months, as higher gold prices boosted the value of the central bank’s holdings. The figure climbed from $107.1 billion in August, reflecting gains from global gold prices, investment income, and foreign currency deposits by the national government,
Gold prices have hit a record high in India, with futures hitting 1, 20, 900 per 10g on the Multi Commodity Exchange (MCX) today.
Business confidence drops in key survey for RBNZ ahead of rate call
Full list of 148 Claire’s shops set to close across UK
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may factor in the government’s widening corruption probe into flood control projects when it meets to set policy this week, as the scandal risks slowing public spending and weighing on economic growth, according to Nomura. In a note to clients, the Japanese investment bank said the
The Union Health Ministry has announced a major overhaul of the Central Government Health Services (CGHS) scheme for the first time since 2014.
MANILA, Philippines — The Philippine Stock Exchange (PSE) has approved the P45.8-billion initial public offering (IPO) of water concessionaire Maynilad Water Services Inc. In an advisory on Monday, the operator of the local bourse said Maynilad would offer up to 1.66 billion firm shares to the public and up to 24.9 million reserved shares to First
