Economy & Trade
WTO reduces global trade forecast as recession looms
Geneva, Switzerland—The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia’s war in Ukraine...
UN concerned on ‘dramatic collapse’ of Afghan economy
United Nations, United States—Afghanistan’s formal economy has suffered a “catastrophic collapse” since the Taliban came to power, wiping out in...
Toyota bullish on sales of pre-owned vehicles
Toyota Motor Philippines is expanding its used vehicle program called “T-Sure, Toyota Quality Pre-owned Cars”. “We are closely collaborating with...
September inflation hit four-year high of 6.9%
Inflation rate hit a four-year high of 6.9 percent on the back of higher food prices, the Philippine Statistics Authority...
Australia increases rates below forecast, boosting stocks
Sydney, Australia―Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow...
Business group bullish on six-year export plan
Filipino exporters look forward to the new and improved Philippine Export Development Plan 2023 to 2028 which is now in...
Britain’s new gov’t makes dramatic U-turn on tax cut after uproar
Birmingham, United Kingdom—Britain’s beleaguered finance minister on Monday announced a dramatic U-turn on a tax cut announced as part of...
IPOPHL worried on country’s drop in innovation rank
The Intellectual Property Office of the Philippines expressed dismay over results of the Global Innovation Index 2022 which saw the...
Former DTI chief joins Packworks to support MSME development
Packworks, a local startup that provides a business-to-business open platform to sari-sari stores, announced the addition of former Trade Secretary...
September inflation likely hit 7.4%—Bangko Sentral
The Bangko Sentral ng Pilipinas said Friday inflation in September likely rose to as high as 7.4 percent from 6.3...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.