Business

[ad_1] Consumer spending likely increased in the fourth quarter, as Filipinos spent more during the holiday season. – PHILIPPINE STAR / MICHAEL VARCAS By Beatrice M. Laforga, Reporter The Philippines’ gross domestic product (GDP) probably contracted more slowly in the fourth quarter due to a rebound in economic activity as …

[ad_1] (CNN) – Brexit might be done and dusted, but its specter looms over Britain for a long time yet. Despite all the fanfare when Prime Minister Boris Johnson struck a trade deal with Brussels on Christmas Eve, the inescapable reality of leaving the customs and regulatory territory of the …

[ad_1] File photo shows US President Donald Trump walking into the Oval Office after returning from Mar-A-Lago to the White House in Washington, the United States, on Dec. 31, 2020. REUTERS / Leah Millis WASHINGTON – Former President Donald Trump’s impeachment will begin during the week of Feb. 8, Senate …

[ad_1] Good Morning. Joe Biden used the first full day of his presidency to strengthen the government’s response to the coronavirus pandemic, revealing a “wartime” strategy to combat the virus. Speaking from the White House with Vice President Kamala Harris and America’s leading infectious disease expert Dr. Anthony Fauci, Biden …

[ad_1] CLEVELAND – Kevin Porter Jr. is no longer a problem for the Cavaliers. Cleveland agreed to trade the troubled forward to the Houston Rockets for a future draft pick, a person familiar with the deal told the Associated Press on Thursday night (Friday Manila time). The Cavs will send …

[ad_1] Real estate developer Filinvest Land Inc (FLI) is expanding the real estate investment trust (Reit) universe in the Philippines as it transitions its subsidiary Cyberzone Properties Inc (CPI) into a Reit company. Following approval by its board of directors, FLI says that CPI is intended to be listed on …

[ad_1] NEW DELHI – India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesperson told Reuters, a move that could force players, including Amazon.com, Inc., to restructure their ties. with some of the top sellers. The government discussions coincide with a growing number of …

[ad_1] PHILSTAR The PHILIPPINES needs to upgrade its technical and vocational education to offset the expected loss of 24% of jobs in the business process outsourcing (BPO) and electronics manufacturing industries by 2030, due to increased automation, said the Asian Development Bank. (ADB). In a study evaluating the information technology …

[ad_1] The Philippines should consider developing industrial transformation maps in key sectors toenable you to transition to the Fourth Industrial Revolution (4IR) with sufficient investment in skills development, according to a new study from the Asian Development Bank (ADB). In a statement on Wednesday, the Manila-based multilateral lender said that …

[ad_1] PHILIPPINE STAR / MICHAEL VARCAS By Luz Wendy T. Noble, Reporter EMERGING MARKETS such as the Philippines will continue to face credit risks this year, as the central bank is likely to lift regulatory relief measures and the loan repayment moratorium expires. S&P Global Ratings said. At the same …