Business

[ad_1] REUTERS The overall year-on-year rise in the prices of general use goods rebounded for the fifth consecutive month in February to its fastest pace in 25 months, the government reported this morning. Preliminary data from the Philippine Statistics Authority (PSA) showed headline inflation was 4.7% last month, increasing from …

[ad_1] A BusinessWorld survey of 16 analysts returned a median estimate of 4.8% for February inflation, near the upper end of the central bank’s estimate of 4.3% to 5.1%. – PHILIPPINE STAR / MICHAEL VARCAS HEADLINE INFLATION will likely decline within the target range in the second half, Bangko Sentral …

[ad_1] CAPTAIN AMERICA, also known as American Hollywood actor Chris Evans, is Smart’s sponsor for its “Live Smarter for a Better World” campaign. Through the campaign, Smart aims to “inspire people to commit to sustainable actions with a positive and lasting impact on society” and “encourage everyone to ignite their …

[ad_1] Executives who run the world’s largest sovereign wealth fund have put a company in which it invests under scrutiny because of its ties to the military in Myanmar. The Ethics Council, which assesses whether the companies in which the Government Pension Fund Global invests are consistent with the fund’s …

[ad_1] Bloomberg A $ 21 Trillion Treasury Mystery Is Haunting Global Markets (Bloomberg) – Bond traders have been saying for years that there is liquidity in the world’s largest bond market, except when you really need it. Last week’s surprising twists in U.S. Treasury yields. The US can offer a …

[ad_1] ZURICH – Swiss chocolate makers were perhaps hoping for a sweet spot as people turned to comfort food during the pandemic, but instead face devastating 2020 figures showing consumption in Switzerland is melting to a low of 40 years. Chocosuisse, the national federation of Swiss chocolatiers, this week painted …

[ad_1] Merck will make Johnson & Johnson’s Covid-19 vaccine under a rare deal brokered by the White House to boost production of the single-shot jab, which has been hit by manufacturing delays. Jen Psaki, the White House press secretary, said Tuesday that Big Pharma’s rivals would work together to increase …

[ad_1] MULTIMEDIA Eloisa López, Reuters Published in Tue 02 2021 09:18 PM Philippine Army Commanding General Jose Faustino Jr. is vaccinated with Coronavac from Sinovac Biotech, at the Philippine Army National Headquarters at Fort Bonifacio, Taguig City, on Tuesday. The Philippines began its vaccination program on Monday after nearly a …

[ad_1] The Philippines Manufacturing Purchasing Managers Index (PMI) was unchanged at 52.5 in February. – REUTERS MANUFACTURING ACTIVITY in the Philippines remained in expansionary mode for the second consecutive month in February, as demand rebounded with more businesses reopening, a survey by IHS Markit showed. The Philippines Manufacturing Purchasing Managers …

[ad_1] MANILA – The Internal Revenue Office exceeded its collection of its special tobacco tax for the month of February after Japan Tobacco raised the payment by more than 100 percent, the finance department said on Monday. Tobacco excise tax collection for February exceeded the target by 4.28 percent, reaching …