Vietnam says rice exports set to skyrocket, renewable energy in high demand
Vietnamese rice being loaded for export. High demand for food set the stage for Việt Nam to take the lead in global rice this year. Viet Nam News/Asia News Network…
Indonesia defends digital tax policy despite US scrutiny
Finance Minister Sri Mulyani Indrawati said Tuesday the government was only requiring internet companies to pay VAT on sales of digital products and services starting July 1, adding that the…
Updated Asean-Japan trade deal, covering services, to enter into force in August
TOKYO — Japan has ratified updates to its comprehensive economic partnership deal with the 10-nation Asean bloc, with the changes to enter into force on Aug 1, Japan’s Ministry of…
Filinvest invests in digital infrastructure, green technologies
FDC and FLI president Josephine Gotianun-Yap. INQUIRER file photo Gotianun-led Filinvest group seeks to accelerate investments in digital infrastructure and green technologies to future-proof various core businesses, especially during this…
Stocks rally on Wall Street, worldwide with hope for economy
A man wearing a mask walks by the New York Stock Exchange, Tuesday, June 16, 2020. Stocks are rising sharply in early trading on Wall Street after retail sales in…
Fear and impatience as Santorini awaits return of mass tourism
Greek Prime Minister Kyriakos Mitsotakis (first from L) is guided through the archeological site of the island of Santorini on June 13, 2020. Image: AFP/Aris Messinis With the first post-lockdown…
US retail sales likely recovered partly from record plunge
BALTIMORE — U.S. retail sales likely recovered somewhat in May as the economy increasingly reopened from shutdowns caused by the coronavirus and more shoppers felt confident enough to spend. The…
Changi Airport T5 construction to be ‘paused’ for at least 2 years due to COVID-19 pandemic
Terminal 5 was scheduled to be completed around 2030.PHOTO: ST FILE SINGAPORE — The mega Changi Airport Terminal 5 project will be paused for at least two years amid uncertainty…
UK unemployment rising ‘faster than Great Depression’
Shoppers queue outside Zara in Belfast, northern Ireland, Monday, June 15, 2020. After three months of being closed under coronavirus restrictions, shops selling fashion, toys, and other non-essential goods are…
Temporary 10 percent added duty on oil imports generates P1.49B
The additional 10-percent import duty temporarily slapped on some oil products amid the COVID-19 crisis so far raised P1.49 billion in additional revenues for the government. Data provided by Finance…