The automotive industry is now asking the Department of Trade and Industry (DTI) for support as the pandemic might lead...
slump
LONDON — The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record...
A worker wearing a face mask to protect against the new coronavirus guides the loading of a shipping container at...
The Washington-based Institute of International Finance (IIF) expects the Philippines’ gross domestic product (GDP) to shrink year-on-year for all four...
Tourists purchase luxury goods at a duty-free store in Haikou, capital of South China’s Hainan province, on May 2. Photo...
Leading local casual dining chain Max’s Group Inc. (MGI) turned unprofitable in the first quarter due to disruptions caused by...
Yonhap via The Korea Herald/Asia News Network SEOUL — South Korean duty-free shops are struggling to cope with an industry-wide...
Global and domestic supply chain disruptions caused by the COVID-19 pandemic, which limited movement not only of people but also...
Imports slid by more than a tenth in February as shipments from China—the Philippines’ top source of foreign-made goods—contracted at...
