Wholesale price growth of general goods hit a 19-month high in July, the Philippine Statistics Authority (PSA) said Friday. Preliminary PSA data indicate that the general wholesale price index (GWPI) rose 2.9% year-on-year in July, accelerating from the 2.2% posted in June and the 2.7% from a year earlier. The July figure was the highest since the 3.1% growth recorded ...

San Miguel Corp. (SMC) and the government broke ground on the 19.37-kilometer Pasig River Expressway (PAREX) project on Friday. "PAREX will be built to accommodate more than just motor vehicles. Once complete, it will feature a bus rapid transit system that will benefit commuters all over Metro Manila," SMC said in a statement. The supplemental toll operations agreement for the ...

COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. LOCAL shares ended higher on Friday as the country's central bank kept interest rates at a record low and as US markets performed strongly, analysts said. The bellwether Philippine Stock Exchange index (PSEi) rose 36.25 points or 0.52% to close at 6,951.53 while the broader all shares index increased 21.14 points or 0.49% to ...

FREEPIK Twitter is rolling out a Tips feature that lets users send and receive one-time payments using third-party services, it announced on Sept. 23. The social media platform is also adding recording and replay functions to Spaces (live audio conversations on Twitter); Super Follows, which allows creators with large followings to earn an income; and a safety mode for auto-blocking ...

A MAN walks along a nearly empty street in Seoul, South Korea, July 12. -- REUTERS SEOUL -- South Korea has set a record for daily coronavirus disease 2019 (COVID-19) cases at 2,434, breaking the previous record set last month, as the country grapples with a wave of infections that began in early July, the Korea Disease Control and Prevention ...

REUTERS SEOUL -- South Korea's call for a formal end to the Korean War is premature but the door for dialogue is open if it scraps its double standards and hostile policy, a senior North Korean official said in comments published by state media on Friday. The 1950-53 Korean War ended with an armistice not a peace treaty, leaving US-led ...

TikTok, the leading destination for short-form mobile video, collaborated with the Department of Tourism (DOT) in an effort to elevate local livestream content through the #GandaMoPinas campaign. The campaign spotlights creators from around the country who will promote their region through TikTok Live and explain how each place showcases the beauty of the Philippines. During their live sessions, each creator ...

TAIPEI -- China is an "arch criminal" intent on bullying Taiwan and has no right to oppose or comment on its bid to join a pan-Pacific trade pact, Taiwan's government said in an escalating war of words over Taipei and Beijing's decision to apply. Chinese-claimed Taiwan said on Wednesday it had formally applied to join the Comprehensive and Progressive Agreement ...

Official White House Photo by Adam Schultz WASHINGTON -- A first in-person meeting of the leaders of the Quad group of countries -- the United States, Japan, Australia, and India -- on Friday will yield progress in several areas including infrastructure, health, and cyber, a senior US administration official told Reuters. The Quad leaders -- US President Joseph R. Biden, ...

PIXABAY UNITED NATIONS -- Faced with what they see as an existential threat, leaders from low-lying and island nations implored rich countries at the United Nations General Assembly this week to act more forcefully against a warming planet. The failure by developed economies to effectively curb their greenhouse gas emissions contributes to rising sea levels and especially imperils island and ...

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