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Hanoi sets sights on building corporate giants
thestar_my12h ago

Hanoi sets sights on building corporate giants

Ambitious targets set out in the Politburo's recent resolutions indicate that Vietnam is no longer aiming merely to develop an economy with a large number of enterprises, but is now aspiring to build corporations capable of competing at the regional level and gradually entering the global arena.

#ECONOMY
Political risk heightens
philstar12h ago

Political risk heightens

“The Philippines no longer feels like a government working for its people,” a Facebook meme declares. “It has evolved into a deeply organized syndicate protecting its own interests instead of serving the nation.”

#ECONOMY
‘Weak peso may hurt more than help Philippines economy’
philstar12h ago

‘Weak peso may hurt more than help Philippines economy’

The peso’s continued depreciation may not provide the economic boost typically associated with a weaker currency, as higher import costs and inflation could outweigh any gains for exporters, according to a new report by De La Salle University economists.

#ECONOMY
Philippines will perform better in Q2 – Marcos
philstar12h ago

Philippines will perform better in Q2 – Marcos

President Marcos is optimistic that the Philippine economy will perform better in the second quarter, but is wary about a possible stagflation – slow growth accompanied by rising inflation – as oil prices remain volatile because of the Middle East conflict.

#ECONOMY
New Zealand to cut public service jobs in savings push
thestar_my12h ago

New Zealand to cut public service jobs in savings push

New Zealand expects significant savings from an overhaul of its public service, which will eliminate about 8,700 jobs, merge some government departments and extend the use of artificial intelligence (AI).

#ECONOMY
City Hall Electric Vehicle fleet transition delayed
philstar12h ago

City Hall Electric Vehicle fleet transition delayed

Cebu City’s Electric Vehicle (EV) program is facing delays after suppliers failed to deliver units that were expected this month, with Mayor Nestor Archival assuring residents that the vehicles will arrive before December.

#TECH