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S&P sees room for Philippines credit rating upgrade
philstar65d ago

S&P sees room for Philippines credit rating upgrade

The Philippines stands out as one of only three Asia-Pacific economies with a positive sovereign rating outlook for 2026, as improving fiscal and external balances strengthen the country’s credit profile despite political and geopolitical headwinds, according to S&P Global Ratings.

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Taiwan to Hike U.S. LNG Imports After Reaching Trade Deal
oilprice65d ago

Taiwan to Hike U.S. LNG Imports After Reaching Trade Deal

After striking a trade and investment deal with the United States last month, Taiwan plans to hike imports of U.S. LNG this year to have American gas account for about a third of its supply. “We plan to increase purchases of natural gas from the U.S. to 30%-33% this year from about 10% now,” Fang Jeng-zen, chairman of Taiwan’s state-held oil and gas company CPC Corporation, told reporters on Thursday, as carried by Reuters. Taiwan wants to buy more gas from the U.S. and will reduce imports from other suppliers, said the Economy...

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Voters Reject Motion To Cut Town Budget By $933K
caledonianrecord65d ago

Voters Reject Motion To Cut Town Budget By $933K

LITTLETON — After making an unsuccessful motion on Monday to reduce the school district budget by $2 million, or about 10 percent, former Select Board member Carrie Gendreau made another motion during Wednesday’s town deliberative session to reduce the proposed...

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Inflation quickens to 11-month high
philstar65d ago

Inflation quickens to 11-month high

Inflation accelerated to an 11-month high in January, amid faster increases in utility and restaurant and accommodation costs, according to the Philippine Statistics Authority.

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Typhoon shocks pose risk to growth – IMF
philstar65d ago

Typhoon shocks pose risk to growth – IMF

More frequent and destructive typhoons are increasingly acting as a double shock to the Philippine economy, with new analysis from the International Monetary Fund (IMF) showing that severe storms can simultaneously push up inflation and drag down output.

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Bitcoin Drops Below $70,000, Erasing Post-Trump Victory Gains
moderndiplomacy65d ago

Bitcoin Drops Below $70,000, Erasing Post-Trump Victory Gains

Bitcoin dropped below the significant $70,000 mark on Thursday, continuing a decline without signs of recovery. It fell by 3.8% to a low of $69,858, the lowest since November 2024. This week’s decline brings Bitcoin’s losses to nearly 8%, and it has fallen almost 20% this year. Ether also decreased nearly 2% to $2,090, down [...]The post Bitcoin Drops Below $70,000, Erasing Post-Trump Victory Gains appeared first on Modern Diplomacy.

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RCR reports robust 35%revenue growth in 2025
philstar65d ago

RCR reports robust 35%revenue growth in 2025

RL Commercial REIT Inc., the real estate investment trust unit of the Gokongwei family’s Robinsons Land Corp. (RLC), delivered strong revenue growth last year on the back of strategic asset infusions and a consistently high portfolio occupancy rate.

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