Airborne laser reveals hidden city in Cambodia
Airborne laser technology has uncovered a network of roadways and canals, illustrating a bustling ancient city linking Cambodia’s famed Angkor Wat temple complex.
Airborne laser technology has uncovered a network of roadways and canals, illustrating a bustling ancient city linking Cambodia’s famed Angkor Wat temple complex.
The local stock barometer surged sharply on Tuesday, retesting the 6,500 level albeit in thin trade, as the recent depreciation of the peso was seen boosting local consumer spending and corporate profits.
Global stock markets traded fitfully Tuesday as investors watched for signs of a possible change in U.S. stimulus efforts by the Federal Reserve.
US stocks surged Monday a day before the Federal Reserve begins meeting to review monetary policy, and expectations mounted that it will make no sharp changes to its economic stimulus.
Money sent home by overseas Filipino workers (OFW) reached $2 billion last April amid the sustained demand for high-skilled workers in other countries.
Asian markets were mixed Monday despite a weak batch of US economic data boosting hopes that the Federal Reserve would put off announcing any winding down of its vast stimulus scheme at the end of a policy meeting this week.
The peso closed weaker at the start of the week after thin trading on Monday tracking the movement of regional currencies as funds flow out of Asia.
US stocks scored solid gains in opening trade Monday, rebounding from Friday’s sell-off ahead of the Federal Reserve monetary policy meeting this week.
Customers of the Manila Water Company Inc. will pay less for their consumption in July while those of Maynilad Water Service Inc. will pay more, both due to adjustments in the foreign exchange component of the concessionaires’ billings.
Most local stocks firmed up for a second session in the row as regional markets stabilized ahead of a crucial US Federal Reserve open market committee meeting this week.
The Philippine Stock Exchange suspended trading on Berjaya Philippines Inc. on Monday following the acquisition by the local unit of Malaysian conglomerate Berjaya of a 29.81 percent stake in London-listed luxury car distribution firm H.R. Owen Group.
A prepaid card solution hatched by Citibank in partnership with international humanitarian organization Action Against Hunger (ACF International) to better disburse emergency aid in the wake of Tropical Storm “Sendong”–which triggered catastrophic floods in Cagayan De Oro and Iligan cities in December 2011–has earned a key global citation.
