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Middle East tensions push up Treasury bond yield

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Industries

Gov’t orders DOE to ensure sufficient oil supply

MANILA, Philippines — The Department of Energy (DOE) appealed to oil industry players on Tuesday to implement staggered fuel price adjustments to avoid unduly burdening the public as it also...

Finance

World Bank lifts ban on nuclear energy financing

WASHINGTON, United States — The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting...

Consumer & Retail

1M power banks recalled in US as some consumers report fires

NEW YORK, United States — More than 1.15 million power banks are under recall across the U.S. after some fires and explosions were reported by…

Columns

Tourism & Transportation

Transportation chief planning Quezon Avenue-España busway

MANILA, Philippines — The Department of Transportation (DOTr) wants to establish a dedicated bus lane linking Quezon Avenue and España, identifying this as a viable…

Foreign News

DA extends issuance of fish import permit till June

MANILA, Philippines — Tight importation schedules and supply issues prompted the Department of Agriculture (DA) to extend the issuance of fish import permits to June.…

Economy

Philippines bracing for oil, fertilizer price shocks from Middle East crisis

MANILA, Philippines — The government is prepared to mitigate the impact of the ongoing Middle East crisis on oil and fertilizer prices in the Philippines,…

Communications

PSE unit to return ‘intact’ shares of Equitiworld to clients

MANILA, Philippines — The market regulation arm of the Philippine Stock Exchange (PSE) will return certain shares of stock to some clients of embattled stock…

Industry Movements

Fintech firm Salmon raises $88 million in fresh capital

MANILA, Philippines — Financial technology firm Salmon said on Tuesday it had raised $88 million in fresh capital to help strengthen its consumer lending business.…

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