Image via Qantas SYDNEY — Australia eased its international border restrictions on Monday for the first time during the coronavirus pandemic, allowing some of its vaccinated public to travel freely and many families to reunite, sparking emotional embraces at airports. After more than 18 months of some of the world’s strictest coronavirus border policies, millions […]Read More

WIKIMEDIA COMMONS UDANGUDI, India/TOKYO — On the coastline near India’s southern tip, workers toil on a pier carrying a conveyor belt that cuts a mile into the Indian Ocean where the azure waters are deep enough for ships to berth and unload huge cargoes of coal. The belt will carry millions of tonnes of coal […]Read More

Shubert Ciencia/CC BY 2.0/Wikimedia Commons ROME — Leaders of the Group of 20 (G20) major economies agreed on a final statement on Sunday that urged “meaningful and effective” action to limit global warming, but angering climate activists by offering few concrete commitments. The result of days of tough negotiation among diplomats leaves huge work to […]Read More

REUTERS ROME — US President Joseph R. Biden, Jr., and 16 other world leaders on Sunday discussed action to make supply chains more resilient in the face of any future health crises, as well as climate change and even planned attacks. Supply chain problems have emerged as the global economy has pulled out of a […]Read More

PHILIPPINE STAR/ MICHAEL VARCAS By Luz Wendy T. Noble, Reporter INFLATION likely quickened in October amid a continued rise in pump prices and a spike in food costs due to a severe tropical storm, analysts said. A BusinessWorld poll of 21 analysts yielded a median estimate of 4.9% for the October consumer price index (CPI), […]Read More

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to the coronavirus crisis, preliminary data from the Bureau of the Treasury (BTr) showed. Gross borrowings in the first nine months went up by 15.143% versus the same period last year. In […]Read More

CRAG By Jenina P. Ibanez, Reporter PHILIPPINE HOUSEHOLD CONSUMPTION could see sustained improvement in the near term amid slowing daily coronavirus disease 2019 (COVID-19) infection rates, Moody’s Analytics said. The economic research firm noted the effects of mobility restrictions declared to curb the spread of COVID-19 in the country, with extended Metro Manila restrictions in […]Read More

OMNICOR Industrial Estate & Realty Center, Inc. recently signed a $100-million (P5.05 billion) joint venture deal with Starfleet Innotech, Inc. (SFIO), a New Zealand-based conglomerate, to develop a 500-unit condotel project in Batangas City. Omnicor is a wholly owned subsidiary of listed AbaCore Capital Holdings, Inc.’s (ABA) 100% owned unit, Philippine Regional Investment Development Corp. […]Read More

1 of 2 LUXURY watch brand Jaeger-LeCoultre once had a very expensive problem on its hands in 1931: rough games were breaking the expensive watches of polo players. The brand — founded in 1833 — then released one of its most popular watches, the Reverso, and arguably, one of the most elegant (in every sense […]Read More

EXPRESS transportation company FedEx Express said it recently launched two additional flights connecting businesses in Asia-Pacific countries, including the Philippines, to Europe and America, and made its fleet in Asia 100% wide-body. “These new flights double the current capacity for Philippine shipments. This is particularly beneficial for Filipino small and medium-sized enterprises that aim to […]Read More