China Daily via REUTERSWASHINGTON/LONDON/TOKYO — Manufacturing growth is slowing worldwide as China’s coronavirus disease 2019 (COVID-19) curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, the euro zone, ...

WU YI/UNSPLASHUS companies Cisco Systems and Nike plan to fully exit Russia, the two firms told Reuters on Thursday, as the pace of Western firms departing accelerated.Telecoms equipment maker Cisco will wind down its business in Russia and Belarus, the company said. Nike is making a full exit from Russia three months after suspending its operations there, the sportswear maker ...

crommelincklars/CC BY 2.0/Wikimedia CommonsAfter her first scheduled performance in the Philippines was stymied by the coronavirus disease 2019 (COVID-19) pandemic, seven-time Grammy Award-winning American singer-songwriter Billie Eilish takes her Happier Than Ever, The World Tour to Manila. The concert will be on Aug. 13 at the SM Mall of Asia Arena in Paranaque.Ms. Eilish was scheduled to perform in Manila in September ...

LANDBANKPhilippine President Rodrigo R. Duterte’s office on Friday released a memorandum circular directing government bodies to support the implementation of a national strategy boosting access to financial services, which are mostly offered by the private sector.The memorandum directs all departments, agencies, and instrumentalities of the Philippine government to adopt initiatives under the National Strategy for Financial Inclusion (NSFI), launched in ...

PRESIDENT Rodrigo R. Duterte has ordered the dissolution of an industrial estate in Cavite after a follow-on project to be developed by the estate operator failed to materialize.The dissolution order was contained in a memorandum signed by Executive Secretary Salvador C. Medialdea on June 23, ending the corporate life of First Cavite Industrial Estate, Inc., (FCIEI), which was registered with ...

The Report outlines Home Credit’s strong progress in delivering digital-led financial inclusion benefits, building on company’s history of responsible operations, with highlights of its Philippine ESG performanceHome Credit released its Sustainability Report last June 15 detailing Home Credit’s progress in delivering against Environmental, Social and Governance (ESG) principles – a framework used globally, to measure non-financial factors anchored on sustainability ...

The Report outlines Home Credit’s strong progress in delivering digital-led financial inclusion benefits, building on company’s history of responsible operations, with highlights of its Philippine ESG performanceHome Credit released its Sustainability Report last June 15 detailing Home Credit’s progress in delivering against Environmental, Social and Governance (ESG) principles – a framework used globally, to measure non-financial factors anchored on sustainability ...

Understanding the concept of credit or “utang” in the Philippines has yet to reach its maturity as reflected by the stigma surrounding it. The word “utang” is still perceived to be synonymous with financial hardship, mismanagement, and vulnerability. This shouldn’t be the case as credit is a tool for financial upliftment that is essential for daily life.Based on data, the ...

The PAGCOR Board led by Chairman and CEO Andrea Domingo (center) turns to over to Marinduque Governor Presbitero Jose Velasco Jr. (2nd from right) the P28 million financial grant be used for the construction of four covered courts.Three new beneficiaries received funding for their respective community development projects after the Philippine Amusement and Gaming Corporation (PAGCOR) released a total of ...

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