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Friday, May 24, 2024

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AIIB approves P64-billion loan for Bataan-Cavite Interlink Bridge Project

The Asian Infrastructure Investment Bank (AIIB) said Friday it approved a loan of up to P64 billion for the construction of the Bataan-Cavite Interlink Bridge (BCIB) project in Manila Bay. “The approval of the AIIB loan for the Bataan-Cavite Interlink Bridge project signifies a significant step towards realizing our vision of fostering inclusive and sustainable growth within the Greater Manila Area,” said Rajat Misra, AIIB acting vice president for investment...

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Agriculture counselor asks Filipino food exporters to comply with China’s new rules

Filipino food exporters were told to comply with China’s new registration requirements that take effect on Jan. 1, 2022 to sustain smooth and hitch-free...

Market tumbles in last trading day of the year

The stock market slumped Friday in the last trading of the year as a spike in daily COVID-19 cases sent investors scampering for safety. The...

Ikea to hike prices by 9% due to supply chain woes

Stockholm, Sweden—Ikea will hike its prices by an average of nine percent next year due to ongoing supply and transportation disruptions, the company that...

Foreign businesses worry as China food import law kicks in

By Sebastien Ricci with Pascale Mollard Beijing, China—Getting wine, chocolate, and coffee into China could get even harder from Saturday, with new import restrictions adding...

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