Noticias de dinero

Airbnb: $840M added to PH economy last year

AIRBNB activities contributed $840 million (P45.7 billion) to the Philippines’ gross domestic product (GDP) and supported nearly 103,800 jobs last year, the firm running the online homestay marketplace claimed on Tuesday. In a statement, Airbnb Inc. said that a commissioned report by economic advisory firm Oxford Economics found the platform “played a crucial role in

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Global

U.N. approves Haiti force after year of pleas

The United Nations Security Council on Monday approved a Kenyan-led mission aiming to bring stability to Haiti, a year after the violence-ravaged Caribbean nation’s leaders first pleaded for an international force. The Western Hemisphere’s poorest nation has been in freefall, with armed gangs taking over parts of the country and unleashing brutal violence, and the

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Noticias de dinero

Dollar tops 150 yen for first time in a year

LONDON, Oct 3, 2023 (AFP) – The dollar rose above 150 yen on Tuesday for the first time in a year, as the Japanese currency weakened further on a mix of ultra-loose monetary policy in Japan coupled with rising US interest rates that are attracting investors to the greenback. In mid-afternoon trading, the dollar/yen rate

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Global

Families endure grief a year after Thai nursery massacre

Clutching a well-worn teddy named “Little Bear”, Paweenuch Supolwong fiddles with Buddhist amulets hanging heavy on her neck as her grandmother tells of the trauma still afflicting the four-year-old. Paweenuch, known by the nickname Ammy, was one of only two children to survive a massacre at a Thai nursery a year ago that killed 36

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Noticias de dinero

Sugar output expected to drop next year

THE United States Department of Agriculture (USDA) sees the Philippines producing less sugar from September 2023 to August 2024. In a report, the USDA revised its output forecast for the Philippines from 1.9 million metric tons (MT) to 1.8 million MT. “Declining sugarcane planting areas and weather disturbances, including the ongoing El Niño, are expected

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