‘Building a high-wage economy starts with British universities’

Earlier this month, Prime Minister Boris Johnson announced the government’s new plan for growth in the post-Covid economy. The takeaway is that the UK must create a ‘high wage, high skill, high productivity’ economy. The ambition of developing a…

Frozen turkeys in short supply industry data shows

Frozen turkeys were the product most likely to be in short supply in UK supermarkets earlier this month, according to industry data released amid warnings of a possible Christmas supply squeeze. A shortage of skilled butchers has been widely…

World’s record food bill is hitting poorer countries

The world’s food-import bill is set to jump even more than expected to a record this year, increasing the threat of hunger, especially in the poorest nations. Higher shipping rates and prices of foodstuffs from grains to vegetables are likely…

Vehicle sales slip in October

AUTOMOTIVE SALES dropped by nearly 10% year on year in October, although the industry remains confident full-year sales will be better than a year ago. Based on a joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc.…

PEZA says investment pledges decline by 13.7%

REUTERS THE Philippine Economic Zone Authority (PEZA) reported a 13.7% decline in approved investments in the first 10 months of 2021, reflecting the impact of the coronavirus pandemic on investor sentiment. In a statement, PEZA said it approved 215 projects…

NPL ratio eases to 4.43% in September

SOURED LOANS held by banks slipped month on month in September, bringing the nonperforming loan (NPL) ratio slightly lower to 4.43%, data from the Bangko Sentral ng Pilipinas (BSP) showed. Based on BSP data, NPLs declined by 1.3% to P485.532…

House moves to suspend fuel tax

THE HOUSE Committee on Ways and Means on Thursday approved a bill that would temporarily suspend or lower the excise tax on some fuel products for six months, a move that is estimated to cost the government around P45 billion…

Factors to consider when buying bitcoins

If you have been postponing your bitcoin investment for years, now is the right time to invest. Don’t worry; we are not here to rush you into investment mode. However, you might be aware that bitcoin is one of…

What are the significant risks associated with bitcoin investment?

Different types of digital currencies are gaining popularity in the current digitally active world. For example, in the western world, different types of digital currency ATMs are opening up. Digital currencies enable people to make quick and convenient transactions.…

The pros and cons of trading bitcoins

When the buzz surrounding bitcoin has increased in the current scenario, most people think that bitcoin has no cons. But, these days, people with even a small amount of capital and extra cash try to invest in bitcoins. No…

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