Baguio needs road congestion pricing

LESSER traffic, cleaner air, easier travel may soon be coming to Baguio City. The city government under Mayor Benjamin Magalong is considering working with Metro Pacific Tollways Corp. (MPTC) on a smart urban mobility project with road congestion pricing as a main component. Road congestion pricing works much like a …

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BoJ to scale down its bond-buying program

TOKYO — The Bank of Japan (BoJ) is expected to hold interest rates steady on Friday but reports have said it could gradually reduce its vast hoard of government bonds as it shifts away from a long-running ultra-loose monetary policy. The central bank raised rates in March for the first …

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Tesla CEO Musk to get huge payout

NEW YORK — Tesla shareholders voted in favor of a huge compensation package for Chief Executive Officer (CEO) Elon Musk, endorsing the potential windfall after a Delaware court invalidated it, a company official said on Thursday. Based on preliminary vote results, investors backed a plan of up to $56 billion …

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Sort wheat from chaff

“Peace, thus, will remain elusive to the state if indeed the terror groups are drawing support from the UN through the UNRWA. When it comes to an infiltration by enemies of the state, the country can learn a lot from the Israelis. The Philippines faces a formidable challenge in fortifying …

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