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Japanese manufacturers optimistic

TOKYO: A key Japanese central bank report said on Monday that sentiment among big manufacturers has sagged, but that optimism is at a three-decade high among large business outside the manufacturing sector. The Bank of Japan’s “tankan” report said sentiment among large manufacturers, which include auto and electronics giants, declined …

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Group of Tim Hortons franchisees in Quebec sue brand owner for $18.9M

A group of Quebec Tim Hortons franchisees is taking the brand’s owner to court over lower-than-expected profits they claim are due to constraints in licensing agreements.  Constraints in licensing agreements to blame for lower-than-expected profits, group alleges. Several Quebec Tim Hortons franchisees are taking the brand’s owner to court, blaming …

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Modest growth for PH manufacturing PMI in March

(File photo) MANILA – The country’s manufacturing purchasing managers’ index (PMI) recorded a modest growth in March this year at 50.9. March’s PMI was slightly lower than February’s 51 but a PMI above 50 is still considered growth. The manufacturing PMI gauges the health of the local sector, with scores above …

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BSP forecasts March inflation of 3.4%-4.2%

The Bangko Sentral ng Pilipinas (BSP) forecasts March 2024 inflation could be a low of 3.4 percent which was the same rate in February, or climb to a high of 4.2 percent due to upside price pressures from rice, meat, electricity and fuel. In a statement Monday, April 1, the …

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Contractors join DPWH town hall meeting for Bataan-Cavite bridge

The Department of Public Works and Highways (DPWH), together with the Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) hosts on March 26, 2024, another contractor’s outreach program for the Bataan-Cavite Interlink Bridge (BCIB) Project.  Major contractors from the country and around the world expressed interest in joining …

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Sri Lanka inflation dips to lowest level since crisis

A vendor sells soap bubble liquid on the Galle Face promenade in Colombo on March 21, 2024. (AFP / Ishara S. Kodikara)  COLOMBO, Sri Lanka — Sri Lanka’s statistics office said Friday that inflation had slowed to 0.9% in March, the lowest year-on-year price increase since an unprecedented economic crisis. …

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