Business

Canada’s corporate ethics czar says it has launched a fact-finding investigation into allegations that Zara Canada Inc. is working with companies that use forced labour in China.  Investigation stems from complaints made by 28 civil society organizations. Canada’s corporate ethics czar says it has launched a fact-finding investigation into allegations …

In this photo, director of government and public affairs of the Metro Pacific Investments Corp., head of the MVP Group media bureau and chief operating officer of the Silangan Mindanao Mining Company Inc. Mike Toledo sits down with Canadian Ambassador to the Philippines Bruce Hartman. (Handout)  MANILA, Philippines — President …

The local stock market opened the week strong as investors take positive cues from local and global economic data. The main index rose by 88.76 points or 1.48 percent closing at 6,078.03 with all sectoral indices except for the Industrial sector seeing gains. Volume of shares traded amounted to 323 …

A trader works on the floor of the New York Stock Exchange during opening bell in New York City on August 21, 2023. European and US stocks rebounded on Monday but Asian markets ended mixed after a Chinese rate cut failed to reassure investors worried about the outlook for the …

New investment leads from Taiwanese firms reached P20.6 billion, according to the Philippine Trade and Investment Center-Taipei (PTIC-Taipei), the representative office of the Department of Trade and Industry (DTI) in Taiwan. PTIC-Taipei organized the 2023 Philippine Investment Forum in Taiwan recently together with the Philippine Economic Zone Authority (PEZA) where …

This Nov. 4, 2023 photo shows an aircraft of the Papua New Guinea’s national airline, Air Niugini at the NAIA Terminal 1. MIAA / Facebook MANILA, Philippines — Papua New Guinea on Saturday marked the 50th anniversary of its national airline, Air Niugini, with festivities in the Philippines. Ambassador of …

Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while — corporations just aren’t afraid to raise their prices anymore.  …

The local currency gained 63 centavos to close at 56.1 to a dollar from 56.73 last Tuesday. It opened stronger at an intra-day low of 56.6 and rallied to an intra-day high of 55.93, but lost steam toward the end of the trading session. (BW / File)  MANILA, Philippines — …

Canada’s economy added 18,000 new jobs last month, slightly lower than what economists were expecting, and not enough to stop the jobless rate from inching up to 5.7 per cent, because more people joined the work force.  Economy added more jobs, but nowhere near enough to offset growth of labour …

The American and Canadian economies are very similar. Inflation is decelerating, employment remains robust but one is growing by 4.9 per cent while the other is flirting with a recession.  Americans consumers — and politicians — have been in a spending mood. In a lot of ways, the U.S. and …