Sunday, July 7, 2024

Chiong’s revenge

In about two months, the Ninoy Aquino International Airport (Naia) will be turned over ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

 

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July 8, 2024

 

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FOREX

June PH dollar reserves dip as BSP defends peso


The Philippines' dollar reserves inched down in June, partly due to foreign exchange interventions of the Bangko Sentral ng Pilipinas (BSP) to soothe the peso's volatility. Data released by the BSP showed that the country's gross international reserves (GIR) stood at $104.70 billion in June, slightly lower than the $105.02 billion recorded in May.


By Ian Nicolas P. Cigaral

 

PROFIT PUSH

Unleashing innovation: How first principles thinking can transform your business


Most organizations tend to rely too heavily on conventional methods and industry norms. This habitual thinking often prevents them from adopting more original and innovative approaches that could provide a groundbreaking competitive advantage.The phrase that kills countless new projects and profits is, "We have always done it this way!"


By Tom Oliver

 

TRANSPORTATION

Gov't seeks arbitration with Chinese train supplier


Arbitration may be the solution to the seven-year-old case of unsuitable trains from China left idle at the Metro Rail Transit Line 3 (MRT 3) depot, the DOTr said. Transportation Secretary Jaime Bautista told reporters on Friday that while the government had yet to solve the issue of the incompatible trains delivered by Dalian Co. Ltd. in 2017, intervention may be needed.


By Meg J. Adonis

 

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BIZ BUZZ

Chiong's revenge


In about two months, the Ninoy Aquino International Airport (Naia) will be turned over to the San Miguel-led consortium. And according to insiders in the aviation sector, among those calling the shots at the New Naia Infra Corp. (NNIC) is former Manila International Airport Authority (MIAA) general manager Cesar Chiong.


By Tina Arceo-Dumlao

 

INQUIRER PLUS-EXCLUSIVE

New UK government faces tough economic challenge


LONDON — Britain's new Labour government on Friday pledged immediate action to grow the economy after the center-left party won a landslide general election victory. However, its task could be hampered by strained state finances following huge spending by the previous Conservative administration to protect millions of jobs during the Covid pandemic.


By AFP


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