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Philippine Daily Inquirer

  • SEC wants Binance out of Apple, Google app stores

    MANILA, Philippines — Soon, the mobile application of Binance will no longer be available in the Philippines, as the Securities and Exchange Commission (SEC) ramps up efforts to ban the cryptocurrency giant. The corporate watchdog on Tuesday said it had already written to Google and Apple to formally request the removal of applications controlled by

  • Murata sticks with First Gen for geothermal power

    MANILA, Philippines — The local unit of Japan-based electronics giant Murata Manufacturing Ltd. extended its partnership with Lopez-led First Gen Corp. on using clean energy for its production facility in Batangas province. In a joint statement, First Gen said Philippine Manufacturing Co. of Murata Inc.’s (PMM) facility will be powered by the Bacon-Manito geothermal field

  • Nationwide red, yellow alerts raised as power supply further thins

    MANILA, Philippines — The power supply nationwide is running low prompting grid operator National Grid Corp. of the Philippines (NGCP) to place all regions—Luzon, Visayas, and Mindanao—under red or yellow alerts today, April 24. In an advisory, NGCP issued a red alert in the Luzon grid between 3 p.m. and 4 p.m. It will place

  • Vietnam economy projected to grow by 5.5% in 2024

    HANOI — Vietnam’s economy can grow by about 5.5 percent in 2024 and increase to 6 percent in 2025, according to a report from the World Bank released on Tuesday. After experiencing downturns in 2023, Vietnam’s economy has shown signs of recovery during the first quarter of 2024. According to the report, the Southeast Asian

  • Asian stocks rise on earnings optimism as US data approaches

    HONG KONG, China — Asian equities extended the week’s gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a slowdown in US economic activity. Analysts also said a recent pullback in markets provided an opportunity to step back in, while