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Philippines inflation near 14-year high, more rate hikes seen

Philippines inflation near 14-year high, more rate hikes seen

Philippine inflation accelerated to its fastest pace in nearly 14 years October and the rate is likely to rise further, backing expectations the central bank will keep tightening monetary policy. The consumer price index climbed 7.7% in October from a year earlier, the fastest rise since December 2008, driven by …

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Chaos, confusion reign ahead of Twitter layoffs

Chaos, confusion reign ahead of Twitter layoffs

Fear and dread spread across Twitter offices Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts that were planned to hit about half of the staff. Since billionaire Elon Musk took over last week, he has kept employees in the dark. He has not addressed the …

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Messy urban planning ruin cities’ grand plan, aesthetics: lawmakers

Haphazard urban planning adjustments are harming urban aesthetics and ruin a cities’ strategic planning, National Assembly deputies said Thursday. At a National Assembly session Thursday, Construction Minister Nguyen Thanh Nghi received many questions regarding urban planning, especially in major cities like Hanoi. Deputy Ly Van Huan, from the northern province …

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Sleep some more: HCMC schools push back morning classes

Schools in HCMC will push morning classes hours back starting next week to let students sleep more as requested by the municipal education department. The Nguyen Du secondary school in the downtown District 1 said Wednesday that morning classes would begin 15 minutes later at 7:15 a.m. starting next Monday. …

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PM Pham Minh Chinh to visit Cambodia

Prime Minister Pham Minh Chinh will pay a week-long (November 8-13) official visit to Cambodia from on invitation from his Cambodian counterpart Hun Sen. During his visit, Chinh would attend the 40th and 41st ASEAN Summits as also other related conferences from November 10-13. Prime Minister Pham Minh Chinh. Photo …

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