Business

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TOKYO: Tokyo’s benchmark index rose Thursday to post its longest string of gains in nearly 30 years, as corporate earnings get into full swing and voters in the world’s number-three economy head to the polls this weekend. The Nikkei 225 gained 0.40 percent, or 85.47 points, to close at 21,448.52,…

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PARIS: The computer that stunned humanity by beating the best mortal players at a strategy board game requiring “intuition” has become even smarter, its makers said Wednesday. Even more startling, the updated version of AlphaGo is entirely self-taught — a major step towards the rise of machines that achieve superhuman…

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KNOWN in the world as “Wonder Crop” of the 20th century, soybean or “utaw” is one of the most versatile high value crops. While most soybean are processed for oil and protein for the animal feed industry, a smaller percentage is also processed for human consumption including soy milk, soy…

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The Philippines, currently among the Top 10 producers of eggplant, can be a global forerunner in the pesticide-free growing of the crop, which is usually sprayed intensively with pesticides. Eggplant is the most important vegetable in the Philippines, taking up 30 percent of all vegetable production—at around 200,000 metric tons…

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THE Philippine-hosted Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) 65th Governing Board (GB) has conducted an annual evaluation of the center’s programs and finances aimed at boosting the region’s agricultural and rural development sectors. Searca’s GB discussed the center’s strategies and directions in the said…

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(Second of three parts) Inclusiveness is totally useless if it does not take into account smallholders, or turning them into agripreneurs. Just look at most rice Filipino farmers who are at the mercy of traders and millers who are the ones raking in big profits because they can control the…

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The government expects to hit its full-year spending target despite disbursement issues in some agencies, a Cabinet official said. “We are optimistic that we will approach our full-year target of P2.909 trillion and will continue to exert our best efforts to reach our goals,” Budget Secretary Benjamin Diokno told reporters…

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The country’s central bank chief still wants to reduce banks’ required reserves, a move monetary authorities will have to manage to ensure that the additional liquidity benefits the economy. “The reserve requirement is something that I would like to personally see [go] to single-digit level,” Bangko Sentral ng Pilipinas (BSP)…

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Debt securities that will exclusively fund the rebuilding of Marawi City will be issued early next year, a Cabinet official said. “As far as the Marawi bonds is concerned, it is a go already. The plan is to start next year, early January,” Budget Secretary Benjamin Diokno told reporters on…

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Profit-taking weighed on the stock market on Wednesday with benchmark Philippine Stock Exchange index down 0.78 percent or 66.01 points to close at 8,431.73. A day after breaking the 8,500 resistance level, the market again retested that by rising to 8,548.58 but then tumbled to as low as 8,332.30 before…

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