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Meta slashes hiring plans, girds for ‘fierce’ headwinds - BusinessWorld OnlineFacebook-owner Meta Platforms Inc. has cut plans to hire engineers by at least 30% this year, Chief Executive Officer Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic downturn. “If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen […]
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Teaching Canadian kids about Pinoy food - BusinessWorld OnlineMama Sita’s food webinar tackles history and sustainability The Mama Sita Foundation held a three-day webinar series for schoolchildren under Toronto Catholic District School Board, titled “The Evolution of Philippine Cuisine.” This was done with the collaboration of Philippine Consulate General in Toronto. On the invitation, it stated, “Do note that the webinar will be […]
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Shares to move sideways ahead of inflation data - BusinessWorld OnlineThe benchmark Philippine Stock Exchange index (PSEi) inched up by 9.92 points or 0.16% to close at 6,165.35 on Friday, while the broader all shares index improved by 3.89 points or 0.11% to 3,340.12. READ:
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Business chambers endorse Trade dep’t position on joining RCEP, MSME support - BusinessWorld OnlineTrade Secretary Alfredo E. Pascual’s intention to join more free trade agreements received backing from major business chambers, who declared support for participating in the Regional Comprehensive Economic Partnership (RCEP). READ:
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June inflation likely hit 6% — poll - BusinessWorld OnlinePhilippine inflation probably hit 6% in June amid spiraling oil and food prices and higher electricity rates, according to a median estimate of 16 analysts in a BusinessWorld poll last week, boosting the case for bigger increases in key interest rates.
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Agri policy needs more bottom-up planning to meet farmers’ needs, study concludes - BusinessWorld OnlineAGRICULTURE and fisheries planning needs to be more “bottom-up” to better meet the needs of farmers and fisherfolk, steering away from “top-down” programs imposed from above, especially those concerning rice, according to a study by the Philippine Institute for Development Studies (PIDS).
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