MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday.
Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure, and the export of copper, gold, and other metals. These projects would produce over 49,000 jobs if fully operational. (Philippines-Investment-Growth)
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ST. PETERSBURG -- Russia's annual inflation rate stood at 7.42 percent by the end of 2023, the Federal State Statistics Service (Rosstat) said on Friday.
The annual inflation rate in Russia edged down to 7.42 percent in December, compared with 7.48 percent in the previous month, according to a report released by Rosstat. (Russia-Inflation Rate)
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NEW YORK -- U.S. stocks ended mixed on Friday, as major bank earnings reports failed to ignite momentum for a strong quarterly earnings season.
The Dow Jones Industrial Average fell by 118.04 points, or 0.31 percent, to 37,592.98. The S&P 500 added 3.59 points, or 0.08 percent, to 4,783.83. The Nasdaq Composite Index increased by 2.58 points, or 0.02 percent, to 14,972.76. (US-Stocks) Enditem
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