Prøve GULL - Gratis

Trump demand for Japan to buy more US rice stalled trade talks — report

Business World Philippines

|

September 01, 2025

A Trump administration request that Japan buy more US rice caused this week's snag in bilateral trade talks as Tokyo “strongly objected” to the condition, the Nikkei newspaper reported.

Japan’s top tariff negotiator abruptly canceled a US trip on Thursday over unspecified “points that need to be discussed at the administrative level,” a government spokesperson said, as the two sides try to hammer out details ofa July agreement on a reduced 15% tariff on US imports from Japan.

The Nikkei, citing Japanese government officials it did not identify, said a revised order from President Donald Trump included a commitment for Japan to buy more American rice.

One official criticized the proposal as an “interference in domestic affairs,” the business daily said.

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

The rise of the Baguio Business Club

It was providential that the inauguration of the Baguio Business Club (BBC) coincided with the establishment of the Metropolitan BLISTT Development Authority (MBLISTTDA) and the appointment of a very qualified Head of the Authority in the person of Assistant Secretary Maria Monica C. Costales.

time to read

4 mins

September 17, 2025

Business World Philippines

Philippines may lose P30B from zero-tariff deal on US goods

THE PHILIPPINES risks losing as much as P30 billion in revenues if the government implements a zero-tariff scheme on selected American goods, the Bureau of Customs (BoC) told congressmen on Tuesday.

time to read

2 mins

September 17, 2025

Business World Philippines

Playoff mode when division leaders Phillies, Dodgers meet

A PAIR of division leaders will be in playoff mode this week as the Philadelphia Phillies visit the Los Angeles (LA) Dodgers fora three-game series that starts Monday.

time to read

2 mins

September 17, 2025

Business World Philippines

Nuclear supply chain forum convenes in PHL next month

THE GOVERNMENT will host the Philippine International Nuclear Supply Chain Forum (PIN-SCF) on Oct. 2-3 to gather experts and industry representatives as the nuclear industry gathers momentum here.

time to read

1 min

September 17, 2025

Business World Philippines

Federal Reserve move key to BSP rate cut — Finance chief

THE Bangko Sentral ng Pilipinas (BSP) may deliver one more policy rate cut before year-end, but the move could depend on whether the US Federal Reserve lowers borrowing costs in its meeting this week, Finance Secretary Ralph G. Recto said on Tuesday.

time to read

2 mins

September 17, 2025

Business World Philippines

Business World Philippines

Sotheby's commissions slump by nearly 20% as luxury falters

SOTHEBY'S reported a nearly 20% drop in revenue from commissions and fees last year as sales of luxury items and works of fine art at auction dwindled.

time to read

1 min

September 17, 2025

Business World Philippines

PHL car sales down 7.6% in August

PHILIPPINE VEHICLE sales declined year on year in August to the lowest volume in four months, dragged by weaker demand for both passenger and commercial cars, according to industry data.

time to read

3 mins

September 17, 2025

Business World Philippines

BIS warns of mounting disconnect between debt and stock markets

The Bank for International Settlements (BIS) has warned that record global share prices appear increasingly disconnected from the rising concerns about government debt levels in the bond markets.

time to read

2 mins

September 17, 2025

Business World Philippines

AbaCore unit, PNOC eye wind project in Batangas

SIMLONG Energy Development Corp. (SEDC), a subsidiary of listed AbaCore Capital Holdings, Inc., has signed a deal with state-run Philippine National Oil Co. (PNOC) to study the feasibility of an onshore wind farm in Batangas as part of efforts to expand renewable energy.

time to read

1 min

September 17, 2025

Business World Philippines

CA freezes assets linked to flood control scam

THE Philippines froze bank accounts and insurance policies tied to 20 Public Works officials and six contractors in a widening probe of anomalous flood control projects, a move that could boost President Ferdinand R. Marcos, Jr.'s anti-corruption drive as he faces pressure to rein in ballooning debt.

time to read

2 mins

September 17, 2025

Listen

Translate

Share

-
+

Change font size