MANILA Authentic
Victor Hedman Jersey , Sept. 26 (Xinhua) -- The Asian Development Bank
(ADB) predicted Tuesday the Philippine economy to grow 6.5 percent this year as
robust domestic demand, including higher public investments in infrastructure
and the government's socioeconomic agenda-push growth higher.
In an updated Asian Development Outlook (ADO) 2017, the Manila-based bank
said infrastructure, social programs and tax reforms that the government will
implement will help fuel the country's economy.
ADB said the Philippine gross domestic product (GDP) is expected to rise from
the 6.4 percent in April forecast to 6.5 percent. GDP growth in 2018 will
accelerate to 6.7 percent through increased public investment and household
consumption.
"The concerted effort by the Philippine government to improve public project
implementation is bearing fruit, as public investment programs help drive
continued economic expansion," said Richard
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"A strong focus on infrastructure investment and implementation of tax reform
will see the country continue its growth momentum through 2018," he added.
The Philippine economy expanded by 6.4 percent in the first half of 2017.
TOKYO, Sept. 28 (Xinhua) -- Tokyo stocks opened higher Thursdaytracking gains
on Wall Street overnight and the U.S. dollar's riseafter U.S. President Donald
Trump proposed cutting corporate tax to20 percent in a U.S. tax overhaul.
As of 9:15 a.m. local time, the 225-issue Nikkei Stock Averageadded 102.60
points, or 0.51 percent, from Wednesday
to20 Authentic
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The broader Topix index of all First Section issues on the TokyoStock
Exchange, meanwhile, gained 6.51 points, or 0.39 percent, to1,670.94.
Insurance Authentic
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mostin the opening minutes after the morning bell. Enditem
BEIJING, April 1 (Xinhua) -- China's Ministry of Education announced on
Friday that it will recruit 70,000 teachers this year for village schools.
Demand for teachers in the least-developed areas will be a priority. Teaching
of sports, music, art, foreign languages and information technology will be
strengthened.
The ministry urged local authorities to provide proper
payment Authentic
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adapt to rural life. Enditem
TEHRAN, Aug. 28 (Xinhua) -- The U.S. technology company, Nvidia Corporation,
continues to block Iranian internet users from accessing parts of its website,
Financial Tribune daily reported on Monday.
The software download page of Nvidia does not allow Iranian IP addresses to
access updated software. The site now says "403 -- Forbidden."
Nvidia's another website,
geforce Authentic
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says "access denied" followed by a message saying "the request was blocked by
the security rules."
When the user contact the company's online help service to ask why Iranians
have been suddenly banned from using their software, Nvidia responded that "we
regret to inform you that Geforce NOW and Geforce Experience is not available in
embargoed nations."
Prior to Iran's international nuclear deal in 2015, several software
companies in the United States and Europe blocked Iranians from accessing
downloads.
However, since then several companies quietly removed restrictions on Iranian
Internet users.
Nvidia's measure comes just days after Apple began removing Iranian
applications from its iOS application store.
On Thursday, Apple removed Snapp, a ride-hailing app similar to Uber that is
popular in
Iran Authentic
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removal in recent weeks of apps for food delivery, shopping and other services.
In a message to Iranian developers whose apps were affected by the ban, Apple
said, "under the U.S. sanctions regulations, the app store cannot host,
distribute or do business with apps or developers connected to certain U.S.
embargoed countries."
In
January Authentic
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the app store, including online e-commerce service Digikala.
"Since Apple takes a cut of all app store purchases, sales from Iranian apps
generate revenue and are thus in violation of U.S. law," Apple said.
In response, Iran's minister of telecommunication and information technology
said Friday that his country would legally sue the decision by Apple for
removing Iranian apps from its app store.
Apple holds 11 percent share of the Iranian cellphone market,
however Authentic
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said Mohammad Javad Azari-Jahromi.
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ASIA¡¯S biggest oil refiner Sinopec said its first-half net profit jumped more
than 40.1 percent thanks to a rise in oil prices and stable growth in China¡¯s
economy, which fueled demand for its refined products.
Sinopec ¡ª the listed unit of state-owned China Petrochemical Corp ¡ª saw net
profit surge to 27.92 billion yuan (US$4.2 billion) in the January-June
period Authentic
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period, it said in a statement late to the Hong Kong stock exchange, where it is
listed.
A pick-up in global oil prices boosted Sinopec's crude business, while
domestic consumption of its key refined oil products rose and demand for major
chemical products grew ¡°significantly,¡± it said.
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