Kathmandu, Nepal—India’s unofficial blockade of Nepal has put a crunch on this Himalayan nation, with cars lining up for miles around gasoline stations, schools shutting down, vegetables in short supply and taxis charging four times the normal fare.

By Riza Lozada The Philippine Exporters Confederation Inc. (Philexport) sought from the Philippine National Police (PNP) clear rules on the securing of permits for the importation and distribution of regulated chemicals. 

The Market Monitor salutes the contributions to the Philippines industrial landscape, of one of the pillars of the construction industry – the late Felipe F. Cruz Jr., who, unknown to many, subscribed to the wisdom of Abraham Lincoln. 

By Jerry Maglunog The power sector and infrastructure remain the most promising investment destination in the country because of the huge backlog in power and the continuing increase in population. 

The region’s major multilateral lenders, the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB), have agreed to cooperate to help speed up the development of Asia, mainly through the joint financing of projects.

The Rizal Commercial Banking Corp. (RCBC) has, in more than five decades, provided service excellence to its clients with its wide array of products and services suited to the needs of its diverse clientele. Through the years, RCBC continues its commitment to offer innovative banking solutions that are relevant and beneficial to various market segments. As part of its goal …

Hong Kong—Boeing said Chinese companies have agreed to buy 300 jets and build an aircraft assembly plant in China. The deals, worth about $38 billion, were signed during Chinese President Xi Jinping’s visit to the United States.

Los Angeles—Bob Rand bought his Volkswagen Passat last year for its clean emissions and high gas mileage. He liked the car so much that he convinced his son and a friend to buy one, too.

United Nations—With the bang of a gavel, international leaders approved an ambitious 15-year plan to tackle the world’s biggest problems, from eradicating poverty to preserving the planet to reducing inequality. Now comes the tough part: Drumming up support and money to achieve the goals and transform the world.

Mina, Saudi Arabia—Saudi Arabia faced new accusations of neglect in the hajj disaster that killed over 700 people, the second tragedy at this year’s pilgrimage overseen by the kingdom’s rulers who base their legitimacy, in part, on protecting Islam’s holiest sites.