File photo MANILA - The number of German firms operating in the Philippines saying their business is in a "good situation" has increased based on the World Business Outlook (WBO) Spring 2022 survey of the German-Philippine Chamber of Commerce and Industry (GPCCI). About 47 percent of the surveyed respondents said the current situation of their business in the Philippines is "good", higher than the 32 percent in the previous WBO Fall survey in 2021. Around 43 percent of the German firms here considered their business situation in the Philippines "satisfactory". In the WBO Spring Survey 2022, there is a significant decline in the number of enterprises that said their business is currently in a "bad" situation. From a high of 36 percent in the Spring and Fall survey in 2020 to 29 percent in Spring 2021 and 20 percent in Fall 2021, those who considered their business is in a "bad" situation fell to 10 percent in the latest poll. "The i
The war between Russia and Ukraine, the world's third and fourth largest grain exporters respectively, has added to food price inflation and the danger of food scarcity.
LONDON - In underground vaults near Ukraine's battlefields, the genetic code for nearly 2,000 crops is in danger of being permanently destroyed. The risk came into sharp focus earlier this month when a research facility near Ukraine's national seed bank was damaged, according to Crop Trust, a non-profit organisation set up by the United Nations (UN) Food and Agriculture Organisation..
The banks have become increasingly vital to ensuring enough food is produced each season to feed 7.9 billion people as the world s weather becomes more extreme.