Tracks of time: Hong Kong’s trams survived, Manila’s didn’t

Hong Kong’s century-old tram system remains a beloved, affordable way to traverse the city, while Manila’s once-thriving tranvía exists only in history books.  More than 160 double-decker trams operate along a 13-kilometer (8-mile) track on Hong Kong Island, stretching from Kennedy Town to Shau Kei Wan. Rides cost just HK$3 (P22.15) for adults, with six […]


Global gold rush in October: Central banks buy, Phl sells

Global central banks recorded net gold purchases of 60 tons in October, the highest monthly total in 2024, according to the latest data from the World Gold Council (WGC). The surge in buying was led by India, Turkey, and Poland. In contrast, the Philippines emerged as a significant seller during the period, offloading approximately 5 […]