ABS-CBN News

Business

December exports fall 3 pct on sluggish global demand

MANILA - Exports in December 2015 fell 3 percent to $4.66 billion from $4.8 billion in the same period last year.
 

Unemployment rate drops, SWS says

Sa huling bahagi ng 2015, pinakamababa ang bilang ng mga walang trabaho mula noong 2005. 

PH inks multilateral agreement for unlimited flights to ASEAN cities

Travelling to other Asian cities will soon be easier on the pocket.

PH inks multilateral agreement for unlimited flights to ASEAN cities

Travelling to other Asian cities will soon be easier on the pocket.

Slow Internet speed not a setback for this tech firm

Slow internet speed is one of the challenges faced by tech companies, but for Bjorn Pardo, founder and chief executive officer of e-commerce startup Xend, slow internet in the Philippines is no excuse for loyal tech firms to stop expanding.

PNoy OKs DBP-Land Bank merger

MANILA - President Benigno Aquino III has signed Executive Order No. 198 approving the merger of the Development Bank of the Philippines (DBP) and Land Bank of the Philippines.

Invest in PLDT or Globe? Analyst offers advice

AB Capital Securities Equity Analyst Alex Tiu cites the difference in business strategies PLDT and Globe employ in the digital space. 

DOTC chief is 'boss' for sea transport security

MANILA - President Benigno Aquino III has signed Executive Order No. 197 designating the secretary of the Department of Transportation and Communications (DOTC) as the authority responsible for the security of sea transport and maritime infrastructure in the country.

BSP: Foreign debt prepayments more than double in 2015

Philippine borrowers prepaid more debt to foreign creditors as the peso continued to weaken against the US dollar and at the same time to take advantage of low interest rates.

Coffee prices may go up as supply struggles to meet demand

Climate change has also posed a serious problem in coffee supply around the world and caffeine addicts may have to shell out more for a premium cup.