Business | ABS-CBN News

PH budget deficit rises to P133 billion in August

ABS-CBN News
Sep 27 04:35 PM

The government's budget deficit climbed to P133 billion in August 2023, but the fiscal gap from Jan. to Aug. this year was still lower than last year's, the Treasury Bureau said. Read more »

AI boom is a moment of upskilling: BPI exec

ABS-CBN News
Sep 27 03:12 PM | Updated Sep 27 04:53 PM

An official from the BPI said the boom of artificial intelligence is an opportunity for workers to upskill. Read more »

HONOR launches new phones, tablet to tap into younger market

Benise Balaoing, ABS-CBN News
Sep 27 12:18 PM

HONOR Philippines has launched new phones for students and young professionals. Read more »

Marcos signs law seeking to address employment woes

ABS-CBN News
Sep 27 11:18 AM | Updated Sep 27 11:39 AM

President Ferdinand Marcos Jr. on Wednesday signed a new law that will serve as the country's master plan for employment generation and recovery. Read more »

Aboitiz Renewables inks deal for Samar wind farm

ABS-CBN News
Sep 27 10:16 AM

The project is expected to commence construction in the fourth quarter of this year, with commercial operations targeted to begin in Q1 2025. Read more »

Marcos Jr. tinanggihan ang panukalang 'rice tariff reduction'

ABS-CBN News
Sep 27 06:31 AM

Tinanggihan ni Pangulong Ferdinand Marcos Jr. ang panukalang ‘Rice Tarriff Reduction’. Read more »

Marcos Jr. thumbs down rice tariff reduction

ABS-CBN News
Sep 27 02:06 AM | Updated Sep 27 08:48 AM

Philippine President Ferdinand Marcos Jr. rejected a proposal to reduce tariffs on imported rice. Read more »

Philippine shares close higher as traders welcome changes to main index

ABS-CBN News
Sep 26 11:59 PM

The Philippine Stock Exchange outperformed its regional peers as investors welcomed changes to the main index. Read more »

Trust key to wider adoption of digital finance: stakeholder

Andrea Taguines, ABS-CBN News
Sep 26 09:53 PM

A BDO official said gaining the public’s trust is key to the wider adoption of digital financial services and greater financial inclusion. Read more »

Marcos rejects proposal to cut rice import tariffs: Palace

Job Manahan, ABS-CBN News
Sep 26 08:42 PM

President Ferdinand Marcos, Jr. has rejected proposals to reduce rice import tariffs, saying it was not the right time. Read more »

Uri ng palay na kayang mabuhay kahit tagtuyot, baha isinusulong

ABS-CBN News
Sep 26 08:16 PM

Isinusulong ngayon ng International Rice Research Institute ang mga variety o uri ng palay na kayang mabuhay kahit tagtuyot o lubog sa baha. Read more »

DSWD eyes expanding implementation of ‘digital ayuda’

Jekki Pascual, ABS-CBN News
Sep 26 05:57 PM

The DSWD is pushing for the expansion of "digital ayuda" or the digitalization of social protection programs to make them more inclusive and quicken aid distribution. Read more »

Megaworld to build condo with EV charging facility

ABS-CBN News
Sep 26 05:01 PM

Megaworld said it is building a residential condominium unit in Metro Manila with an electric vehicle charging facility. Read more »

IBM eyes AI training for 2 million people worldwide

ABS-CBN News
Sep 26 04:54 PM

IBM said it hopes to train 2 million people worldwide within the next three years to help them gain skills in using artificial intelligence (AI). Read more »

Ilang bilihin na 'di sakop ng SRP, tuloy ang taas-presyo

ABS-CBN News
Sep 26 04:54 PM | Updated Sep 26 07:14 PM

Sa kabila ng apela ng gobyerno na itigil muna ang dagdag-presyo, tuloy ang pagsipa ng presyo ng ilang pangunahing bilihin na hindi sakop ng SRP. Read more »

More employees, companies talking about AI on LinkedIn: official

ABS-CBN News
Sep 26 04:45 PM

Conversations about artificial intelligence (AI) have increased on career development platform LinkedIn, a company official said. Read more »

Holcim Philippines to delist from PH Stock Exchange

ABS-CBN News
Sep 26 04:30 PM

Cement manufacturer Holcim Philippines may delist soon from the Philippine Stock Exchange. Read more »

SC petition vs Maharlika may affect biz confidence: ex-envoy

Andrea Taguines, ABS-CBN News
Sep 26 04:20 PM

A former ambassador said the Supreme Court petition filed against the Maharlika Investment Fund may make investors think twice before betting on it. Read more »

Google turns 25: How the search giant changed the world

Reuters
Sep 26 03:37 PM

Google, the world’s most popular search engine currently valued at $1.7 trillion, is turning 25. Read more »

BSP has some 'tough decisions' to make: Moody's Analytics

Michelle Ong, ABS-CBN News
Sep 26 10:31 AM

Moody's Analytics sees more headwinds for the Philippine economy, saying the central bank could be forced to hike rates again this year. Read more »

ChatGPT AI getting chatty with voice prompts

Agence France-Presse
Sep 26 10:09 AM

The company behind ChatGPT on Monday said it is adding voice and image capabilities to the generative artificial intelligence (AI) platform long limited to written prompts. Read more »

Bill seeking refund for internet outages hurdles House

Lyza Aquino, ABS-CBN News
Sep 26 09:37 AM | Updated Sep 26 11:34 AM

The House of Representatives has approved a bill mandating telcos and internet providers to institute refund mechanisms for service outages. Read more »

LIST: Top 10 highest-paying jobs in PH according to PSA

ABS-CBN News
Sep 26 08:40 AM | Updated Sep 26 09:15 AM

The highest-paid workers in the Philippines were paid an average monthly wage rate of P135,363 in 2022, according to the PSA. Read more »

Feeling cheated with medical bills? Here are some ways to ease the pain

Aneth Ng-Lim
Sep 26 08:00 AM

Next time you find yourself in a hospital, with you or a family member or a friend as patient, here are some ways to ease the shock of medical bills. Read more »

PH shares stay in positive territory; close at 6,172

ABS-CBN News
Sep 25 11:55 PM

The Philippine Stock Exchange kicked off the trading week in positive territory. Read more »