News

Globe: Isyu sa Huawei, 'di dapat ipangamba

ABS-CBN News
May 25 03:07 PM

MAYNILA - Pinawi ng Globe Telecom ang agam-agam ng customers nitong gumagamit ng Huawei matapos na i-blacklist ng United States ang kumpanya. Read more »

Business Mentor: Skills that make a company successful

Armando Bartolome
May 25 08:12 AM

Human resource professionals look for more than learned skills when hiring employees.    Read more »

Mga Pinoy hinikayat na kumuha ng microinsurance

ABS-CBN News
May 25 01:47 AM

Malaking tulong umano ito lalo't marami ang apektado tuwing may bagyo at iba pang kalamidad sa bansa. Read more »

Senate to open plenary debate on tobacco sin tax next week

ABS-CBN News
May 24 11:22 PM

With only two weeks left before the current Philippine Congress closes, the Senate will try to pass a measure that aims to increase cigarette taxes.    Read more »

Finance dept targets P3.7 trillion spending in 2019

ABS-CBN News
May 24 11:18 PM | Updated May 24 11:19 PM

Philippine economic managers gunning for higher government spending this year even amid the delay in the passage of the 2019 national budget. Read more »

PH shares notch 1st weekly gain in almost a month

ABS-CBN News
May 24 11:15 PM

Despite more upbeat news on US-China trade relations, Philippine shares end the day down, but notch their first weekly gain in almost a month. Read more »

Grab to give away P7 million worth of promos for 7th anniversary

ABS-CBN News
May 24 10:59 PM

Ride-hailing firm Grab said Friday it will give away more than P7 million worth of rewards for its upcoming 7th anniversary.   Read more »

China denounces US 'rumors' about Huawei ties to Beijing

Reuters
May 24 05:38 PM | Updated May 24 07:06 PM

The United States placed Huawei on a trade blacklist last week, effectively banning US firms from doing business with the world's largest telecom network gear maker and escalating a trade battle between the world's two biggest economies. Read more »

Razon secures MWSS approval for bulk water project

ABS-CBN News
May 24 04:11 PM | Updated May 24 11:31 PM

Prime Infra's Wawa Bulk Water Supply project is expected to generate over 500 million liters per day of supply by 2025. At least 80 mld will be available to East Zone consumers of Manila Water as early as 2021, the MWSS said in a statement.    Read more »

China's tech 'Long March' could be road to nowhere

Dan Martin, Agence France-Presse
May 24 03:47 PM

A closer look reveals that while China is adept at assembling foreign technologies into commercially successful products at home, its ability to innovate remains deeply hampered, tech experts said. Read more »

GCash now allows donations to cause oriented groups

ABS-CBN News
May 24 03:27 PM

The electronic wallet provider partnered with Bantay Kalikasan, Haribon Foundation, World Wildlife Fund for Nature and the Forest Foundation Philippines for GCash for Good.   Read more »

Airport fees travelers should remember

Moneymax.ph
May 24 02:52 PM

Whether you’re traveling abroad or domestic, you need to have a budget to pay for flights, accommodation, and airport fees. The latter may be heavy on the pocket, so don’t forget to plan for that. Read more »

PCC reminds San Miguel of notification requirement for Holcim deal

ABS-CBN News
May 24 02:27 PM

As of Friday, May 24, SMC have not issued a notification for a mandatory merger review, the Philippine Competition Commission (PCC) said in a statement. Read more »

Huawei’s European customers on hold due to US ban

Amie Tsang and Adam Satariano, The New York Times
May 24 02:25 PM

The move by Google this week to cut off Android support to phones made by Huawei, the Chinese telecom giant, will hobble their European users and highlights how deeply the Continent relies on US and Chinese companies for gadgets, apps and internet services.   Read more »

Philippines to reclaim growth momentum with spending 'catch-up': finance chief

ABS-CBN News
May 24 01:25 PM

The "carefully crafted and bold" program aims to keep full year growth above 6 percent, said Dominguez, the head of President Rodrigo Duterte's economic team. Read more »

SpaceX launches first satellites for Musk's Starlink internet service

Joey Roulette, Reuters
May 24 11:12 AM | Updated May 24 12:21 PM

High-tech entrepreneur Elon Musk's SpaceX company launched a Falcon 9 rocket from Florida on Thursday on a mission to carry the first batch of 5 dozen small satellites into low-Earth orbit for his new Starlink internet service. Read more »

Cigarette tax hike must be 'reasonable,' says Japan Tobacco PH boss

ABS-CBN News
May 24 11:06 AM | Updated May 24 11:08 AM

Japan Tobacco International Philippines president and general manager Manos Koukourakis said the House bill "increases tobacco taxes in a reasonable and predictable way." Read more »

Senate to do 'best effort' on tobacco tax hike: Sotto tells Dominguez

ABS-CBN News
May 24 10:35 AM | Updated May 24 10:46 AM

Finance Sec. Carlos Dominguez was notified in a caucus that the Senate did not have enough time to double the current P32 tobacco tax over 5 years, Senate President Tito Sotto said Friday. Read more »

Gov't posts budget surplus in April as spending falls

ABS-CBN News
May 24 10:29 AM

The government posted a P86.9-billion budget surplus in April, as spending dropped by 15 percent due to the delay in the passage of this year's budget that also dragged economic growth, the Bureau of the Treasury said Friday. Read more »

More business deals seen in Duterte's Japan trip

ABS-CBN News
May 24 09:23 AM | Updated May 24 09:38 AM

Around 100 Filipino businessmen will join the trip, with deals expected in real estate, power and retail, said JJ Soriano, secretary general of the Philippines-Japan Economic Cooperation Community. Read more »

China's trade war weapon: Minerals used for iPhones, missiles

Keith Bradsher, The New York Times
May 24 09:05 AM | Updated May 24 09:26 AM

China’s command of the rare-earth market could give Beijing a way to strike back at Trump as he raises tariffs and deprives Chinese companies of the technology they need to survive.  Read more »

Breakup isn't the answer, Facebook's Zuckerberg says

Agence France-Presse
May 24 08:43 AM

Zuckerberg's co-founder's defense of the leading social network came as it reported it recently disabled billions of bogus accounts set up by "bad actors" and that five percent of active accounts are likely fakes. Read more »

Global stocks dive in 'perfect storm' as oil slumps

Agence France-Presse
May 24 08:20 AM

World stock markets and oil prices slumped Thursday in a "perfect storm" of Europe elections, fresh economic gloom, the China-US trade war, and beleaguered Prime Minister Theresa May's decision to delay another key Brexit vote. Read more »

FAA tells UN panel it expects Boeing 737 MAX approval by June: sources

Allison Lampert, Reuters
May 24 08:16 AM

US Federal Aviation Administration (FAA) representatives told members of the United Nations' aviation agency they expect approval of Boeing Co's 737 MAX jets to fly in the United States as early as late June, 3 people with knowledge of the matter said, although there is no firm timetable for the move. Read more »

Trump says 'dangerous' Huawei could be included in US-China trade deal

Doina Chiacu and Stella Qiu, Reuters
May 24 08:08 AM

President Donald Trump said on Thursday US complaints against Huawei Technologies Co Ltd might be resolved within the framework of a US-China trade deal, while at the same time calling the Chinese telecommunications giant "very dangerous." Read more »