Business | ABS-CBN News

Robinsons' REIT eyes more assets to boost dividends

Jessica Fenol, ABS-CBN News
Sep 27 12:25 PM

Robinsons' RL Commercial REIT seeks more opportunities to acquire office assets to further boost dividend yield, its director Lance Gokongwei said. Read more »

Crypto exchange Huobi to clean up existing mainland clients by end-2021

Reuters
Sep 27 11:09 AM

Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations. Read more »

BSP seen to hasten rate hikes in 2022: Fitch Solutions

ABS-CBN News
Sep 27 10:46 AM

The Bangko Sentral ng Pilipinas is likely to implement faster key policy rate hikes in 2022 up to a total of 75 basis points, Fitch Solutions said Monday. Read more »

Dealer ng gulay umaray sa pagdami ng imported carrots

ABS-CBN News
Sep 27 09:42 AM | Updated Sep 27 09:50 AM

Mas malaki raw, mas makinis at mas mura ang mga carrots mula sa China. Read more »

Bank of China pledges to end funding for foreign coal mining and power plants

Echo Xie, South China Morning Post
Sep 26 08:44 AM

Bank of China is the first state-owned commercial bank to make such a pledge after President Xi Jinping's recent speech to the UN. The Chinese leader promised the country would stop building overseas coal-fired plants. Read more »

Evergrande’s carmaking unit to suspend some new energy vehicle projects

Enoch Yiu, South China Morning Post
Sep 26 08:22 AM

Evergrande Auto’s share price plunged 23 percent on Friday, down 97 percent from its peak in February. The company’s parent Evergrande, the world’s most indebted developer, has US$300 billion in total liabilities. Read more »

Huawei’s Meng Wanzhou lands in China to hero’s welcome

Zhou Xin and Yujie Xue, South China Morning Post
Sep 26 07:57 AM

China's state media has portrayed the return of Meng Wanzhou as a sign of a strong, resilient country and a diplomatic victory for Beijing. Read more »

Fast-food crew noon, food truck owner sa Canada ngayon

Sherwin Tinampay, ABS-CBN News
Sep 25 11:41 PM

Matagumpay na food truck business owner na ngayon sa Edmonton si Rhogie Reyes na nagsimula bilang service crew noon sa isang food chain sa Pilipinas. Read more »

Ika-5 sunod na price hike asahan sa Setyembre 28

ABS-CBN News
Sep 25 04:59 PM

Maglalaro sa P0.50-P0.60 ang taas-presyo sa kada litro ng gasolina; nasa P0.80-P0.90 naman kada litro ang inaasahang taas-presyo sa diesel. Read more »

Tutuban dinarayo na para sa Christmas decors

ABS-CBN News
Sep 25 03:39 PM | Updated Sep 26 09:33 PM

Dinarayo na ang mga pamilihan ng Christmas decorations sa Tutuban sa Maynila. Read more »

BSP backs measure for protection vs cybercrime

ABS-CBN News
Sep 25 10:41 AM | Updated Sep 25 10:42 AM

The Bangko Sentral ng Pilipinas (BSP) on Saturday said it supports a Senate measure that aims to protect financial customers from cybercrime. Read more »

Huawei executive freed in Canada after deal

Don MacKinnon with Nicolas Revise, Agence France-Presse
Sep 25 08:13 AM

Chinese telecoms executive Meng Wanzhou was freed Friday after house arrest in Canada following an agreement with the US to suspend her fraud charges. Read more »

How entrepreneurs can overcome their struggles

Armando Bartolome
Sep 25 08:00 AM

It’s hard when our thoughts are divided between moving forward and holding back. Read more »

Dim climate among PH businesses in 3Q of 2021

ABS-CBN News
Sep 25 02:39 AM

A pessimistic climate prevailed among Philippine businesses in the third quarter of this year. Read more »

Should you get a supplementary credit card?

Moneymax.ph
Sep 24 07:21 PM

If you own a credit card, you can apply for a supplementary credit card from your provider para meron ding credit card ang loved ones mo. The question is, dapat ka bang mag-apply ng supplementary credit card? Answer these questions first so you can make an informed decision. Read more »

China's central bank: Crypto transactions are illegal

Agence France-Presse
Sep 24 07:16 PM

China's central bank on Friday said all financial transactions involving cryptocurrencies are illegal. Read more »

Meralco, Maynilad, Manila Water may installment sa naipong bills

ABS-CBN News
Sep 24 06:52 PM | Updated Sep 24 10:22 PM

May alok na installment ang Meralco, Maynilad at Manila Water para sa mga di pa mabayaran ang naipong lockdown bills. Read more »

Businesses more pessimistic in Q3: BSP survey

Warren De Guzman, ABS-CBN News
Sep 24 06:08 PM

Businesses have turned pessimistic while consumers' outlook was less pessimistic as shown in the latest business and consumer expectation surveys. Read more »

Cebu Pacific seeks 'consistency' in domestic travel rules

Jessica Fenol, ABS-CBN News
Sep 24 05:57 PM

Cebu Pacific is betting on domestic tourism to boost operations in Q4 while urging the government to explore fewer restrictions on local travel for fully vaccinated, its president and CEO Lance Gokongwei said Friday. Read more »

Digital bank GOTyme eyes mid-2022 launch

Jessica Fenol, ABS-CBN News
Sep 24 04:35 PM | Updated Sep 24 07:29 PM

JG Summit CEO Lance Gokongwei said Friday the group hopes to launch its digital bank GoTyme by the middle of next year. Read more »

GCash, BPI to work closer amid digital competition: JAZA

Warren de Guzman, ABS-CBN News
Sep 24 04:34 PM

Jaime Augusto Zobel de Ayala said GCash and BPI have been instrumental in each others’ success and this collaboration will become more apparent over time. Read more »

Thousands flock opening of Jollibee's first store in Spain

ABS-CBN News
Sep 24 01:40 PM

Thousands of customers lined up during the opening of Jollibee's first store in Spain with some showing up as early as 10 p.m. the previous day, the country's largest restaurant operator said Friday. Read more »

IKEA PH tests online store; official launch coming soon

Jessica Fenol, ABS-CBN News
Sep 24 12:31 PM | Updated Sep 24 12:33 PM

IKEA Philippines on Friday said its website is open for online shopping but there could be “difficulties” as it refines operations during the test run. Read more »

SM Prime says to build monorail project in Pasay

ABS-CBN News
Sep 24 09:36 AM

SM Prime Holdings on Friday said it has submitted an unsolicited proposal to develop a monorail project in Pasay City in December last year. Read more »

Twitter courts influencers with bitcoin tips, NFT craze

Agence France-Presse
Sep 24 08:28 AM

Twitter on Thursday began allowing high-profile users to get tips in bitcoin as the network steps up its wooing of the content creators essential to drawing crowds online. Read more »