News

Outlook on property, infra, consumer 'positive,' says ATRAM

ABS-CBN News
Aug 13 10:49 AM

ATR Asset Management is "still quite positive: on property, infrastructure and consumer stocks, said its head of equities Julian Tarrobago.  Read more »

Empty shipyard and suicides as 'Hyundai Town' grapples with grim future

Hyunjoo Jin and Heekyong Yang, Reuters
Aug 13 08:54 AM

Ulsan is declining as it reels now reeling from Chinese competition, rising labor costs and its over-reliance on Hyundai - one of the giant, family-run conglomerates or chaebol that dominate South Korea. Read more »

Asia shares, euro pressured by Turkish crisis

Wayne Cole, Reuters
Aug 13 08:52 AM

Japan's Nikkei lost 0.95 percent and MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.3 percent as bourses across the region turned red. Read more »

Can You Storm-Proof Your Wallet?

Aneth Ng-Lim
Aug 13 08:28 AM

If you’re one of many who suffered being stuck in traffic for hours these recent weeks, or had to walk from knee-high to waist-high floodwaters as we experienced one monsoon or typhoon after another, you’re not only wasting time or risking your health. Your wallet is also taking a beating. Read more »

Trump backs boycott of Harley Davidson in steel tariff dispute

Reuters
Aug 13 03:23 AM

WASHINGTON - U.S. President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc. on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel. Read more »

House OKs revised rice tariffication bill on 2nd reading

ABS-CBN News
Aug 12 09:29 PM

The House of Representatives has approved on second reading the Revised Agricultural Tariffication Act, a bill seeking to remove quantitative restrictions on rice imports. Read more »

TESDA graduates, maaaring makahiram ng pampuhunan

ABS-CBN News
Aug 12 06:53 PM

Hangad ng TESDA na maikonekta ang kanilang graduates sa bangko para makahiram ang mga ito ng perang pansimula sa negosyo. Read more »

Business groups back calls to weigh cost of federalism

ABS-CBN News
Aug 12 06:12 PM

The business groups said they are also concerned about the "ambiguous provisions" in the draft charter on the division of revenue and expenditure responsibilities between the federal and regional governments. Read more »

LIST: Cancelled flights due to bad weather

ABS-CBN News
Aug 12 05:37 PM | Updated Aug 12 07:34 PM

CebGo cancelled several domestic flights on Sunday due to heavy rainfall brought by the southwest monsoon. Read more »

Kahit maulan, daan-daan dumalo sa 'Build, Build, Build' job fair

ABS-CBN News
Aug 12 02:24 PM | Updated Aug 12 08:25 PM

Hindi nagpatinag sa masamang panahon ang daan-daang aplikanteng tumungo sa job fair ng "Build, Build, Build" program nitong Linggo sa SMX Convention Center, Pasay City. Read more »

Turkey is a 'target of economic war,' Erdogan says

Humeyra Pamuk, Reuters
Aug 12 06:23 AM

Speaking after US President Donald Trump doubled tariffs on Turkish steel and aluminium imports, Erdogan described Friday's 18 percent fall in the lira to a record low as the "missiles" of an economic war waged against Turkey. Read more »

World Bank to issue world's first blockchain bond

Agence France-Presse
Aug 12 12:17 AM

More than just funds, the World Bank aims to gain experience using blockchain -- a digital public registry of transactions -- that could lead to "a golden future" for financial services for developing nations. Read more »

Oil price hike inaasahan sa Martes

ABS-CBN News
Aug 11 09:03 PM

Mayroong nakaambang kaunting oil price hike simula sa susunod na linggo. Read more »

My Puhunan 5th anniversary special sa La Union

ABS-CBN News
Aug 11 12:32 PM

Para sa huling bahagi ng My Puhunan 5th anniversary special, tampok ang negosyong ubasan sa "Fruit Basket of the North", ang La Union. Read more »

Business Mentor: Myths About Starting a Business

Armando Bartolome
Aug 11 08:48 AM

If there is one thing that stops an individual from starting his own business, that would be the fear of not completely understanding how things work. Instead of taking that plunge and believing in oneself, some individuals are blinded by a few myths about starting a business. Read more »

Gaming tycoon Kazuo Okada proclaims innocence in Hong Kong graft probe

Kyodo News
Aug 11 05:45 AM

Japanese gaming tycoon Kazuo Okada, arrested late last month by Hong Kong's anti-corruption agency over corruption allegations, proclaimed his innocence through a statement issued Friday by his company, Aruze Gaming. Read more »

Pagbili ng Grab sa Uber, pinayagan na ng PCC

ABS-CBN News
Aug 11 02:17 AM

Pinayagan na ng Philippine Competition Commission ang pagbili ng Grab sa Uber. Read more »

PH shares snap 4 weeks of gains

ABS-CBN News
Aug 11 12:17 AM

Local stocks held quite well amid the negative risk events but the peso weakened despite the higher rates from the Bangko Sentral ng Pilipinas. Read more »

Energy dep't pushes Euro 2-compliant diesel to help curb inflation

Vivienne Gulla, ABS-CBN News
Aug 10 08:17 PM | Updated Aug 11 12:21 AM

MANILA (UPDATED) - The Department of Energy (DOE) on Friday directed oil industry players to offer Euro 2-compliant diesel as fuel option for the transport and industry sector in a bid to ease inflation. Read more »

Grab applauds anti-trust body for approving Uber deal

ABS-CBN News
Aug 10 07:18 PM

Ride-hailing firm Grab on Friday thanked the Philippines' anti-trust body for approving Grab's acquisition of the Southeast Asia operations of rival Uber and "recognizing the legality" of the deal.   Read more »

Lower tariffs on basic food items to fight inflation 'nonsensical,' says ex-DTI official

ABS-CBN News
Aug 10 06:26 PM

MANILA - Lowering tariffs on basic food items to address temporary inflation is nonsensical since it would hurt farmers, an advocate said Friday.  Read more »

Duterte to visit Israel with business delegation in September: Ambassador

Willard Cheng, ABS-CBN News
Aug 10 05:20 PM | Updated Aug 14 02:01 PM

President Rodrigo Duterte will be visiting Israel for a 3-day official visit beginning Sept. 2 accompanied by a large business delegation, Israel Ambassador to the Philippines Effie Ben Matityau said Friday.  Read more »

China's new online cosmetics stars: men

Pak Yiu and Danni Zhu, Agence France-Presse
Aug 10 03:28 PM

Online beauty stars form an enormous industry in China, with internet celebrities known as "wang hong," or online stars, blurring the line between entertainment and e-commerce. Read more »

Advantages and Disadvantages of Borrowing from a Private Lender

MoneyMax.ph
Aug 10 03:02 PM

Private lenders include non-bank companies and individuals that provide short-term personal loans. Filipinos who can’t qualify for bank loans often turn to these lenders to cover urgent financial needs. Read more »

Grab-Uber gets antitrust watchdog's approval with conditions

ABS-CBN News
Aug 10 01:51 PM | Updated Aug 10 03:22 PM

The Philippine Competition Commission on Friday allowed the Grab and Uber merger effective immediately under conditions of better service, justifiable fare surges and lower cancellation rates. Read more »