News

What tourists, businesses need to know about Boracay dry run, opening

Davinci Maru, ABS-CBN News
Oct 16 03:46 AM

MANILA - As Boracay began its partial reopening on Monday, the government said it will strictly enforce the compliance of business establishments to ensure the success of its dry run. Read more »

Presyo ng baboy, inaasahang tataas sa Disyembre

ABS-CBN News
Oct 16 03:06 AM | Updated Oct 16 06:32 AM

Asahan na raw ang mataas na presyo ng baboy sa Disyembre. Read more »

Danish conglomerate boss says Pinoys think like Europeans

ABS-CBN News
Oct 15 11:38 PM

Danish conglomerate Connovate forays into the Philippine construction scene as it partners with Emma Imperial's Imperial Homes Corp.  Read more »

DICT ready to defend 3rd telco selection process against Now Telecom

ABS-CBN News
Oct 15 11:29 PM

The government is ready to defend its selection process for the new major telco player, despite continued legal provocations from one of the prospective bidders, Now Telecom.  Read more »

PH shares sink below 7,000 anew

ABS-CBN News
Oct 15 11:27 PM

Philippine shares put up a good fight for most of the day as renewed trade war fears spark heavy selling in Asia. Read more »

Sears, once a retail titan, files for Chapter 11 bankruptcy

Tracy Rucinski and Tom Hals, Reuters
Oct 15 09:48 PM

Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday with a plan to close 142 more stores, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet shopping. Read more »

Iranian crude exports fall further as Trump's sanctions loom

Alex Lawler, Reuters
Oct 15 09:13 PM

Turkey and Italy are the last buyers of Iranian crude outside China, India and the Middle East, according to tanker data and an industry source, the latest sign that shipments are taking a major hit from looming US sanctions. Read more »

IRRI, Corteva ink agreement on rice research as firm launches in Asia Pacific

Tarra Quismundo, ABS-CBN News
Oct 15 08:32 PM

The International Rice Research Institute (IRRI) and agricultural firm Corteva Agriscience on Monday signed an agreement that would support rice breeding research to bring innovation from laboratory to farm faster as part of efforts to ensure food security amid population growth and climate change. Read more »

Presyo ng manok tumaas, ibang bilihin bumaba sa ilang pamilihan

ABS-CBN News
Oct 15 08:05 PM

Tumaas ang presyo ng manok sa ilang pamilihan sa Metro Manila habang bumaba naman ang presyo ng baboy, gulay, isda at ilang klase ng bigas. Read more »

Grupo di kontento sa pagsuspende ng dagdag-buwis sa langis

ABS-CBN News
Oct 15 07:54 PM | Updated Oct 15 10:07 PM

Hindi kontento ang mga militanteng grupo sa pagsuspende ng gobyerno sa dagdag-buwis sa langis para sa susunod sa taon bilang hakbang upang makaagapay ang mga konsumer sa taas-presyo ng mga bilihin.  Read more »

Cash remittances from overseas Filipinos down 0.9 pct in August: BSP

ABS-CBN News
Oct 15 06:49 PM

Cash remittances from overseas Filipinos reached $2.5 billion in August, lower by 0.9 percent compared to the same month last year, the central bank said Monday. Read more »

Are you still paying with cash?

Aneth Ng-Lim
Oct 15 04:25 PM

In our country of some 106 million Filipinos, less than 5 percent own credit cards and the rest continue to pay their transactions with cash. Read more »

HSBC appoints new CEO for Philippine operations

ABS-CBN News
Oct 15 03:46 PM

FitzGerald will replace Wick Veloso, who is leaving the group to pursue other endeavors. Read more »

Iconic US retailer Sears files for Chapter 11 bankruptcy

Tracy Rucinski and Tom Hals, Reuters
Oct 15 02:58 PM | Updated Oct 15 03:48 PM

Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, throwing into doubt the future of the century-old retailer that once dominated US malls but has withered in the age of internet shopping. Read more »

Danish firm Connovate forays into PH affordable housing sector

Cathy Yang, ABS-CBN News
Oct 15 01:56 PM | Updated Oct 15 04:59 PM

Danish conglomerate Connovate has forayed into the Philippine construction scene using a technology that could help build “more refined” affordable housing. Read more »

Presyo ng mga bilihin, bumaba sa Kamuning Market

ABS-CBN News
Oct 15 01:51 PM

Bumaba nitong Lunes ang presyo ng ilang pangunahing bilihin sa ilang pamilihan sa Metro Manila. Read more »

Megaworld to build 4th residential development in Uptown Bonifacio

ABS-CBN News
Oct 15 01:48 PM

The 45-storey Uptown Arts Residence will rise near the proposed Skytrain Uptown Station and Mega Manila Subway. Read more »

Cashalo banks on data science to provide credit to the unbanked

ABS-CBN News
Oct 15 12:32 PM | Updated Oct 17 10:33 PM

The Gokongwei group's financial technology venture Cashalo was using technology to help unbanked Filipinos get access to credit, it's general manager said Monday. Read more »

Ayala launches second renewable energy platform in Vietnam

ABS-CBN News
Oct 15 10:55 AM

Ayala Corp on Monday said its subsidiary AC Energy has signed an Energy Performance Certificate (EPC) and financing documents to build its second renewable energy platform on Vietnam. Read more »

JP Morgan and Ford cancel plans for Saudi investor event

Reuters
Oct 15 09:25 AM

JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi. Read more »

Brexit deal vital to European security: London

Agence France-Presse
Oct 15 09:12 AM

Securing a Brexit deal will be vital for European security, British Foreign Secretary Jeremy Hunt said Monday, ahead of a week of crucial talks.  Read more »

Dagdag-buwis sa langis na nakatakda sa Enero 2019, suspendido

ABS-CBN News
Oct 14 07:23 PM | Updated Oct 14 08:03 PM

Sinuspende ng gobyerno ang pagpapatupad ng ikalawang bugso ng excise tax o buwis sa langis, na nakatakda sana sa susunod na taon, bilang tugon sa isyu ng inflation, kinumpirma nitong Linggo ng Department of Finance. Read more »

Senators ask Duterte to suspend further increase in fuel excise taxes

ABS-CBN News
Oct 14 06:33 PM

Majority senators have asked President Rodrigo Duterte to suspend the second tranche of fuel excise taxes under the Tax Reform for Acceleration and Inclusion (TRAIN) law. Read more »

Grupo ng mga panadero tiniyak na di magtataas-presyo ang tinapay

ABS-CBN News
Oct 14 05:58 PM | Updated Oct 14 08:37 PM

Hindi magtataas ang presyo ng Pinoy tasty at pandesal hanggang sa pagtatapos ng 2018, tiniyak nitong Linggo ng mga manufacturer ng tinapay. Read more »

World Bank offers disaster-hit Indonesia $1 bn in loans

Agence France-Presse
Oct 14 04:23 PM

The World Bank on Sunday announced funding of up to $1 billion for Indonesia after it was rocked by a string of recent disasters, including a deadly earthquake-tsunami that killed thousands. Read more »