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Top US officials arrive in China for trade talks as deadline looms

Ben Blanchard, Reuters
Feb 12 09:03 PM

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are scheduled to hold talks with Chinese Vice Premier Liu He, top economic adviser to President Xi Jinping. Read more »

Dissecting Data: Trade deficit narrows in Dec but widens to record in 2018

ABS-CBN News
Feb 12 08:50 PM

The Philippines' trade deficit narrowed to a three-month low in December last year. But the $41.4 billion trade gap booked for the whole of 2018 was also the widest on record. Read more »

Elevated segment of NLEX Harbor Link to open this month: DPWH

ABS-CBN News
Feb 12 08:44 PM

The 5.65-km NLEX Harbor Link Segment 10 is expected to ease travel between key areas of Metro Manila and northern Luzon via the NLEX. Read more »

Smart meters may kaakibat na taas-singil sa kuryente: ERC

ABS-CBN News
Feb 12 08:29 PM

Posibleng tumaas ang singil sa kuryente ng Meralco kapag pinalitan ng "smart meters" ang mga kasalukuyang metro. Read more »

China calls US concerns over Huawei 'groundless'

Agence France Presse
Feb 12 07:17 PM

China called the latest US warning against using Huawei equipment "groundless" on Tuesday, as the Chinese telecom giant faces espionage fears in a growing number of countries. Read more »

My Puhunan: Sugar-free desserts at business tips para sa nahihirapan sa negosyo

ABS-CBN News
Feb 12 07:03 PM | Updated Feb 12 07:21 PM

Narito ang isang business idea para sa mga gusto ng healthy desserts at business inspiration para sa mga nawawalan ng loob na magnegosyo. Read more »

Globe net income up 22 percent in 2018

Michelle Ong and Bruce Rodriguez, ABS-CBN News
Feb 12 01:57 PM | Updated Feb 12 02:22 PM

Consolidated service revenues totaled P132.9 billion in 2018 or 10 percent higher year-on-year driven by data-related services across all business segments, Globe said in a disclosure to the stock exchange. Read more »

December trade deficit narrows to 3-month low as imports dive

Reuters
Feb 12 01:14 PM

In December, imports dived 9.4 percent to $8.5 billion, their largest decline in more than 6 years. Read more »

Honestbee pushes virtual grocery carts in smartphone country Philippines

Joel Guinto, ABS-CBN News
Feb 12 11:30 AM

Gonzalez heads the Philippine operations of honestbee, a Southeast Asian grocery and food delivery platform where smartphone-wielding and traffic-weary Filipinos fueled 700-percent year on year growth at the end of 2018. Read more »

Megaworld to grow mall footprint with 11 new properties

ABS-CBN News
Feb 12 11:19 AM

The "biggest chunk" of new retail space will be in Uptown Bonifacio, the developer said in a statement. Read more »

Wilcon Depot to open more stores this year

ABS-CBN News
Feb 12 10:55 AM | Updated Feb 12 11:27 AM

After opening its second store in Davao this month, Wilcon Depot will open 2 more stores in Mindanao, one in Visayas and 5 more in Luzon, said senior vice president Rosemarie Bosch-Ong. Read more »

Asia at 'forefront' of US-China trade war fallout: ING

ABS-CBN News
Feb 12 10:35 AM | Updated Feb 12 10:56 AM

Financial markets will also monitor world oil prices, elections in other Asian countries and policy moves by the Federal Reserve, said ING Bank head of research for Asia Pacific Rob Carnell. Read more »

Roxas blames 'policy failure' on rice for price spikes

ABS-CBN News
Feb 12 10:17 AM | Updated Feb 12 10:33 AM

The government should have imported rice earlier to avoid price spikes in the staple grain, which could have ripple effect on other commodities, Roxas said. Read more »

Global stocks mostly rise on US-China trade talks as dollar gains

Agence France-Presse
Feb 12 08:09 AM

European and Asian bourses pushed higher at the start of trade talks in Beijing before a March 1 deadline that could lead to additional US tariffs if a deal is not reached. Read more »

CEOs call for laws to protect US 'Dreamers'

Agence France-Presse
Feb 12 07:46 AM

More than 100 corporate leaders and other prominent figures on Monday called on US lawmakers to protect immigrants brought illegally to the United States as children. Read more »

UK posts slowest growth in six years as Brexit looms

Ben Perry, Agence France-Presse
Feb 12 07:34 AM | Updated Feb 12 08:18 AM

The British economy grew at its slowest pace in 6 years in 2018, data showed Monday, as Brexit uncertainty grips the country and fears grow that Britain could crash out of the EU without a deal. Read more »

Rice industry groups urge Duterte to veto rice tariff bill

ABS-CBN News
Feb 12 12:04 AM

Rice industry groups made a last-ditch effort to persuade President Rodrigo Duterte to veto the rice tariffication bill, which they say would kill the local sector. Read more »

Dissecting Data: FDI net inflows slow for 4th straight month in November

ABS-CBN News
Feb 11 11:57 PM

The net foreign direct investment (FDI) inflows to the Philippines in the first 11 months of 2018 went down by 3.2 percent. Read more »

UnionBank bets on digital users for growth

ABS-CBN News
Feb 11 11:51 PM

Easing inflation will bode well for the Philippine banking industry this year. Read more »

PH shares dip amid inflows from net foreign buying

ABS-CBN News
Feb 11 11:49 PM

Philippine shares dip as the rest of Asia also watch out for developments from the US-China trade talks in Beijing. Read more »

Gov't selling stake in NLEX, SCTEX operator

ABS-CBN News
Feb 11 10:17 PM

The government is selling 76,000 common shares in the Tollways Management Corp, which operates the North Luzon Expressway and the Subic-Clark-Tarlac Expressway. Read more »