Business | ABS-CBN News

Samsung chief faces corruption verdict

Agence France-Presse
Jan 18 01:24 PM

The de facto chief of South Korea's Samsung business empire faces the verdict Monday in his retrial over a sprawling corruption scandal, a ruling that could see him jailed for years, depriving the tech giant of its top decision-maker.   Read more »

China's Q4 GDP growth beats forecast after COVID-19 shock

Reuters
Jan 18 11:23 AM

China's economy grew at a faster-than-expected pace in the fourth quarter of last year, ending a rough coronavirus-striken 2020 in remarkably good shape and remained solidly poised to expand further this year. Read more »

5 Things to Ask When Buying A Home

Aneth Ng-Lim
Jan 18 10:54 AM

If you are dreaming of moving to a less chaotic suburb or province, here are five things you have to check with the real estate agent or with the property owner before you even schedule an inspection visit. Read more »

Major firms urge Japan to bolster 2030 renewables goal

Agence France-Presse
Jan 18 10:01 AM

Major firms including Sony, Panasonic and Nissan on Monday urged the Japanese government to make its 2030 renewable energy target twice as ambitious. Read more »

Asia shares step back, await China economic update

Reuters
Jan 18 10:00 AM

SYDNEY - Asian share markets retreated from highs on Monday as disappointing news on U.S. consumer spending tempered risk sentiment ahead of a closely-watched reading on the health of the Chinese economy. Read more »

How to invest in real estate in the Philippines

Moneymax.ph
Jan 18 08:59 AM

If you think you have a good shot of making it big, don’t buy your first real estate property just yet. It’s time to strategize first.   Read more »

Branson's Virgin Orbit reaches space for first time

Agence France-Presse
Jan 18 07:10 AM

WASHINGTON - Richard Branson's Virgin Orbit project on Sunday successfully flew a rocket into space from the wing of a 747 plane, paving the way for a new method of launching low-cost satellites.   Read more »

Higit 500,000 bagong negosyo nairehistro sa kabila ng pandemya: DTI

ABS-CBN News
Jan 17 06:41 PM | Updated Jan 17 11:14 PM

Sa kabila ng pandemya, higit 500,000 bagong negosyo ang nairehistro sa bansa, ayon sa Department of Trade and Industry. Read more »

After dizzying gyrations, what's bitcoin really worth?

Joseph Sotinel, Agence France-Presse
Jan 17 02:06 PM

After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won't go away: how much is bitcoin actually worth? Read more »

WhatsApp postpones privacy changes; HK experts say outcry already evolved into crisis of confidence

Phila Siu, South China Morning Post
Jan 17 10:06 AM

WhatsApp says users will now have until May, rather than next month, to decide whether to consent to new data-sharing terms. But Hong Kong experts say the move is unlikely to stem the exodus of users, even if there are ‘not many privacy issues with the new policy’. Read more »

Britain to host G-7 summit in June

Kyodo News
Jan 17 10:04 AM

The British government said Saturday it will host a summit of leaders from the Group of Seven industrialized nations from June 11 to 13 in Cornwall, in the southwest of the country. Read more »

Pagkakasya ng budget sa harap ng mga taas-presyo, problema para sa ilang mamimili

ABS-CBN News
Jan 16 08:18 PM

Hirap din ang ilang consumer kung ano ang bibilhin dahil sabay-sabay na nagtaasan ang presyo ng mga bilihin.    Read more »

Stellantis is born as Peugeot, Fiat complete their merger

Taimaz Szirniks, Agence France-Presse
Jan 16 04:44 PM

Ranking behind global rivals such as Volkswagen, Renault-Nissan-Mitsubishi and Toyota, Stellantis will be the fourth-largest automaker by volume and the third-largest by revenue. Read more »

PH, China ink $940-million Subic-Clark railway contract

ABS-CBN News
Jan 16 04:26 PM | Updated Jan 16 10:05 PM

In a statement, Ambassador Huang Xilian estimated that the construction of the 71-kilometer, single-track railway would take 3 and a half years.   Read more »

Nasa P1 na price hike sa petrolyo nagbabadya sa Enero 19

ABS-CBN News
Jan 16 04:03 PM

Ito umano ay dahil sa pagmahal ng produktong petrolyo sa world market. Read more »

Limitasyon sa paglabas ng mga bata nakaapekto na rin sa ilang negosyo

ABS-CBN News
Jan 16 03:19 PM

At dahil walang bata sa mga lansangan, napilitang magsara ang ilan sa mga negoyong karamihan ay bata ang kustomer.  Read more »

Business Mentor: Important lessons to keep your business afloat

Armando Bartolome
Jan 16 08:00 AM

I like to believe that 2021 will help us all get back on our feet after the difficulties of 2020. Read more »

SMEs told to coordinate with DTI for COVID-19 vaccines

Ina Reformina, ABS-CBN News
Jan 15 09:51 PM

MANILA - Small and medium enterprises (SMEs) seeking to get COVID-19 vaccines for their employees can coordinate with the Department of Trade and Industry (DTI), vaccine czar Sec. Carlito Galvez, Jr. said Friday. Read more »

Ilang kompanya gusto pang humabol sa AstraZeneca vaccine deal

ABS-CBN News
Jan 15 07:53 PM

Aabot umano sa 50 kompanya ang mga gusto pang humabol at um-order ng bakuna.  Read more »

Group urges gov't to vaccinate 11 million farmers vs COVID-19 using meat tariff funds

ABS-CBN News
Jan 15 05:40 PM

MANILA - An agricultural group on Friday urged the government to vaccinate around 11 million farmers against COVID-19 using funds from its collection of deboned meat tariff.   Read more »

DTI backs easing pandemic age restriction on going out

ABS-CBN News
Jan 15 04:24 PM

The Department of Trade and Industry said on Thursday it supports gradually easing of age restrictions down to 10 years old to boost the economy, which the COVID-19 pandemic dragged into recession.   Read more »

PH dollar reserves up to $109.8 billion in December: BSP

ABS-CBN News
Jan 15 03:42 PM

MANILA - The country's gross international reserves (GIR) for the whole year of 2020 rose to $109.8 billion in December, up $4.98 billion from $104.82 billion the month earlier.   Read more »

MerryMart to start delivering in bulk by April via 'wholesale club'

ABS-CBN News
Jan 15 03:39 PM

MerryMart Consumer Corp will deliver in bulk by April, as it is now opening membership for its new wholesale club. Read more »

Manila Water-Tubig Pilipinas consortium bags water supply deal in San Jose, Nueva Ecija

ABS-CBN News
Jan 15 02:28 PM

A consortium of Manila Water Philippine Ventures and Tubig Pilipinas Group bagged a water supply and sanitation project in San Jose, Nueva Ecija to provide for the water requirements in the area. Read more »

92 pct of workplaces followed COVID-19 protocols last year: DOLE

ABS-CBN News
Jan 15 02:22 PM

Around 92 percent of workplaces followed protocols to prevent the spread of COVID-19, the Department of Labor and Employment said on Friday.    Read more »