Business | ABS-CBN News

Time for fresh look at China’s unique global donor-borrower role: report

Linda Lew, South China Morning Post
Nov 21 12:58 PM | Updated Nov 21 06:13 PM

While bringing ample benefits, China’s growing contributions and influence in global organizations like the World Bank and the United Nations should be reconsidered, a new report on China’s international engagement has concluded. Read more »

Presyo ng Pinoy Tasty, Pinoy Pandesal ‘di tataas hanggang katapusan ng taon

ABS-CBN News
Nov 20 03:10 PM

Hindi magtataas ang presyo ng Pinoy Pandesal at Pinoy Tasty hanggang sa katapusan ng taon. Read more »

Ika-3 sunod na rollback sa petrolyo asahan sa Nob. 23

ABS-CBN News
Nov 20 03:00 PM

Sa ika-3 sunod na linggo ay magkakaroon muli ng rollback sa produktong petrolyo, ayon sa mga taga-industriya. Read more »

Major outage hits Converge

ABS-CBN News
Nov 20 01:57 PM | Updated Nov 20 04:39 PM

In a statement, Converge said some subscribers may be experiencing "connectivity issues" starting 12:12 of November 20. Read more »

Business Mentor: Graceful retirement

Armando Bartolome
Nov 20 09:03 AM

When planning their "golden years," people's biggest mistake is assuming they will still feel young and healthy when they retire. Read more »

IKEA PH bets on ‘decluttering’ to boost PH sales

Jessica Fenol, ABS-CBN News
Nov 20 09:00 AM

IKEA is betting on Filipinos who find joy in “decluttering” and beautifying their homes to boost sales of its Pasay City store during the COVID-19 pandemic, its country manager Georg Platzer said Friday. Read more »

PSEi closes lower for 3rd straight day, but analysts upbeat

ABS-CBN News
Nov 20 02:56 AM

Stock analysts remain upbeat about the PSE index even as it closes lower for a third straight day. Read more »

Philippines to reopen borders to foreign tourists

ABS-CBN News
Nov 20 02:54 AM

The Philippines to reopen its borders to foreign tourists. Entry protocols for inbound travelers will also be relaxed. Read more »

'Mga uuwing OFWs sa Disyembre maaaring pumalo ng 100K'

ABS-CBN News
Nov 19 08:54 PM

Inaasahang dadami ang uuwing overseas Filipino worker ngayong Pasko kumpara noong 2020. Read more »

ALAMIN: Bagong int'l quarantine, travel restrictions ng PH

ABS-CBN News
Nov 19 08:16 PM | Updated Nov 24 08:16 AM

Paiikliin na rin mula Nobyembre 22 ang quarantine period para sa mga galing sa yellow at green list na bansa. Read more »

ADB OKs $600-M loan to boost PH health care program

Jessica Fenol, ABS-CBN News
Nov 19 04:41 PM

The Asian Development Bank on Friday said it approved a $600 million policy-based loan to aid the country’s health care program. Read more »

China, Russia mull developing coal deposits in Russia

Laura Zhou, South China Morning Post
Nov 19 01:38 PM

Beijing and Moscow are discussing long-term contracts to jointly develop coal deposits in Russia, the country’s deputy prime minister has said. Read more »

Holcim inks deal for on-site solar power plants

ABS-CBN News
Nov 19 11:49 AM

Holcim Philippines said Friday it signed a 20-year power purchase agreement with renewable energy firm Blueleaf Energy for its plants in Bulacan and La Union. Read more »

The Keepers Holdings raises P4.5 billion in follow-on offering

ABS-CBN News
Nov 19 11:44 AM

The liquor company of Lucio Co, The Keepers Holdings, raised P4.5 billion in follow-on offering. The distributor of imported spirits is focused on the “premium niche” such Johnny Walker, Chivas Regal and Jose Cuervo brands, among others. Read more »

Malampaya issues 'political', baseless: Udenna president

ABS-CBN News
Nov 19 09:57 AM

Issues hounding Udenna's Malampaya deals were politically-motivated and baseless, Udenna President Raymundo Martin Escalona said. Read more »

Unilever sells tea arm, including Lipton, for $5.1B

Agence France-Presse
Nov 19 08:51 AM

British consumer goods group Unilever on Thursday said it had agreed to sell its global tea business, including brands Lipton and PG Tips, for 4.5 billion euros ($5.1 billion). Read more »

Amazon to end Visa card payments in UK over high fees

Agence France-Presse
Nov 19 08:38 AM

Online retail giant Amazon said it plans to stop accepting payments in the UK made with Visa credit cards, blaming the move on high fees. Read more »

Alibaba sees annual growth slowing sharply as consumption lags

Josh Horwitz and Subrat Patnaik, Reuters
Nov 19 08:24 AM

China's Alibaba forecast annual revenue to grow at its slowest pace since its 2014 stock market debut as second-quarter results missed expectations due to slowing consumption, increasing competition and a regulatory crackdown. Read more »

Dyson delivers virtual reality in new twist to home shopping

Paul Sandle, Reuters
Nov 19 08:20 AM

Dyson, best known for its revolutionary bagless vacuum cleaners, will enable customers to test its hairdryers, straighteners and stylers from the comfort of their home through virtual reality Read more »

PCC urged to look into possible collusion on pork prices

April Rafales, ABS-CBN News
Nov 19 12:01 AM

Quimbo then said the EO lowering the tariff for pork imports may have been a mistake since the government lost revenues and yet did not achieve its target lower pork prices. Read more »

BSP keeps rates unchanged

ABS-CBN News
Nov 18 11:35 PM

The Philippine Stock Exchange Index fell below the 7,300 level even as the Bangko Sentral ng Pilipinas retained its loose monetary policy. Read more »

PH presidential bets lay out campaign plans before business sector

ABS-CBN News
Nov 18 11:02 PM

Prominent candidates in the Philippine presidential race shared their proposed government programs as they face business community leaders in a forum. Read more »

Hydrogen powered Changi airport?

Roslan Rahman, AFP
Nov 18 09:43 PM

A couple stands on a bridge next to the Rain Vortex in Changi Jewel in Singapore on Thursday. Read more »

Cebu Pacific adds flights to 6 domestic destinations

ABS-CBN News
Nov 18 09:11 PM

Cebu Pacific is ramping up flights to 6 domestic destinations namely, Boracay, Bohol, Cebu, Cagayan de Oro, Davao, and General Santos. Read more »

During COP26, Facebook had climate falsehoods ads

Elizabeth Culliford, Reuters
Nov 18 08:32 PM

Facebook advertisers promoted false claims about climate change on the platform in recent weeks, just as the COP26 conference was getting underway. Read more »