News

McDonald's Philippines eyes hiring 'close to 20,000' this year

ABS-CBN News
Feb 11 07:02 PM

McDonald’s will open “Go Hire Day” hubs in several locations where service crew and manager trainee applicants can go through “fast-tracked” application process, the operator said in a statement.  Read more »

AirAsia debuts Cebu-Macau flights

ABS-CBN News
Feb 11 04:53 PM

Flights from Cebu-Macau and vice versa will operate daily, AirAsia said in a statement.    Read more »

Phoenix Petroleum eyes expansion in Asia Pacific region

ABS-CBN News
Feb 11 03:52 PM

The company also plans to acquire a 40 percent stake in Tanglawan Philippine LNG Inc and a 60 percent stake in Liwanag Philippine Property Management Inc.  Read more »

iWant partners with Globe, Smart to stream free shows, films

ABS-CBN News
Feb 11 03:27 PM

Mobile subscribers of Globe and Smart can avail of their respective promos to stream iWant’s original shows and movies. Read more »

SM Prime's net income up 17 percent in 2018

ABS-CBN News
Feb 11 01:35 PM

SM Prime Holdings on Monday said its consolidated net income rose 17 percent in 2018 to P32.2 billion from P27.6 billion the previous year. Read more »

Petrolyo may taas-presyo sa Martes

ABS-CBN News
Feb 11 01:03 PM | Updated Feb 11 07:27 PM

Ilang kompanya ng langis ang nag-anunsiyo na magkakaroon sila ng taas-presyo sa kanilang mga produkto simula Martes, Pebrero 12. Read more »

US team in Beijing for trade talks

Agence France-Presse
Feb 11 12:07 PM

Deputy trade representative Jeffrey Gerrish would lead the US delegation in preparatory meetings to begin on Monday, the White House has said. Read more »

UnionBank bets on digital users for growth

ABS-CBN News
Feb 11 10:53 AM | Updated Feb 11 11:13 AM

Unionbank recorded the highest transaction volume on PesoNet, which services multiple lenders, despite ranking 9th in the industry based on assets, Bautista said. Read more »

Australia watchdog tips tough rules to curb power of Google, Facebook

Agence France-Presse
Feb 11 10:05 AM

The head of Australia's competition watchdog warned Monday that tough new regulation of tech giants like Google and Facebook was needed to protect the future of independent journalism. Read more »

Traffic-weary urban dwellers fuel Honestbee growth in Philippines

ABS-CBN News
Feb 11 09:59 AM | Updated Feb 11 11:07 AM

At the height of the gridlocks in the fourth quarter, consumers found that having groceries delivered was more cost effective since they save on gas and parking fees, said honestbee Managing Director Crystal Gonzalez. Read more »

BDO unit to acquire Bulacan rural bank in Central Luzon expansion

ABS-CBN News
Feb 11 09:31 AM

BDO unit One Network Bank Inc signed an agreement with the Rural Bank of Pandi Inc to acquire its banking business, BDO told the stock exchange. Read more »

Avoid Being Broke from Valentine’s Day

Aneth Ng-Lim
Feb 11 09:14 AM | Updated Feb 16 09:50 AM

Now we all want a memorable Valentine’s Day, but not if you end up in debt the day after. And with starving children around the world, spending billions to create romance for a day…it just doesn’t feel right.  Read more »

Asian shares in tight range ahead of US-China trade talks

Swati Pandey, Reuters
Feb 11 08:22 AM

MSCI's broadest index of Asia-Pacific shares outside Japan was a tad weaker after it was toppled from a four-month top on Friday. Trading volumes are expected to be thin with Japan on public holiday, while Chinese markets reopen after a week-long break for the Lunar New Year holiday. Read more »

Amazon boss Bezos case exposes billionaires' vulnerability to hackers

Luc Olinga, Agence France-Presse
Feb 11 08:18 AM | Updated Feb 11 10:44 AM

Jeff Bezos came out fighting this week, accusing the National Enquirer of blackmailing him with lurid pictures of him and his mistress, and pre-empting the threat to publish by releasing details of the images himself. Read more »

DOT greenlights operation of 9 more hotels in Boracay

ABS-CBN News
Feb 10 04:05 PM | Updated Feb 11 03:04 AM

The approval is seen as measure to augment the island's capacity ahead of the expected influx of tourists this coming summer. Read more »

Japan to provide funding for Mindanao road project

Chrislen Bulosan, ABS-CBN News
Feb 10 03:53 PM

Japan will lend the Philippines $202 million to build roads in conflict-affected areas in Mindanao. Read more »

Gushing profits for oil majors on crude price

Julien Mivielle, Agence France-Presse
Feb 10 02:33 PM

The world's top energy companies booked enormous profits last year thanks to higher oil prices and keeping a tight lid on spending, even if that risked limiting their medium-term production capacity. Read more »

Senator wants electricity VAT removed to slash power rates

ABS-CBN News
Feb 10 12:39 PM

Senator Bam Aquino has filed a bill seeking to remove value-added tax (VAT) on electric distribution to lower prices of power. Read more »

#WalangKuryente: Power interruption sa Luzon sa Pebrero 11-17

ABS-CBN News
Feb 10 11:56 AM

Ilang lugar sa Metro Manila, Batangas, Bulacan, Cavite, Laguna at Rizal province ang makararanas ng pansamantalang pagkawala ng kuryente ngayong linggo, ayon sa Meralco. Read more »

High-stakes US-China trade talks resume as deadline approaches

Heather Scott, Agence France-Presse
Feb 10 11:26 AM

With a March 1 deadline fast approaching, US and Chinese officials resume negotiations next week to prevent escalation of a trade dispute that has major implications for the global economy. Read more »

Trump's World Bank pick, an ally for the lender's critics?

Douglas Gillison, Agence France-Presse
Feb 10 11:14 AM

President Donald Trump's choice to lead the World Bank is a firebrand critic of the world's largest anti-poverty lender -- an institution he has called wasteful, corrupt and overly generous to China.  Read more »

LIST: The giant Chinese companies shaping the world's industries

Julien Girault, Agence France-Presse
Feb 09 06:50 PM | Updated Feb 09 11:14 PM

Here are some of areas in which Chinese companies control a large piece of the global market. Read more »

Oil price hike inaasahan sa Martes

ABS-CBN News
Feb 09 05:10 PM

Kasunod ng bahagyang rollback noong nakaraang Martes, may oil price hike na naman sa susunod na linggo. Read more »

US-China trade talks resume next week, to focus on intellectual property

Jeff Mason, Reuters
Feb 09 11:54 AM

US negotiators are preparing to press China next week on longstanding demands that it reform how it treats American companies' intellectual property in order to seal a trade deal that could prevent tariffs from rising on Chinese imports. Read more »

Business Mentor: Overcoming Anxiety in Business

Armando Bartolome
Feb 09 09:49 AM

You dreamed for a long time about owning your own business. But now that you are about to start to make your dreams a reality, you struggle with doubts. Read more »