Business Page 5 | ABS-CBN News

Biz groups say no to proposed P150 wage hike

Jekki Pascual, ABS-CBN News
Sep 15 05:08 PM | Updated Sep 15 06:51 PM

Big business groups in the Philippines said they were opposing the proposed P150 minimum wage hike as it could trigger inflation. Read more »

Cash remittances reach $2.99 billion in July

ABS-CBN News
Sep 15 04:13 PM

Cash remittances from overseas Filipinos grew again in July. Read more »

Marcos names new Clark Int'l Airport Corp boss

Job Manahan, ABS-CBN News
Sep 15 03:01 PM

President Ferdinand Marcos, Jr. has appointed Arrey Perez as the new president and CEO of the Clark International Airport Corp., the Palace said. Read more »

6 Philippine firms make it to TIME's best companies list

Benise Balaoing, ABS-CBN News
Sep 15 02:42 PM

Six Philippine companies landed on TIME magazine's list of World's Best Companies of 2023. Read more »

Agri group says lower import tariffs won't guarantee rice supply

ABS-CBN News
Sep 15 12:52 PM

Lowering tariffs on imported rice is not a guarantee that the Philippines will get more of its supply, a group said. Read more »

US casino operators Caesars and MGM hit by cyberattacks

Agence France-Presse
Sep 15 11:06 AM

Caesars said hackers acquired data from some loyalty program members, after MGM Resorts revealed it was grappling with a cybersecurity issue. Read more »

Gov't gets applications for Maharlika fund managers: DOF

ABS-CBN News
Sep 15 10:51 AM | Updated Sep 15 11:07 AM

Several applications have been submitted for the board of directors of the Maharlika Investment Corp. Read more »

Global stocks rise on Arm trade debut as 'dovish' ECB hike hits euro

Agence France-Presse
Sep 15 10:51 AM

Global stock markets rose while the Euro slid after the European Central Bank signaled its latest interest rate hike could be its last. Read more »

How Filipinos can get out of debt

ABS-CBN News
Sep 15 10:49 AM

How can Filipinos get out of debt? Read more »

New Monetary Board member sworn in

ABS-CBN News
Sep 15 10:28 AM

Formern Finance Undersecretary Romeo Bernardo has been sworn in as the newest member of the Monetary Board. Read more »

DOE predicts 11th week of oil price hikes

ABS-CBN News
Sep 15 08:21 AM

Brace yourselves, Kapamilya. The DOE is predicting another round of oil price increases next week, making it 11 straight weeks of pump price hikes. Read more »

Philippine shares close higher at 6,208

ABS-CBN News
Sep 14 11:17 PM

Philippine shares swung to positive territory as a possible US Fed rate hike seems less likely. Read more »

Rise in August inflation print does not warrant interest rate hike: BSP chief

ABS-CBN News
Sep 14 11:12 PM

The Bangko Sentral ng Pilipinas is not keen on implementing an interest rate hike despite a recent spike in headline inflation. Read more »

PH expects to import rice 'much less' than USDA projection: DA

Vivienne Gulla, ABS-CBN News
Sep 14 09:14 PM | Updated Sep 15 10:53 AM

The Philippines is projected to take over China as world’s top rice importer, according to the latest report of the United States Department of Agriculture. Read more »

Presyo ng sili higit P600/kilo sa ilang pamilihan

ABS-CBN News
Sep 14 07:37 PM

Pumalo sa higit P600 kada kilo ang presyo ng sili sa ilang pamilihan. Read more »

SRA: Sugar harvest 'okay' so far despite El Niño

Job Manahan, ABS-CBN News
Sep 14 06:24 PM

The sugar harvest is going well despite projections that El Niño could slash production, the Sugar Regulatory Administration said. Read more »

Los Banos mayor hopes festival will help small businesses

ABS-CBN News
Sep 14 05:51 PM

The mayor of Los Banos, Laguna is hoping their annual festival will help bring in more tourists to their town. Read more »

IBM eyes ‘coopetition’ as it pushes watsonx AI platform

Art Fuentes, ABS-CBN News
Sep 14 05:05 PM

IBM officials said the company is ready to cooperate with other firms that offer competing AI solutions even as it pushes its own artificial intelligence platform. Read more »

DTI hihilingin sa manufacturers na 'wag munang magtaas-presyo

ABS-CBN News
Sep 14 04:53 PM | Updated Sep 14 10:28 PM

Inihayag ng DTI na pupulungin nito ang mga manufacturer para pakiusapan na huwag munang galawin ang presyo ng mga pangunahing bilihin. Read more »

BSP urges more banks to remove fees on small transactions

Andrea Taguines, ABS-CBN News
Sep 14 04:42 PM | Updated Sep 14 05:09 PM

The Bangko Sentral encouraged more banks to remove fees for small bank-to-bank transactions. Read more »

BSP chief: Recent inflation uptick doesn't warrant rate hike

Andrea Taguines, ABS-CBN News
Sep 14 04:13 PM

Bangko Sentral Governor Eli Remolona said he did not believe the recent uptick in inflation would warrant an interest rate hike. Read more »

Globe offers postpaid users easy way to switch gadgets

ABS-CBN News
Sep 14 03:57 PM

Globe postpaid customers can now easily switch their gadgets without waiting for the end of their contract period. Read more »

Uni-tiis: Manufacturers pinapaliit ang produkto imbes magtaas ng presyo

ABS-CBN News
Sep 14 01:09 PM

Nagbabadyang tumaas pa ang presyo ng mga bilihin pati pamasahe sa pagtatapos ng taon. Read more »

Marcos Jr. sees 'more opportunities' between PH, Singapore

Job Manahan, ABS-CBN News
Sep 14 12:34 PM | Updated Sep 14 04:52 PM

During his roundtable meeting with Singaporean businessmen on Thursday, Marcos said the relationship between the two countries would not change anytime soon. Read more »

Filipino restaurant Mesa may be in US by next year: COO

ABS-CBN News
Sep 14 11:58 AM

Mesa may soon be opening outside the Philippines. Read more »