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BRAND NEWS

'Virtual store' for gov't procurement set for nationwide rollout

ABS-CBN News
Sep 19 11:51 AM

Agencies using the Procurement Service-Philippine Government Electronic Procurement System or PS-PhilGEPS can use electronic wallets for payment, with deliveries within 3 days for agencies in Metro Manila, the DBM said in a statement. Read more »

Peso steady as gov't seen defending currency

ABS-CBN News
Sep 19 10:52 AM

Bangko Sentral ng Pilipinas Governor Nestor Espenilla's announcement that he would take a 2-week long medical leave starting Wednesday did not appear to affect the exchange rate. Read more »

Investors 'positive' on PH despite caution on inflation

ABS-CBN News
Sep 19 10:50 AM

Potential investors still regard Filipinos' English language capability, said ICC Venture Partners senior managing director William Valtos Jr. Read more »

US consumers may bear brunt of Trump's tariffs

Delphine Touitou
Sep 19 10:18 AM

Shampoo and furniture. Vacuum cleaners, handbags and mobile phones. Half of everything Americans buy from China will by Monday be subject to 10 percent levies, rising to 25 percent about 3 months later. Read more »

Cryptocurrency exchanges at risk of manipulation: US report

Anna Irrera, Reuters
Sep 19 09:58 AM

The New York Attorney General found that online platforms where virtual currencies such as bitcoin can be bought and sold by individuals operate with lower safeguards than traditional financial markets, are vulnerable to market manipulation and put customer funds at risk. Read more »

Cebu Landmasters says IPO funds used in full

ABS-CBN News
Sep 19 09:49 AM

Cebu Landmasters is "committed to the fast turnaround strategy," said its president and CEO, Jose Soberano. Read more »

Global markets take trade war escalation in stride

Agence France-Presse
Sep 19 08:18 AM

European stocks only briefly turned lower after China retaliated to the latest US sanctions, while Wall Street stocks spent the entire day in the green, viewing the latest escalation of the US-China trade war as less consequential than feared. Read more »

Apple escapes China tariff hit for now, but threats loom

Rob Lever, Agence France-Presse
Sep 19 08:13 AM | Updated Sep 19 08:14 AM

US officials on Monday slapped the tariffs on $200 billion of Chinese imports, but skipped consumer electronics like smartwatches and Bluetooth devices, in a reprieve for firms like Apple and fitness tracker maker Fitbit. Read more »

SC junks BIR bid to collect P3 billion from Shell, Petron

ABS-CBN News
Sep 19 03:56 AM

MANILA - The Supreme Court (SC) has thumbed down a petition filed by the Bureau of Internal Revenue (BIR) that seeks to collect around P3 billion in alleged tax liabilities from oil giants Pilipinas Shell Corp. and Petron Corp. Read more »

Tinapay liliit dahil sa pagtaas ng presyo ng mga sangkap

ABS-CBN News
Sep 19 03:00 AM

Nagmahal na rin ang sangkap sa paggawa ng tinapay. Read more »

Kakaibang French toast at milkshakes, patok sa social media

ABS-CBN News
Sep 19 01:09 AM

Millennial couple, utak sa likod ng binabalik-balikang food business. Read more »

Maagang pamaskong handog sa isang millennial nanay

ABS-CBN News
Sep 19 01:03 AM

Anong sorpresa ang naghihintay sa isang millennial nanay? Read more »

PH shares fall back to 7,200

ABS-CBN News
Sep 18 11:03 PM

Philippine shares succumbed to another sell-off and underperformed in Asia, with the Philippine Stock Exchange index falling to its lowest level in over a month. Read more »

China slaps retaliatory tariffs on $60-B of US goods

Reuters
Sep 18 10:55 PM

China will levy tariffs on about $60 billion worth of US goods in retaliation for new U.S tariffs, as previously planned, but has reduced the volume of tariffs that it will collect on the products. Read more »

PH to be upper-middle income country in 2019, Pernia says

ABS-CBN News
Sep 18 10:52 PM

The World Bank defines upper-middle income countries as having a per capita income of $3,896 to $12,055. Read more »

DTI hinikayat ang maagang paghahanda para sa Pasko

ABS-CBN News
Sep 18 09:15 PM | Updated Sep 18 11:03 PM

Hinikayat ang publiko na magsimula nang mamili para sa mga ihahanda sa darating na Pasko dahil sa pinangangambahang pagtaas ng presyo ng mga bilihin. Read more »

Ferrari quietly revs up for mostly hybrid cars by 2022

Agence France-Presse
Sep 18 09:10 PM

Most of the cars made by Ferrari will be hybrid petrol-electric by 2022, the Italian sports car manufacturer said on Tuesday, including its first SUV. Read more »

Renault-Nissan-M'bishi alliance ties up with Google on in-car services

Kyodo News
Sep 18 09:09 PM

The Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. alliance said Tuesday it has teamed up with Google to offer advanced information services from 2021 using the US tech giant's operating system. Read more »

Arroyo House allies overrule budget panel, realign P51.7-B in next year's budget

RG Cruz, ABS-CBN News
Sep 18 08:00 PM | Updated Sep 18 11:15 PM

Lawmakers realigned P51.7 billion in funds to disaster risk reduction, programs of the Department of Health, programs of the Department of Health, various road and other infrastructure projects across different regions. Read more »

Presyo ng gulay sa ilang pamilihan, higit doble na ang itinaas

ABS-CBN News
Sep 18 07:54 PM | Updated Sep 19 07:53 PM

Posible raw magdulot ng taas-presyo ng gulay sa Metro Manila ang pagkasira ng mga taniman ng gulay sa mga pinagkukuhanang supplier. Read more »

Ferrari quietly revs up for mostly hybrid cars by 2022

Agence France-Presse
Sep 18 07:53 PM

Most of the cars made by Ferrari will be hybrid petrol-electric by 2022, the Italian sports car manufacturer said on Tuesday, including its first SUV. Read more »

Cebu Pacific resumes partial operations in Tuguegarao to aid relief efforts

ABS-CBN News
Sep 18 05:47 PM

Its subsidiary CebGo mounted one round trip flight from Manila to Tuguegarao on Tuesday (Sept. 18) while another recovery flight was set for Wednesday (Sept. 19), Cebu Pacific said in a statement. Read more »

Filipino-Chinese bakers group says members won't raise bread prices 'for now'

Willard Cheng, ABS-CBN News
Sep 18 05:12 PM

The Filipino-Chinese Bakery Association Inc (FCBAI) on Tuesday said its members will not raise prices of bread and other products "for now" while they can still control costs. Read more »