News

PLDT, Globe to roll out 5G network in PH

ABS-CBN News
Apr 11 11:46 PM

The Philippines' so-called telco duopoly is in a tight race to roll out 5G technology this year. Read more »

PH shares fall off near 3-week high

ABS-CBN News
Apr 11 11:43 PM | Updated Apr 11 11:57 PM

The lingering Brexit worries are also affecting investor sentiment in Asia. Read more »

BPO sector must ‘reinvent itself’ to survive AI shift, Roxas says

Katrina Domingo, ABS-CBN News
Apr 11 11:19 PM | Updated Apr 11 11:53 PM

The government must allow the business process outsourcing industry to update incentives packages to help the sector survive the digitalization shift, the senatorial candidate said.   Read more »

Luzon grid placed under red alert for 2nd straight day

ABS-CBN News
Apr 11 10:34 PM

The Luzon grid is placed under red alert for the second straight day. Read more »

BPI restores payroll services, online and mobile banking

ABS-CBN News
Apr 11 09:32 PM | Updated Apr 12 01:02 AM

MANILA (2nd UPDATE)—Bank of the Philippine Islands said it has restored some services that became temporarily unavailable due to a recent systems upgrade. Read more »

Saudi oil cuts deeper than promised: IEA

Agence France-Presse
Apr 11 06:37 PM

Saudi Arabia has slashed its oil production by more than promised as part of a pact to boost oil prices, the International Energy Agency said Thursday, while warning of mixed signals for global demand. Read more »

Millennials hurt most by middle class squeeze: report

Agence France-Presse
Apr 11 04:17 PM

The OECD found that with each successive generation fewer and fewer are making it into the middle class, which is defined as having between 75 and 200 percent of the median national income. Read more »

3M to expand further in PH, with or without incentives says president

Cathy Yang, ABS-CBN News
Apr 11 03:46 PM

Consumer and industrial goods manufacturer 3M is aiming to further expand its business in the Philippines and hire more people despite uncertainties over fiscal incentives in the proposed corporate tax reforms.  Read more »

Cebu Pacific issues advisory for peak travel season

ABS-CBN News
Apr 11 02:53 PM | Updated Apr 11 03:26 PM

The Philippines' largest airline also urged passengers to use the online and mobile check-in systems to save time as the company expects an influx of travelers in the coming weeks.  Read more »

PLDT taps Cisco for 5G transport network infrastructure

Jessica Fenol, ABS-CBN News
Apr 11 01:27 PM

Cisco will build the 5G transport network using PLDT's existing fiber facilities, company officials said during an event that launched the partnership. Read more »

3-in-1 na kape, asin, lalagyan na ng SRP: DTI

ABS-CBN News
Apr 11 12:20 PM | Updated Apr 11 01:08 PM

Isasama na sa listahan ng mga produktong may suggested retail price o SRP ang asin at 3-in-1 coffee, ayon sa Department of Trade and Industry. Read more »

Gokongwei's URC to open first baking school

ABS-CBN News
Apr 11 12:00 PM | Updated Apr 11 01:08 PM

Baker John, located in Quezon City, will initially cater to current and potential customers but will eventually be open to the general public, URC said in a statement. Read more »

Jollibee says 1H sales, profit 'will not be as strong' as previous year

ABS-CBN News
Apr 11 11:11 AM

Sales and profits will recover in the third and fourth quarters as consumers "slowly regain their purchasing power after being adversely affected by high inflation in 2018," Jollibee told the stock exchange. Read more »

5 High Paying Jobs for Fresh Graduates

Moneymax
Apr 11 10:36 AM

If you’re a fresh graduate or if you’re looking for a financially rewarding first job, consider applying for one of these high-paying jobs in the Philippines. Read more »

BPI says online, mobile 'temporarily unavailable'

ABS-CBN News
Apr 11 10:23 AM | Updated Apr 11 10:40 PM

The Ayala-led lender posted the advisory late Wednesday on its official Facebook page. As of Thursday morning, irate clients were still posting comments, complaining that they were unable to withdraw money. Read more »

Trade gap widens in February

ABS-CBN News
Apr 11 10:01 AM | Updated Apr 11 12:25 PM

The shortfall of $2.79 billion was larger than the $2.54 billion posted in February 2018, PSA data showed. Total trade in goods rose 1.2 percent to $13.14 billion during the same comparable period. Read more »

Samsung debuts Galaxy A80 with rotating triple camera

ABS-CBN News
Apr 11 09:16 AM

The world's largest smartphone maker has found a way to incorporate a front-facing camera without a notch or a hole-shaped cutout. Read more »

American Media looking to sell tabloid National Enquirer

Reuters
Apr 11 08:23 AM

American Media Inc on Wednesday said it was looking at strategic options for its US tabloid newspaper the National Enquirer and that it might sell the publication. Read more »

World stocks, euro inch higher on ECB stance

Herbert Lash, Reuters
Apr 11 08:13 AM

ECB President Mario Draghi confirmed policymakers were considering whether measures are needed to mitigate the impact on European banks of the central bank's negative deposit rates. Read more »

US, China agree to establish trade deal enforcement offices: Mnuchin

David Lawder, Reuters
Apr 11 08:03 AM

US Treasury Secretary Steven Mnuchin said that progress continues to be made in the talks, including a "productive" call with China's Vice Premier Liu He on Tuesday night.  Read more »

Facebook to crack down on groups spreading misinformation

Agence France-Presse
Apr 11 06:18 AM

SAN FRANCISCO - Facebook on Wednesday ramped up its battle against misinformation, taking aim at groups spreading lies and adding "trust" indicators to news feeds. Read more »

Ilang negosyo sa Kamaynilaan, apektado ng power interruption

ABS-CBN News
Apr 11 12:04 AM

Nangangamba ang ilan na mabawasan ang kanilang kita kapag nagpatuloy pa ang power interruption. Read more »

Presyo ng isda at manok, inaasahang tataas sa Semana Santa

ABS-CBN News
Apr 10 11:59 PM

Tumaas ang presyo ng isda at manok sa ilang pamilihan. Read more »

Why companies should buy 'certified' authentication systems

ABS-CBN News
Apr 10 11:56 PM

Identity authentication can take many forms but companies whose business depend on it need to make sure they are purchasing authentication systems that are certified, a security expert said Wednesday.  Read more »

3M PH's consumer business posts double-digit growth

ABS-CBN News
Apr 10 11:52 PM | Updated Apr 11 05:11 PM

Adhesive and Post-it Notes maker 3M sees its Philippine market leading the firm's growth in Southeast Asia. Read more »