Business | ABS-CBN News

Maynilad nagpaumanhin sa patuloy na nararanasang water interruption

ABS-CBN News
Nov 21 02:25 PM

MAYNILA - Mananatili ang ipinatutupad na rotational service interruption schedules ng Maynilad dahil wala pa rin sa normal na output ang produksiyon ng tubig sa La Mesa Treatment Plant.   Read more »

Higher toll rate for NLEX takes effect Nov. 25 after NLEX Harbor Link completion

ABS-CBN News
Nov 21 01:53 PM

NLEX Corp said there would be a P4 increase in the open system and P0.06 per kilometer in the closed system. The additional toll rate will take effect at 12:01 a.m. on Wednesday, Nov. 25.    Read more »

Business Mentor: Critical business concepts every entrepreneur should know

Armando Bartolome
Nov 21 09:24 AM | Updated Nov 21 11:20 AM

As a new business owner, your main goal is to become successful with the business. However, you may not know which task to prioritize. Read more »

APEC leaders say free, open trade and investment key for region

Reuters
Nov 21 03:15 AM

The bloc's 21 members also reaffirmed support for "agreed-upon rules of the WTO" in promoting stability and predictability of international trade flows, in a joint declaration released after the APEC leaders' summit hosted virtually by Malaysia. Read more »

PH officials warn public vs money launderers exploiting digital transactions

ABS-CBN News
Nov 21 02:48 AM

Philippine officials warn money launderers may be exploiting the surge in digital transactions during the COVID-19 pandemic. Amid this trend, some of the country’s biggest banks are launching an industry-wide initiative to combat online fraud. Read more »

Airlines need another $70-80 billion to survive: IATA chief

Sonia Wolf, Agence France-Presse
Nov 21 01:00 AM

Airlines need up to another $80 billion to survive, the head of the industry's trade association told a French daily on Friday, as many countries tighten restrictions to confront another wave of coronavirus infections. Read more »

'Puhunan mas mahal pa sa SRP': Vendors nangatuwiran sa price freeze

ABS-CBN News
Nov 20 11:09 PM

Umiiral na ang price freeze sa mga pangunahing bilihin matapos ideklara ang state of calamity sa buong Luzon. Read more »

Some QC vendors struggle with price freeze; DA insists strict compliance

Bianca Dava, ABS-CBN News
Nov 20 07:48 PM

Prices of certain items increased despite the Department of Agriculture freezing prices on selected basic goods and commodities following the declaration. Read more »

San Miguel adding 100 RFID installation sites to serve more motorists

ABS-CBN News
Nov 20 05:30 PM

San Miguel Corp (SMC) said Friday it will add 100 sites for RFID installation to serve more motorists in time for the shift to a cashless toll system by Dec. 1. Read more »

Metro Pacific Tollways building 'urban ring road' linking north, south, east, west of Metro Manila

ABS-CBN News
Nov 20 05:23 PM | Updated Nov 20 06:55 PM

The Pangilinan-led Metro Pacific Tollways Corp (MPTC) will build a network of expressways around Metro Manila that will connect all major roads in the metro, the firm announced on Friday.   Read more »

Mga mamimili, umaaray sa taas ng presyo ng gulay, isda sa Tandang Sora market

ABS-CBN News
Nov 20 04:28 PM

Umaaray pa rin sa mahal na presyo ng gulay at ibang pangunahing bilihin ang mga mamimili sa Tandang Sora Market sa Quezon City ngayong Biyernes. Read more »

Bayad Center to roll out bills payment lanes at LRT-1 ticket stations

ABS-CBN News
Nov 20 04:13 PM

Bayad Center will roll out payment collection stalls at LRT-1's ticket stations under a partnership. The Light Rail Manila Corporation which operates LRT 1 said it forged a partnership with Bayad Center to transform a ticket station into a Bayad Center lane called "Bayad Center sa LRT-1" - starting with Balintawak Station on December.  Read more »

Philippine central bank sends stocks soaring with surprise rate cut

Nikhil Nainan, Reuters
Nov 20 03:27 PM | Updated Nov 20 05:09 PM

Philippine shares led emerging Asian markets on Friday, surging 2.5 percent after the country's central bank delivered a surprise cut in interest rates to shore up a domestic economy struggling after months of on-off coronavirus restrictions. Read more »

AMLC flags surge in ‘suspicious transactions’ in e-payments amid pandemic

ABS-CBN News
Nov 20 02:24 PM

The Anti-Money Laundering Council (AMLC) on Friday flagged the surge of suspicious transactions amounting to P3.1 billion as more consumers shift to digital banking due to quarantine restrictions brought by the COVID-19 pandemic.   Read more »

Here's how to book RFID appointment online

ABS-CBN News
Nov 20 02:22 PM

Motorists may now book their RFID sticker installation appointment online and skip long lines, the North Luzon Expressway (NLEX) Corp. said Friday.    Read more »

IKEA hiring close to 500 workers for world's largest store in PH

ABS-CBN News
Nov 20 02:20 PM | Updated Nov 20 02:45 PM

Swedish home furnishings retailer IKEA is hiring 496 workers for its first Philippine store, the company announced. Read more »

Three qualities a reliable car service center should have

Moneymax.ph
Nov 20 01:16 PM

It’s important to have a go-to car service center for all your car repair needs Read more »

BSP adopts new gold-colored PH eagle logo, says 'brand refresh' signifies 'renewed vitality'

ABS-CBN News
Nov 20 01:09 PM

The Bangko Sentral ng Pilipinas (BSP) on Friday announced a "brand refresh", with the launch of its new gold eagle logo.   Read more »

Ilang tsuper ng jeep, nanawagang payagan na sila na magbalik pasada

ABS-CBN News
Nov 20 01:04 PM

Marami pa ring tsuper ang hindi makabiyahe gamit ang kanilang tradisyunal na jeep siyam na buwan mula ng tumama ang pandemya, ayon sa grupong PASODA-PISTON. Read more »

IATF allows carriers to ditch isolation area in aircraft

Jam Punzalan, ABS-CBN News
Nov 20 11:48 AM | Updated Nov 20 02:45 PM

The inter-agency task force leading the country's pandemic response has allowed carriers to ditch the isolation areas for ill passengers on their aircraft, Malacañang said Friday, as authorities sought to boost the pandemic-battered economy.  Read more »

#WalangTubig: Ilang customers ng Manila Water sa Rizal, Nobyembre 23-24

ABS-CBN News
Nov 20 11:27 AM | Updated Nov 20 11:28 AM

Pansamantalang mawawalan ng tubig ang ilang customers ng Manila Water sa ilang barangay sa Rizal simula Nobyembre 23 Lunes ng 9 pm hanggang 6 am ng Nobyembre 24, Martes.    Read more »

United, American Airlines to scrap change fees for overseas flights

Mrinalika Roy, Reuters
Nov 20 10:51 AM

United Airlines and American Airlines said on Thursday they will scrap change fees for long-haul international flights, mirroring their move on domestic flights in a bid to revive bookings and air travel demand hit by the pandemic.   Read more »

Delta to resume Manila to Seattle, Atlanta flights via Seoul starting January 2021

ABS-CBN News
Nov 20 09:48 AM

US carrier Delta said on Friday it will resume flights to Seattle and Atlanta from Manila via Seoul starting January next year. Read more »

Mnuchin pulls plug on some pandemic lending programs that Fed considers essential

Howard Schneider and Ann Saphir, Reuters
Nov 20 09:41 AM

U.S. Treasury Secretary Steven Mnuchin said on Thursday that key pandemic lending programs at the Federal Reserve would expire on Dec. 31, putting the outgoing Trump administration at odds with the central bank and potentially adding stress to the economy as President-elect Joe Biden organizes his administration.  Read more »

Facebook shifts AI strategy to hasten removal of harmful content

Art Fuentes, ABS-CBN News
Nov 20 06:00 AM

In an online briefing on Tuesday, Facebook officials explained how they are using AI to track down and remove harmful content on its social media platforms including Facebook, Instagram, WhatsApp, and Oculus.  Read more »