News

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 »

BSP Governor Espenilla to take 2-week medical leave

ABS-CBN News
Sep 18 04:40 PM

Espenilla said Deputy Governor Chuchi Fonacier would be in charge of the BSP during his absence from Sept. 19 to Oct. 2. Read more »

Global trade war is real, finance chief says

ABS-CBN News
Sep 18 04:32 PM

US President Donald Trump escalated his trade war with China on Monday, announcing $200 billion in tariffs. Read more »

Gov't eyes World Bank loan to help in Ompong response

Warren de Guzman, ABS-CBN News
Sep 18 04:26 PM

Dominguez said the National Disaster Risk Reduction and Management Council would recommend to President Rodrigo Duterte the declaration of a state of calamity to access the loan. Read more »

Dissecting Data: Inflation, peso as gov't looks to midterm

ABS-CBN News
Sep 18 04:18 PM

University of the Philippines economics professor Emmanuel de Dios helps analyze inflation data with Cathy Yang on ANC's Market Edge. Read more »

How to stop yourself from spending

ABS-CBN News
Sep 18 04:10 PM

On The Money shares some tips on how you can stop yourself from spending. Read more »

Lower costs lure BPOs to 'next wave' cities

Jessica Fenol, ABS-CBN News
Sep 18 02:54 PM

Business process outsourcing companies are looking to add 100,000 square meters of office space in the provinces in the next 3 years, with the potential to create jobs, according to a property consulting firm. Read more »

Jollibee teases London branch, first in UK

ABS-CBN News
Sep 18 02:37 PM | Updated Sep 18 05:14 PM

The country's largest fast food operator posted on Twitter a photo of its mascot, with British Ambassador to the Philippines Daniel Pruce, with the hashtags #JollibeeLondon #1stJollibeeInUK. Read more »

Why baby product brands stick in PH households

ABS-CBN News
Sep 18 12:59 PM | Updated Sep 18 01:27 PM

Once a baby product brand enters a Filipino household, it will likely stick, even if its user doesn't end up having children, the head of Johnson and Johnson Philippines said Tuesday. Read more »

J&J manages costs to deal with rising prices, weak peso

Cathy Yang, ABS-CBN News
Sep 18 12:59 PM

The company best known for talc, cologne and bath products for babies is evaluating whether or not to adjust prices this year, after a "slight" adjustment in 2017, said J&J Philippines president and managing director Jeffrey Go. Read more »

Budget chief says no layoffs of health workers in DOH

ABS-CBN News
Sep 18 11:44 AM

Senate Minority Leader Franklin Drilon said Monday 15,000 health workers, doctors and nurses could lose their jobs if legislators don't approve funding for 2 DOH projects. Read more »

Peso poised for boost from holiday remittances: BSP

ABS-CBN News
Sep 18 10:39 AM | Updated Sep 18 03:06 PM

The Bangko Sentral ng Pilipinas is seen supporting the local currency at the P54.28 level, said First Metro Securities analyst Paul Angelo. Read more »

Japanese billionaire businessman is SpaceX's first Moon tourist

Agence France-Presse
Sep 18 09:59 AM | Updated Sep 18 10:58 AM

A Japanese billionaire and online fashion tycoon, Yusaku Maezawa, will be the first man to fly on a monster SpaceX rocket around the Moon as early as 2023, and he plans to bring 6 to 8 artists along.   Read more »

Halt order in landslide hit-mine ignored before Ompong hit: mayor

ABS-CBN News
Sep 18 09:15 AM

Mayor Victorio Palangdan of Itogon, Benguet said he issued a "stoppage order" but it was ignored. Read more »

My Puhunan: French toast at milkshake business

ABS-CBN News
Sep 18 09:02 AM

Trending na food business, patok sa mga millennials. Read more »

3,2,1: SpaceX counts down to reveal mystery Moon traveler

Ivan Couronne, Agence France-Presse
Sep 18 08:29 AM

An event to unveil the first lunar traveler since the last US Apollo mission in 1972 is planned at 0100 GMT Tuesday (9 a.m. in Manila) at SpaceX's headquarters and rocket factory in the middle of metropolitan Los Angeles. Read more »

Trump hits China with tariffs on another $200 billion in goods

Heather Scott, Agence France-Presse
Sep 18 08:15 AM

Trump said China had refused to change the unfair practices that hurt US businesses and workers. Read more »

Ex-NY mayor Bloomberg once again mulling White House bid

Agence France-Presse
Sep 18 08:12 AM | Updated Sep 18 09:16 AM

The 76-year-old owner and founder of his eponymous financial data and media company told the newspaper he is floating the idea of running for president in 2020, but not yet ready to decide. Read more »

Espenilla: Storm disruptions to agriculture 'short-lived, localized'

ABS-CBN News
Sep 18 08:03 AM | Updated Sep 18 08:26 AM

Espenilla said the BSP would review its inflation targets "once more information is available." Imports compensating for damage will also be considered, he said. Read more »