News

Ilang kainan sa Baguio buking sa paglabag sa mga patakaran ng BIR

ABS-CBN News
Feb 13 03:37 PM

May mga nakitaan ng paglabag, karamihan ay hindi nakasabit ang mga permit at walang updated na book o ledger kung saan nakalista ang kanilang mga kita.  Read more »

Rice tariffication may kill PH rice industry if farmers don't get help: Piñol

Kori Quintos, ABS-CBN News
Feb 13 03:31 PM

Filipino rice farmers need immediate help to improve productivity if they are to compete against rice importers amid the impending approval of the Rice Tariffication Bill, the Department of Agriculture said.  Read more »

Japan's Toshiba cuts profit outlook again

Agence France-Presse
Feb 13 03:09 PM

Struggling Japanese engineering firm Toshiba lowered its profit forecasts Wednesday with rising costs weighing on its energy operations.   Read more »

Twitter CEO admits 'huge fail' in preventing online abuse

Reuters
Feb 13 01:33 PM | Updated Feb 13 01:49 PM

Twitter, along with online social media network Facebook Inc, has faced criticism for abusive posts, fake users and inaccurate news stories on its service. The company has been investing heavily to improve what Dorsey has described as the "collective health" of Twitter.   Read more »

China's Xi to meet top US trade officials: report

Agence France-Presse
Feb 13 01:27 PM

Xi will meet on Friday with officials including US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, who are in the capital for crunch talks towards a trade deal, the South China Morning Post reported. Read more »

2019 budget to get final approval before end of Q1, budget chief says

Bruce Rodriguez, ABS-CBN News
Feb 13 01:14 PM

President Duterte has 30 days to sign the measure in its entirety or veto some provisions of the bill, the budget chief said.    Read more »

Proposed additional duty on imported cement may hike prices, says trade group

ABS-CBN News
Feb 13 10:53 AM | Updated Feb 13 11:25 AM

Combined with value added tax (VAT), prices per bag of imported cement could surged up to P10 once the new tariff is finalized, said Philippine Cement Importers Association Inc president Napoleon Co. Read more »

Kia to revive car business with new management, 'features-rich' car models

ABS-CBN News
Feb 13 09:50 AM | Updated Feb 13 10:18 AM

Following a “slump” in 2018, Kia aims to bring back its record 3-percent market share in 2015 by keeping prices “very attractive” for “features-rich” car models, said president Manny Aligada. Read more »

Trump says could extend March 1 China trade talks deadline

Agence France-Presse
Feb 13 07:43 AM

US President Donald Trump said Tuesday he would consider extending the deadline for a trade deal with China beyond March 1. Read more »

US stocks jump as shutdown, trade fears recede

Agence France-Presse
Feb 13 07:06 AM

Wall Street stocks jumped Tuesday as President Donald Trump downplayed the chance of another government shutdown and said he could delay new tariffs on Chinese imports. Read more »

US household debt in 2018 jumps $400 bn

Agence France-Presse
Feb 13 01:16 AM

Total debt held by US households surged by nearly $400 billion in 2018 to more than $13.5 trillion, marking the sixth straight annual increase, even as home mortgages declined, according to data released Tuesday. Read more »

How a Philippine regulator stymied DowDuPont's global seed launch

Rod Nickel and Tom Polansek, Reuters
Feb 13 12:29 AM | Updated Feb 13 01:25 AM

A Philippine regulator poses an unexpected obstacle to DowDuPont's launch of a new line of genetically engineered soybeans in the United States as the company challenges Bayer AG's decades-long dominance of the US seed market. Read more »

Ilang hog raiser, nababahala sa banta ng African swine fever

ABS-CBN News
Feb 13 12:03 AM

Pero ang mga importer ng karne, kampante na hindi sila magkakaproblema sa supply kahit dumarami ang mga bansang apektado ng ASF. Read more »

ALAMIN: Presyo ng mga bulaklak sa Baguio

ABS-CBN News
Feb 12 11:29 PM

Tumaas na ang presyo ng ilang bulaklak sa Baguio City ilang araw bago ang Valentine's Day. Read more »

Mislatel to pressure Globe, PLDT, analysts say

ABS-CBN News
Feb 12 11:16 PM

Globe Telecom seeks to further ramp up spending this year as it continues to upgrade data-related services.  Read more »

ERC reviews Meralco's request for upgrade to smart meters

ABS-CBN News
Feb 12 11:16 PM

Philippine energy regulators are reviewing a request from power utility company Meralco to modernize its metering system. Read more »

PH shares underperform Asia but still clings to 8,000

ABS-CBN News
Feb 12 11:02 PM

Earning reports dragged investor sentiments as the Philippine Stock Exchange index barely clings to 8,000.  Read more »

ING Bank: Global economic slowdown possible

ABS-CBN News
Feb 12 11:00 PM

The world economy in 2019 will be complicated and a little bit messy. Read more »

Top US officials arrive in China for trade talks as deadline looms

Ben Blanchard, Reuters
Feb 12 09:03 PM

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are scheduled to hold talks with Chinese Vice Premier Liu He, top economic adviser to President Xi Jinping. Read more »

Dissecting Data: Trade deficit narrows in Dec but widens to record in 2018

ABS-CBN News
Feb 12 08:50 PM

The Philippines' trade deficit narrowed to a three-month low in December last year. But the $41.4 billion trade gap booked for the whole of 2018 was also the widest on record.    Read more »

Elevated segment of NLEX Harbor Link to open this month: DPWH

ABS-CBN News
Feb 12 08:44 PM

The 5.65-km NLEX Harbor Link Segment 10 is expected to ease travel between key areas of Metro Manila and northern Luzon via the NLEX.    Read more »

Smart meters may kaakibat na taas-singil sa kuryente: ERC

ABS-CBN News
Feb 12 08:29 PM

Posibleng tumaas ang singil sa kuryente ng Meralco kapag pinalitan ng "smart meters" ang mga kasalukuyang metro.  Read more »

China calls US concerns over Huawei 'groundless'

Agence France Presse
Feb 12 07:17 PM

China called the latest US warning against using Huawei equipment "groundless" on Tuesday, as the Chinese telecom giant faces espionage fears in a growing number of countries. Read more »

My Puhunan: Sugar-free desserts at business tips para sa nahihirapan sa negosyo

ABS-CBN News
Feb 12 07:03 PM | Updated Feb 12 07:21 PM

Narito ang isang business idea para sa mga gusto ng healthy desserts at business inspiration para sa mga nawawalan ng loob na magnegosyo. Read more »

Globe net income up 22 percent in 2018

Michelle Ong and Bruce Rodriguez, ABS-CBN News
Feb 12 01:57 PM | Updated Feb 12 02:22 PM

Consolidated service revenues totaled P132.9 billion in 2018 or 10 percent higher year-on-year driven by data-related services across all business segments, Globe said in a disclosure to the stock exchange.    Read more »