News

PCC tells Grab and Uber to explain Uber's shut down

ABS-CBN News
Apr 16 05:14 PM

he Philippine Competition Commission (PCC) is giving Grab and Uber until Tuesday April 17 to explain why Uber was shut down despite the anti-trust watchdog's order for the platform to continue operations while its merger deal with Grab undergoes review. Read more »

Money tips for returning OFWs

ABS-CBN News
Apr 16 03:23 PM

For millions of Filipinos working abroad, coming home to their loved ones after years of working hard for their future is the ultimate goal. Read more »

Cash remittances up 4.5 percent in February

ABS-CBN News
Apr 16 03:19 PM | Updated Apr 16 04:05 PM

Personal remittances from overseas Filipinos reached $2.5 billion in February this year, which is 5.4 percent higher compared to the same month in 2017, the central bank said Monday.  Read more »

Presyo ng langis, may dagdag simula Martes

ABS-CBN News
Apr 16 02:10 PM | Updated Apr 16 08:33 PM

Nag-abiso ang ilang kompanya ng langis nitong Lunes na magkakaroon ng dagdag sa presyo ng kanilang mga produkto simula Martes. Read more »

Drones, geo tags help DPWH monitor infra projects

ABS-CBN News
Apr 16 01:34 PM | Updated Apr 16 02:14 PM

The government is using drones and geo tags to monitor infrastructure projects and guard against corruption, Public Works and Highways Secretary Mark Villar said Monday. Read more »

Tax reform seen to encourage workers to invest

ABS-CBN News
Apr 16 12:01 PM

With higher take-home pay under lower income taxes, Filipinos should consider investing, an economist said. Read more »

Policymakers urged to monitor money supply, foreign reserves

ABS-CBN News
Apr 16 11:45 AM

The economy is in no immediate danger of overheating, based on 4 out of 5 indicators, University of Asia and the Pacific economics professor Victor Abola said Monday. Read more »

Asian shares up, oil down as Syria fallout seen limited

Wayne Cole, Reuters
Apr 16 08:38 AM

Share markets started firmer in Asia on Monday amid relief US-led strikes on Syria looked like being a one-off event that avoided a direct confrontation with Russia, weighing on oil prices and safe-haven Treasuries. Read more »

Metro Manila gets fresh rice supply, to retail at P39/kilo

ABS-CBN News
Apr 16 08:29 AM | Updated Apr 16 09:39 AM

Some 10,000 bags of regular milled rice will be sold in Metro Manila at P39 per kilo after 17 truckloads of the grain were delivered to the capital on Monday. Read more »

Wall St futures rise, shrug off allied missile attack on Syria

Reuters
Apr 16 07:49 AM

US equity index futures rose on Sunday as financial market trading resumed for the first time since the United States, Britain and France hit Syria with missile strikes in retaliation for a suspected poison gas attack. Read more »

France's Macron defends economic policy in heated interview

Reuters
Apr 16 07:31 AM

In his second television interview in less than a week, part of a media offensive designed to win over a skeptical public as he pushes ahead with economic reforms, neither Macron nor the interviewers pulled any punches. Read more »

Despite job cuts, GM won't abandon small car market

Agence France-Presse
Apr 16 07:12 AM

General Motors confirmed Sunday its plans to eliminate a shift at an Ohio plant, idling some 1,500 employees as demand for compact cars dips.  Read more »

Huawei announces 'lite' version of photo-centered P20 series

ABS-CBN News
Apr 16 07:01 AM

Huawei has launched a third variant of its photography-centered P20 line that dials down on some specifications, but not on the premium design of its much pricier siblings. Read more »

Independent body needed to review airport proposals: Megawide-GMR partner

Liza Reyes, ABS-CBN News
Apr 16 01:17 AM

An independent body tasked to take a holistic approach is key in solving the country’s air traffic infrastructure, according to Mitre Corp. the technical partner of Megawide-GMR in its bid to upgrade NAIA. Read more »

Shockwaves as Sorrell quits as CEO of ad giant WPP

Robin Millard, Agence France-Presse
Apr 15 10:43 PM

Martin Sorrell's dramatic departure as chief executive of WPP, the world's biggest advertising agency he founded 33 years ago, sent shockwaves through the marketing industry on Sunday. Read more »

Duterte set to sign landmark EO vs 'endo'

ABS-CBN News
Apr 15 09:17 PM | Updated Apr 16 12:21 PM

President Rodrigo Duterte is expected to fulfill his promise to end the practice of 'endo' or 'end of contract' when he signs a landmark executive order on 'contractualization' on Monday. Read more »

Tax expert, nagpaalala sa pag-file ng income tax returns

ABS-CBN News
Apr 15 08:35 PM

Nakasanayan ng maraming Pinoy ang pag-file ng mga income tax returns tuwing malapit na ang deadline, ayon sa tax expert na si Mon Abrea. Read more »

Iba pang taxi-hailing app, inaasahang aarangkada na rin sa NCR

ABS-CBN News
Apr 15 08:22 PM

Nais punan ng ilang lokal na ride-sharing at taxi-hailing service ang pangangailangan sa ride-hailing apps kasunod ng pagbili ng Grab sa operasyon ng Uber. Read more »

Ilang Pinoy website, naka-block sa Facebook; mamamahayag tinawag itong 'sensura'

ABS-CBN News
Apr 15 07:40 PM

Naka-block na sa Facebook ang ilang Pinoy website na umano'y nagkakalat ng maling impormasyon. Tinawag naman itong "censorship" o sensura ng isang tech journalist. Read more »

P38-P39/kilong commercial rice, darating sa ilang pamilihan sa NCR

ABS-CBN News
Apr 15 05:49 PM

Inaasahang darating sa ilang pamilihan sa Kamaynilaan ang commercial rice na nagkakahalaga ng P38-39 kada kilo, sa Lunes, Abril 16. Read more »

BIR reminds taxpayers: No deadline extension for ITR filing

ABS-CBN News
Apr 15 03:34 PM

Taxpayers who will file their income tax returns after 5:00 p.m. tomorrow, Monday, will be slapped with corresponding penalties, the Bureau of Internal Revenue warned on Sunday. Read more »

Japan 'rare earth' haul sparks hopes of cutting China reliance

Hiroshi Hiyama and Marie Heuclin, Agence France-Presse
Apr 15 12:54 PM

The discovery of potentially millions of tons of valuable "rare earth" elements in sea sludge off Japan has raised hopes that Asia's number-2 economy can reduce its dependence on Chinese supply.  Read more »

Another trade war looms with US... on Spanish olives

Emmanuelle Michel, Agence France-Presse
Apr 15 12:49 PM

The US flag still flutters next to others in front of the AgroSevilla factory, the world's biggest exporter of black olives based in southern Spain.  Read more »

On trade 'remedies' US barks, but where is the bite?

Douglas Gillison, Agence France-Presse
Apr 15 11:30 AM

President Donald Trump's administration claims it has doubled America's efforts to fight unfair trade, compared to Barack Obama's presidency.  Read more »

Chinese urged to boycott US firms, but Big Mac fans unconvinced

Poornima Weerasekara, Agence France-Presse
Apr 15 08:37 AM

The messages began to pop up on Chinese social media as the trade spat with the United States sizzled, urging people to boycott McDonald's and other American firms to "defend the economic Great Wall".  Read more »