News

Why 2019 could be a 'good year' for property sector

ABS-CBN News
Updated as of May 21 10:47 AM

The growing Business Process Outsourcing (BPO) and the Philippines Offshore Gaming Operations (POGOs) drive office space rentals in the metro, Pinnacle Real Estate Consulting Services head of research Jose Romarx Salas told ANC.  Read more »

Australian investors want 'certainty, consistency' in policies, envoy says

Cathy Yang, ABS-CBN News
Updated as of May 16 09:47 AM

The key thing is passing the measure so that investors can decide how to act on it, Australian Ambassador to the Philippines Steven Robinson told Cathy Yang in an exclusive interview for ANC's The Boss. Read more »

New Australian envoy pushes for stronger economic, trade ties with PH

Cathy Yang, ABS-CBN News
Updated as of May 16 09:48 AM

Security, defense and intelligence element are strong resulting in a “very warm” relationship but there is room to boost trade and economic benefits, Australian Ambassador to the Philippines Steven Robinsons told Cathy Yang in an exclusive interview for ANC's The Boss. Read more »

PDP-Laban to reevaluate party members after polls: Koko

ABS-CBN News
Updated as of May 10 10:46 AM

President Rodrigo Duterte's political party Partido Demokratiko Pilipino–Lakas ng Bayan (PDP-Laban) would reevaluate its members after the midterm polls to ensure local officials rendered "service to the party," the group's president said Friday.   Read more »

Filipinos not fit for work? Chinese manual laborers seen in PH construction site

Zen Hernandez, ABS-CBN News
Posted at Mar 28 10:37 PM

ABS-CBN News has obtained a video of a construction project showing foreigners doing manual labor, from mixing cement to loading, and carrying construction materials. Read more »

Poll watchdog flags 'dubious' party-lists

ABS-CBN News
Posted at Mar 07 11:23 AM

Voters should be vigilant against supporting party-list groups that champion "dubious" causes instead of marginalized and underrepresented sectors, a poll watchdog said Thursday. Read more »

BSP's Espenilla: Digital champion wrote on yellow paper

Christel Lagdameo, ABS-CBN News
Updated as of Feb 28 05:28 PM

The late Bangko Sentral ng Pilipinas Governor Nestor Espenilla wrote notes on yellow paper, proving that you don't need to be tech savvy to harness digital channels for financial inclusion, his daughter said.  Read more »

Filipinos in Vietnam hope for economic windfall from Trump-Kim summit

ABS-CBN News
Updated as of Feb 27 05:10 PM

The summit in Hanoi, aimed at denuclearizing North Korea, could result in investment and tourist flows, said Jun Felix, a Filipino community leader who has worked in Vietnam for 20 years. Read more »

PH among nations 'more resilient' to US-China trade war: Moody's

ABS-CBN News
Updated as of Feb 15 10:46 AM

Public spending and consumption are the 2 domestic drivers of the country's gross domestic product (GDP) as compared to Thailand, Malaysia or Singapore, said vice president and senior sovereign risk analyst of Moody’s Investor Service Christian de Guzman. Read more »

Mar on campaign loss: 'I offered tinolang manok, they chose kare-kareng baka'

Angela Coloma, ABS-CBN News
Updated as of Feb 14 11:49 PM

Senatorial candidate Mar Roxas already lost two major elections but is unfazed as he enters the campaign for the 2019 midterm polls.  Read more »

Remembering ‘Tatang’: Chiefs, employees share fondest moments with Henry Sy Sr.

ABS-CBN News
Updated as of Jan 25 01:16 AM

From a humble shoe seller to the country's richest man, Henry Sy Sr.'s success story is nothing unheard of. Read more »

Dissecting Data: Steady growth for Philippine economy in 2018

ABS-CBN News
Posted at Jan 24 04:03 PM

Slowdown in manufacturing was offset by higher growth in the construction sector driven by the government’s Build, Build, Build program. Read more »

PNP chief backs lower criminal age, but wants good rehab programs

ABS-CBN News
Updated as of Jan 24 10:53 AM

The chief of the Philippine National Police said Thursday that he supports a bill to lower the criminal age, but there should be a program to reform youth offenders. Read more »

No leads yet on Cebu town mayor's ambush - Albayalde

ABS-CBN News
Updated as of Jan 24 10:58 AM

Investigators have not yet found a lead on the ambush that injured a Cebu town mayor and left 3 dead, including her husband, the chief of the national police said Thursday.   Read more »

Violence seen as unlikely in Bangsamoro law plebiscite

ABS-CBN News
Updated as of Jan 20 05:54 PM

A former official of the Bangsamoro Transition Commission said violence is unlikely in Monday's plebiscite on the Bangsamoro Organic Law.  Read more »

Panay Electric to continue operations even after franchise expires on Jan. 18

ABS-CBN News
Updated as of Jan 18 05:32 PM

Iloilo-based Panay Electric Co. (PECO) on Friday said it would continue to operate even after its 25-year legislative franchise expires midnight of Jan. 18. Read more »

PH stocks seen to 'inch higher' to 8,500 level: analyst

ABS-CBN News
Updated as of Jan 18 06:21 PM

With the given growth scenario, investors should continue to hold on to Philippine equities, Atram Trust Corp president Deanno Basas told ANC.  Read more »

ICTSI eyes emerging markets as US-China trade war rages

ABS-CBN News
Updated as of Jan 10 02:17 PM

The company is always looking for potential markets to add to its "well-spread" portfolio, ICTSI Global Corp head Christian Gonzalez told ANC. Read more »

Economic woes, territorial sovereignty, federalism among key 2019 election issues

ABS-CBN News
Posted at Jan 08 10:54 PM

The country's economic woes, territorial sovereignty and the push for federalism are among the top issues in this year's midterm elections, an analyst said. Read more »

Dissecting Data: Inflation eases to 7-month low in December

ABS-CBN News
Updated as of Jan 04 05:15 PM

Inflation eased to 5.1 percent in December, the slowest pace in 7 months driven by lower prices of food, non-alcoholic beverages and transport, government data showed.  Read more »