News

Tax expert warns of ‘loopholes’ in revised Corporation Code

ABS-CBN News
Posted at Feb 23 12:53 AM

While stakeholders laud the signing of the revised Corporation Code, some warn that a potential loophole in the law could be taken advantage of.  Read more »

PH shares snap 2-week losing streak

ABS-CBN News
Posted at Feb 23 12:42 AM

Amid mixed trading in Asia, the Philippine Stock Exchange index makes a last-minute jump, finally clinching a gain for the week. Read more »

Clergy sex abuse of minors inflicted wounds on victims, Church: Tagle

ABS-CBN News
Posted at Feb 23 12:37 AM

At a landmark Vatican summit, Manila Archbishop Luis Antonio Cardinal Tagle says the abuse of minors by members of the clergy has inflicted wounds not only on the victims but also on the Church. Read more »

2018 budget deficit reaches P558.3 billion

ABS-CBN News
Posted at Feb 22 04:42 PM

The full year budget deficit for 2018 reached P558.3 billion or 3.2 percent of the country's gross domestic product (GDP), slightly exceeding the government's 3 percent target, a cabinet official said Friday. Read more »

Rice tariffication 'good thing' if gov't helps local farmers: analyst

ABS-CBN News
Updated as of Feb 22 01:06 PM

Rice tariffication can be a "positive thing" if the government will implement programs to make domestic farmers more productive, an analyst said Friday. Read more »

The ANC Brief: Road to peace

ABS-CBN News
Posted at Feb 22 04:00 AM

Another milestone in the quest for peace in Mindanao. Here are the stories making the headlines on ANC today: Read more »

PH shares close flat at 7,900 level

ABS-CBN News
Posted at Feb 22 12:28 AM

The Philippine Stock Exchange underperforms some of its Asian peers, closing flat after trading.  Read more »

Duterte warns of 'harsher' anti-drug campaign

ABS-CBN News
Posted at Feb 22 12:26 AM

President Rodrigo Duterte vows to ramp up his anti-drug campaign amid claims an international drug cartel is behind bricks of cocaine found in Philippine waters. Read more »

SSS denies P437 billion in uncollected contributions

ABS-CBN News
Posted at Feb 22 12:23 AM

The head of the Social Security System answers allegations of inefficient collection of premiums and poorly-managed investments amounting to hundreds of billions of pesos. Read more »

Universal Health Care law a ‘work in progress’: Health chief

ABS-CBN News
Posted at Feb 22 12:21 AM

Health Secretary Francisco Duque called on the public to support the measure, which he says is meant to provide quality health service to all Filipinos.  Read more »

Press freedom 'very important' for foreign investors, British trade envoy says

Cathy Yang, ABS-CBN News
Updated as of Feb 21 04:20 PM

Although press freedom in the Philippines appears “to be under some pressure,” the government is successful in reassuring foreign investors in terms of upholding the rule of law, he said. Read more »

Filipino investors in UK poised for more success despite Brexit: envoy

Cathy Yang, ABS-CBN News
Updated as of Feb 21 04:19 PM

Filipino fastfood giant Jollibee, which opened in London in October last year, plans to open another 20 to 25 stores across the country, trade envoy Richard Graham said in an exclusive interview with ANC’s The Boss. Read more »

Philippine growth seen 'fairly decent' in 2019: JP Morgan

ABS-CBN News
Updated as of Feb 21 10:56 AM

A less hawkish Fed and a weakening dollar will be "positive" for emerging markets like the Philippines, said Ian Hui, global market strategist for JP Morgan Asset Management. Read more »

Mobile number portability makes switch to third telco easier: senator

ABS-CBN News
Posted at Feb 21 08:56 AM

The Mobile Number Portability Act, signed recently by President Rodrigo Duterte, is meant to spur competition as dominant players PLDT Inc and Globe Telecom brace for the entry of China Telecom-backed Mislatel, said Senator Sherwin Gatchalian. Read more »

Denmark tech startup tests mesh network system in QC

ABS-CBN News
Posted at Feb 21 12:16 AM

The system uses low-power low-cost communication devices to share information over a mesh network even when regular networks are crippled such as during disasters. Read more »

AC Health boss bets on innovation as tech disrupts healthcare

Jan Yumul, ABS-CBN News
Updated as of Feb 20 02:30 PM

Addressing people's needs with "innovative" and creative initiatives is what drives AC Health. Read more »

BSP can keep reserve ratio unchanged for now: economist

ABS-CBN News
Updated as of Feb 20 10:47 AM

The BSP did "very good signaling" by saying it is ready to act if there is not enough liquidity to maintain growth, said ASEAN+3 Macroeconomic Research Office chief economist Hoe Ee Khor. Read more »

Palace allows renegade commander to join new Bangsamoro gov't - MILF

Jamaine Punzalan, ABS-CBN News
Updated as of Feb 20 10:51 AM

Malacañang has allowed a renegade commander who once led bloody attacks in Mindanao to help govern the new autonomous region for the Muslim minority there, the Moro Islamic Liberation Front (MILF) said Wednesday.  Read more »

Pacquiao 'not thinking' of presidential run, finishing college degree

ABS-CBN News
Updated as of Feb 20 11:07 AM

Pacquiao, who parlayed his world boxing fame into politics, has repeatedly dodged questions about running for president after serving as congressman and senator. He is currently campaign manager for the administration ticket in the May midterm polls. Read more »

The ANC Brief: Health care for all

ABS-CBN News
Posted at Feb 20 04:01 AM

The President is due to sign a universal health care bill today.  Read more »