News

Proposed Manila Bay reclamation ban could shelve lucrative projects

ABS-CBN News
Posted at Jan 18 12:29 AM

Regulators and a global investment banker are calling on the Duterte administration to reconsider a proposed ban on Manila Bay reclamation projects. Read more »

Some consumers lament rising prices of goods

ABS-CBN News
Posted at Jan 18 12:26 AM

But the Philippines' trade secretary is confident inflation will slow down this year and consumers will barely feel the impact of additional excise taxes. Read more »

PH shares bounce back above 7,900 amid upbeat earnings on Wall Street

ABS-CBN News
Posted at Jan 18 12:23 AM

Philippine shares recovered slightly, but fell short of breaching 8,000 as property stocks recovered after Wednesday's sell-off.  Read more »

PH shares fail to hold 8,000, as property stocks drag market

ABS-CBN News
Posted at Jan 17 01:05 AM

Analysts said the local market has priced in the uncertainty, stemming from the defeat of British Prime Minister Theresa May's Brexit deal. Read more »

British PM Theresa May faces confidence vote after huge defeat

ABS-CBN News
Posted at Jan 17 12:59 AM

John Peet, Brexit editor of The Economist, shares his views on the ongoing confidence vote in London and the defeat of Prime Minister Theresa May's Brexit plan. Read more »

Hanjin's bankrupt PH unit now officially under corporate rehabilitation

ABS-CBN News
Posted at Jan 15 11:28 PM

The Philippine unit of global shipbuilding giant, Hanjin, is now officially under corporate rehabilitation. Read more »

UK lawmakers expected to reject May's 'Brexit' deal

ABS-CBN News
Posted at Jan 15 11:23 PM

All eyes on the House of Commons of the United Kingdom as lawmakers head for a historic vote on British Prime Ministry Theresa May's "Brexit" deal. Read more »

PH shares tumble anew, manage to stay above 8,000

ABS-CBN News
Posted at Jan 15 11:20 PM

Investors are watching out for the crucial vote on Brexit.   Read more »

Not cheap or cheerful: Singapore hawker centres struggle with new business model

Rina Chandran, Reuters
Updated as of Jan 15 04:29 PM

A social enterprise model for some of Singapore's hawker centers has been criticized over high costs and poor management, as the wealthy nation tries to revitalize its popular food stalls. Read more »

Meralco says power rates decrease in January

Meralco
Posted at Jan 15 11:22 AM

The Manila Electric Co (Meralco) announced a decline in overall electricity rates for January. Read more »

Meralco says power rates decrease in January

Meralco
Posted at Jan 15 11:22 AM

The Manila Electric Co (Meralco) announced a decline in overall electricity rates for January. Read more »

Labor group seeks another salary hike for minimum wage earners

ABS-CBN News
Posted at Jan 14 11:40 PM

A labor group prepares to file another salary hike petition for minimum wage earners.  Read more »

PH shares surge beyond 8,000 despite disappointing China trade data

ABS-CBN News
Posted at Jan 14 11:20 PM

Banking stocks rebound after news of Hanjin's corporate rehab triggered a sell-off last week. Read more »

Labor, trade agencies to aid affected Hanjin workers

ABS-CBN News
Posted at Jan 12 12:39 AM

With thousands of Hanjin workers at risk of losing their jobs, the Philippine labor and trade departments are now taking the necessary actions to help cushion the impact of the company's move to file for corporate rehabilitation.  Read more »

PH banking stocks tumble after Hanjin files for corp rehab

ABS-CBN News
Posted at Jan 12 12:37 AM

The local finance sector is reeling after ship-building giant Hanjin’s Philippine unit filed for corporate rehabilitation. Read more »

Hanjin sa Subic, may 3,000 empleyado na takot mawalan ng trabaho

ABS-CBN News
Posted at Jan 11 08:50 PM

Aabot sa 3,000 manggagawa ng South Korean shipyard firm Hanjin Heavy Industries Corporation (Hanjin) sa Pilipinas ang nangangambang mawalan ng trabaho.  Read more »

Unilever cites heritage, sustainability in Pasig River rehab partnership

Unilever
Posted at Jan 11 01:40 PM

The heritage of Unilever Philippines is deeply intertwined with that of Pasig River and the company found itself with the opportunity to take an active role in partnership with the Pasig River Rehabilitation Commission.  Read more »

PH peso rises to 8-month high

ABS-CBN News
Posted at Jan 11 12:14 AM

Jonas Ravelas, Chief Market Strategist at BDO Unibank, shares his thoughts on the peso's continued strength. Read more »

PH shares near 8,000 despite widening trade deficit

ABS-CBN News
Posted at Jan 11 12:12 AM

Philippine shares managed to extend their rise, inching closer to the 8,000 mark. Read more »

Na-bully noon, asensadong negosyante ngayon

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

Ang pambu-bully na naranasan ni Chris Guarin, naging inspirasyon para magtagumpay siya sa buhay. Read more »