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PH shares stay above 8,000 despite slump

ABS-CBN News
Updated as of Jun 26 10:54 PM

It was a particularly bad day for the Philippines, with both its shares and currency falling into a slump. Read more »

DOLE to strengthen occupational safety, health standards following Eddie Garcia's death

ABS-CBN News
Posted at Jun 25 11:02 PM

The Department of Labor and Employment is working to strengthen its enforcement of occupational safety and health standards following the work accident that took the life of veteran actor Eddie Garcia. Read more »

DOE says 'unbundling' to help find right pricing for fuels

ABS-CBN News
Posted at Jun 25 10:58 PM

The Philippine government's attempt to get a deeper look into pump prices is still facing pushback from the oil industry. Read more »

PEZA continues to resist rationalization of tax incentives

ABS-CBN News
Posted at Jun 25 10:56 PM

The Philippine Economic Zone Authority is optimistic it can be spared from plans to change the country's tax incentives regime. Read more »

PH shares snap 5-day winning streak amid geopolitical tensions

ABS-CBN News
Posted at Jun 25 10:47 PM

The lack of any positive catalysts in the Philippines and abroad sent most markets in Asia tumbling. Read more »

Peso strongest in 16 months as dollar weakens, Fed signals easing

ABS-CBN News
Updated as of Jun 25 10:07 PM

The Philippine peso touched its strongest level since February last year as the dollar fell against a basket of currencies amid the prospect of monetary easing by the Federal Reserve.  Read more »

Business confidence improved in Q2: BSP survey

ABS-CBN News
Posted at Jun 25 06:56 PM

The overall confidence index rose to 40.5 percent in the second quarter from 35.2, improving for two straight quarters, according to the Bangko Sentral ng Pilipinas’ Business Expectations Survey.  Read more »

Oil firms seek temporary restraining orders vs fuel price unbundling

ABS-CBN News
Posted at Jun 24 11:58 PM

A local oil firm believes the government order requiring the unbundling of fuel prices is leading the oil industry back to regulation. Read more »

PH shares close flat amid lingering global tensions

ABS-CBN News
Posted at Jun 24 11:35 PM

The wait-and-see mode prompted Philippine shares to pull back at the end of trade.  Read more »

Hundreds recognized at the 2019 InLife Annual Awards

Insular Life
Updated as of Jun 24 05:58 PM

Watch this video to see full event at the 2019 InLife Annual Awards. Read more »

Workers’ skills must be developed, Duterte tells ASEAN business sector

Vivienne Gulla, ABS-CBN News
Posted at Jun 23 02:20 AM

Duterte called on the ASEAN Business Advisory Council to help develop the skills of workers in Southeast Asia, as emerging technologies reshape labor demand. Read more »

PH shares eke out modest gains

ABS-CBN News
Posted at Jun 21 10:45 PM

Philippine stocks enjoyed some last-minute bargain hunting, propelling the main index to a 5th straight week of gains. Read more »

PH antitrust body speeds up review process for qualified deals

ABS-CBN News
Posted at Jun 21 10:40 PM

One of the Philippines’ biggest property developers believes there's still a lot of room for consolidation in the local sector. Read more »

'Unbundling' of fuel prices to take effect in July

ABS-CBN News
Posted at Jun 20 11:25 PM

The unbundling of fuel prices is set to finally take effect in July. Read more »

Metro Manila water supply shortage may worsen; Angat Dam nears critical level

ABS-CBN News
Posted at Jun 20 11:24 PM

Still no end in sight for the water supply issues hounding Metro Manila. Read more »

PH shares subdued before release of BSP policy decision

ABS-CBN News
Posted at Jun 20 11:22 PM

The Philippine market saw listless trade, having yet to react to the Bangko Sentral ng Pilipinas' policy decision, which came out after trading hours. Read more »

Analysts split on whether BSP will further cut rates

ABS-CBN News
Posted at Jun 19 10:33 PM

Analysts are torn on whether the Bangko Sentral ng Pilipinas will cut rates again Thursday, despite the faster-than-forecast inflation figure in May.  Read more »

PH shares join Asian bounce amid US-China trade optimism

ABS-CBN News
Posted at Jun 19 10:31 PM

While investors all over the world remain cautious as they await the Federal Reserve's policy decision, markets in Asia were given a reason to cheer, following a rekindling of US-China trade talks. Read more »

Meat processors welcome retention of lower tariffs on some poultry products

ABS-CBN News
Posted at Jun 18 10:58 PM

Among the anti-inflationary measures imposed by the Duterte administration, the retention of lower tariffs on some poultry products, a move welcomed by local meats processors. Read more »

Government issues IRR for mobile number portability act

ABS-CBN News
Posted at Jun 18 10:56 PM

Major telco firms in the Philippines are given 6 months to implement the Mobile Number Portability Act.  Read more »