business-nightly | ABS-CBN News

PH gov't set to review poverty reduction targets

ABS-CBN News
Posted at Dec 06 11:14 PM

But not everyone is impressed by the latest data. Read more »

PH shares snap 3-week losing streak ahead of BSP's last policy meeting for 2019

ABS-CBN News
Posted at Dec 06 11:11 PM

Philippine shares joined the regional uptrend, snapping three weeks of losses.  Read more »

Water supply interruptions expected despite Angat water level rise

ABS-CBN News
Posted at Dec 05 11:20 PM

Rotating water interruptions are set to continue despite the improved water level in Metro Manila's main water source. Read more »

Strong jobs data mean better spending power for consumers: analyst

ABS-CBN News
Posted at Dec 05 11:11 PM

While economists welcome the record low unemployment figures in the Philippines, the country's top economic agency is still pushing for more reforms to make sure more Filipinos find gainful jobs. Read more »

PH shares fall as water concessionaires' slump continues

ABS-CBN News
Posted at Dec 05 11:09 PM

The continued decline in shares of local water concessionaires was the culprit for Thursday's slump. Read more »

Ride-hailing app Angkas hopes for extension of pilot run

ABS-CBN News
Posted at Dec 04 10:47 PM

The local riding public rallies behind motorcycle taxi-hailing app Angkas as the end of the firm's 6-month pilot testing period draws near.  Read more »

PAGCOR working on harmonizing tax rules for POGO industry

ABS-CBN News
Posted at Dec 03 11:15 PM

Prospects for Philippine offshore gaming operators continue to be bright, as one of the world's biggest gaming expos debut in Manila. Read more »

Parts of Luzon, Visayas left without power due to typhoon Tisoy

ABS-CBN News
Posted at Dec 03 11:14 PM

It's still unsure when normal electricity supply will be restored. Read more »

ADB approves $400-M loan to address youth unemployment in PH

ABS-CBN News
Posted at Dec 03 11:08 PM

The lender also expects the private sector to play a key role in making the youth more employable. Read more »

Energy chief says national transmission grid can be remotely controlled by 'foreign entities'

ABS-CBN News
Posted at Dec 02 11:40 PM

Contrary to assertions, the country's energy chief believes the national power grid can be controlled by foreign entities. Read more »

Study shows digital payments skyrocketed in PH

ABS-CBN News
Posted at Dec 02 11:38 PM

The Bangko Sentral ng Pilipinas is confident of hitting bigger growth targets for the country's e-payments transformation after a study shows monthly digital transactions in the Philippines skyrocketed in 2018. Read more »

More than half of P3-B price bond offer already purchased, treasury bureau says

ABS-CBN News
Posted at Dec 02 11:14 PM

Just a week into the government's offer period for its multi-billion- peso prize bond sale, the offer is already more than halfway gone. The bonds were snapped up by mostly individual investors.  Read more »

Hundreds of traffic enforcers to clear routes for SEA Games convoys

ABS-CBN News
Posted at Nov 30 01:38 AM

Stringent measures are set to be in place in the Philippine Arena for the SEA Games opening ceremony on Saturday.  Read more »

PH targets over 100 gold medals in 2019 SEA Games

ABS-CBN News
Updated as of Nov 30 03:29 PM

Philippine sports officials are banking on the country's home-court advantage to turn things around in this year's SEA Games. Read more »

Gov't confident it can meet infra spending target for 2019

ABS-CBN News
Posted at Nov 30 01:32 AM

The Philippine government says it's on track to meet its infrastructure spending for the year despite budget delay concerns. That, as it greenlights 7 new projects amounting to over P3.6 billion. Read more »

SEC steps up crackdown on investment scandals

ABS-CBN News
Posted at Nov 30 01:27 AM

There's only a month left in 2019 but the Securities and Exchange Commission is still expecting more fundraising activities to be registered by year's end. Read more »

PH shares post 3rd weekly loss despite Fruitas' strong PSE debut

ABS-CBN News
Posted at Nov 30 01:12 AM

Asian markets also ended the month on the back foot with Hong Kong stocks leading the losses as US-China tensions over the Chinese territory flare up. Read more »

Athletes hopeful PH's SEA Games hosting will be successful

ABS-CBN News
Posted at Nov 28 11:56 PM

It’s all hands on deck for the Philippines with only two days to go before it formally opens this year’s SEA Games.  Read more »

China: PH power grid not under our control

ABS-CBN News
Posted at Nov 28 11:51 PM

The National Grid Corporation of the Philippines again assured the public the power grid is manned by Filipinos. Read more »

PH shares shed gains amid tension over HK

ABS-CBN News
Posted at Nov 28 11:49 PM

Philippine shares reversed some of Wednesday's gains underperforming most of Asia. Read more »