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US Treasury urges Congress to raise US debt limit

Reuters
Posted at Sep 28 08:45 PM

US Treasury Secretary Janet Yellen said the recovery from a COVID-19 pandemic-induced recession remains fragile but rapid. Read more »

PH shares post flat finish to 6,956

ABS-CBN News
Posted at Sep 27 11:08 PM

The Philippine Stock Exchange Index eked out gains even as foreign investors dumped local stocks. Read more »

PH pushed to be key player in $17-B intl bamboo industry

Bruce Rodriguez, ABS-CBN News
Posted at Sep 27 08:13 PM

Bamboo is used in construction, while its fiber can be used by other industries like paper, charcoal, and textile or clothes. Read more »

BAP backs greater mobility for fully vaxed

ABS-CBN News
Posted at Sep 27 03:08 PM

The Bankers Association of the Philippines on Monday said it supports greater mobility for fully vaccinated individuals to stimulate economic activity. Read more »

PH shares post gains for second straight day

ABS-CBN News
Posted at Sep 22 10:08 PM

The Philippine Stock Exchange Index posted slight gains as investors remained cautious ahead of policy decisions from several central banks. Read more »

Philippines urged to sign RCEP regional trade treaty

Bruce Rodriguez, ABS-CBN News
Posted at Sep 22 08:19 PM

The Philippines should quickly ratify the RCEP free trade deal as it may lose out on its economic benefits, several experts said on Wednesday. Read more »

ADB keeps Philippine growth outlook for 2021

Jessica Fenol and Warren De Guzman, ABS-CBN News
Updated as of Sep 22 04:05 PM

The Asian Development Bank on Wednesday kept its growth outlook for the Philippine economy for 2021 while downgrading the forecasts for Southeast Asia and the rest of developing Asia. Read more »

ADB cuts Asia growth forecast on slow COVID vaccine rollout

Agence France-Presse
Posted at Sep 22 10:35 AM

The Asian Development Bank warned of "lasting scars" from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination rates, surging infections and crippling lockdowns. Read more »

PH shares stage last-minute recovery, climbs to 6,881

ABS-CBN News
Posted at Sep 21 10:34 PM

The Philippine Stock Exchange Index snapped its two-day losing streak after staging a last-minute recovery. Read more »

OECD lowers global, US economic growth forecasts

Agence France-Presse
Posted at Sep 21 09:20 PM

The OECD warned Tuesday of an "uneven" global economic recovery as it lowered its 2021 growth forecasts for the world and the United States. Read more »

Crunch time for Evergrande, but no 'Lehman moment'

Agence France-Presse
Posted at Sep 21 02:55 PM

Talk of a 'Lehman moment' has rung loud this week as worried investors try to ascertain whether the crisis could be a replay of the Wall Street titan. Read more »

PH shares fall for second straight session to 6,857

ABS-CBN News
Posted at Sep 21 12:03 AM

The Philippine Stock Exchange Index started the new trading week on the backfoot as it joins other Asian markets lower. Read more »

NEDA: PH recovery from pandemic to cost over P41-T

ABS-CBN News
Posted at Sep 20 11:59 PM

The Philippines is estimated to be losing P41 trillion due to the COVID-19 pandemic. Read more »

PH shares snap 3-day losing streak, climb to 6,968

ABS-CBN News
Posted at Sep 16 11:51 PM

The Philippine Stock Exchange Index surged for the first time in four days as Metro Manila adopted a new quarantine scheme. Read more »

Spending to help MSMEs

Dexter Jordan L. Yu
Posted at Sep 16 12:07 AM

We should redefine 'government aid' as not a bailout, but as an entitlement we can avail of when we need it, much like an insurance payout given after years of paying premiums. Read more »

PH shares fall for third straight day

ABS-CBN News
Posted at Sep 15 11:57 PM

The Philippine Stock Exchange Index fell for a third straight day amid profit taking and net foreign selling. Read more »

Preparing for salon reopening

Jonathan Cellona, ABS-CBN News
Posted at Sep 15 03:11 PM

Salon manager Alejandro Dungo disinfects their shop as they prepare for the reopening of Reyes Haircutters Salon in Quezon City on Wednesday. Read more »

PH shares end in the red for 2nd straight day

ABS-CBN News
Posted at Sep 14 10:58 PM

The Philippine Stock Exchange Index closed lower even after the country's largest REIT offering debuted on the stock market. Read more »

PH shares end flat at 6,968; Globe shares soar

ABS-CBN News
Posted at Sep 13 11:52 PM

The Philippine Stock Exchange Index posted a flat finish even as most telco stocks soar. Read more »

PH shares snap two-day rally, drop to 6,924

ABS-CBN News
Posted at Sep 09 11:31 PM

The Philippine Stock Exchange Index broke its two-day winning streak as foreign funds continued to trudge out of the local bourse. Read more »