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Tech demand drives Asia's factory revival, China's slowdown puts dampener

Leika Kihara, Reuters
Posted at Mar 01 02:03 PM

Solid demand for technology goods drove extended growth in Asia's factories in February, but a slowdown in China underscored the challenges facing the region as it seeks a sustainable recovery from the shattering COVID-19 pandemic blow.   Read more »

Workers to have smaller income, less family time due to fewer holidays: Robredo

Gillan Ropero, ABS-CBN News
Updated as of Feb 28 11:16 PM

Vice President Leni Robredo on Sunday lamented President Rodrigo Duterte's decision to declare Christmas Eve, New Year's Eve and All Souls' Day as special working days.  Read more »

What will US economic recovery look like?

Heather Scott, Agence France-Presse
Posted at Feb 28 12:35 PM

The US economy is rebounding faster than expected from the COVID-19 recession, outperforming the most pessimistic estimates. But some areas remain largely shut down. So what will recovery look like?   Read more »

PH shares buck global rout, but post 3rd weekly loss

ABS-CBN News
Posted at Feb 27 01:33 AM

Philippine shares bucked a global rout that stemmed from a rise in US bond yields. Read more »

Dominguez: PH needs ‘more years’ to fully recover losses from pandemic

Bruce Rodriguez, ABS-CBN News
Posted at Feb 26 07:33 PM

Finance Secretary Carlos Dominguez III said the local economy will need "more years" to go back to its pre-pandemic levels as the country continues to stagger from the impacts of COVID-19. Read more »

Financial execs 'strongly urge' passage of GUIDE bill to aid small businesses

ABS-CBN News
Posted at Feb 25 05:18 PM

A group composed of the country’s top financial executives is urging Congress to pass a bill that seeks to provide financial assistance to distressed micro, small and medium enterprises (MSMEs). Read more »

PLDT's air charter business sees growing demand in private transport service

ABS-CBN News
Posted at Feb 25 03:13 PM

Demand for private air charter service is starting to pick up this year as travel restrictions are being relaxed and the economy reopens, PLDT's aviation arm Pacific Global One Aviation (PG1) said Thursday.  Read more »

PH shares fall to near 4-week low

ABS-CBN News
Posted at Feb 25 04:45 AM

A volatile session on Wall Street triggered a sea of red across most Asian markets. Read more »

EU seeks views on gig workers' rights ahead of new law by year end

Foo Yun Chee, Reuters
Posted at Feb 24 09:42 PM

The European Commission kicked off a public consultation on Wednesday to determine whether to propose a law that would give gig economy workers greater rights as contractors or employees or by being allowed to bargain as a group. Read more »

PH shares post flat finish after Duterte junks MGCQ proposal for entire country

ABS-CBN News
Posted at Feb 23 10:39 PM

Philippine shares posted a flat finish after President Rodrigo Duterte opposed the easing of community quarantine restrictions in the country. Read more »

PH shares slip as investors wait for quarantine classification updates

ABS-CBN News
Posted at Feb 22 11:23 PM

Philippine shares retreat on the first trading day of the week as foreign selling continues. Read more »

PSE recovers amid talk of eased quarantine rules

ABS-CBN News
Posted at Feb 20 12:39 AM

The Philippine Stock Exchange Index recovered following news of possible looser quarantine restrictions. Read more »

IATF recommends putting entire PH under MGCQ in March

ABS-CBN News
Posted at Feb 19 10:53 PM

The Philippines' pandemic task force is recommending looser quarantine restrictions throughout the country next month.   Read more »

Uber drivers entitled to worker rights, top UK court rules in blow to business model

Costas Pitas, Reuters
Posted at Feb 19 10:33 PM

LONDON - A group of Uber drivers are entitled to worker rights such as the minimum wage, Britain's Supreme Court ruled on Friday in a blow to the ride-hailing service that has ramifications for millions of others in the gig economy. Read more »

UK economy shows signs of stabilization after new lockdown hit

William Schomberg and David Milliken, Reuters
Posted at Feb 19 09:47 PM

Britain’s economy has stabilized after a new COVID-19 lockdown last month hit retailers, and business and consumers are hopeful the country’s vaccination campaign will spur a recovery, data showed on Friday. Read more »

Philippines set to take rare top spot for IPOs in Southeast Asia

Neil Jerome Morales and Anshuman Daga, Reuters
Posted at Feb 19 02:49 PM

A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia’s biggest IPO market this year, driven by attractive valuations and a recovering economy. Read more »

PH shares fall following release of minutes from US Fed meeting

ABS-CBN News
Posted at Feb 18 11:24 PM

Philippine shares extended their decline for a second straight day, along with most Asian markets. Read more »

HSBC economist sees BSP raising rates next year by up to 75 basis points

ABS-CBN News
Posted at Feb 18 04:04 PM

The Bangko Sentral ng Pilipinas may raise interest rates next year by as much as 75 basis points, an HSBC economist said in an ANC interview on Thursday.   Read more »

PH stocks drop amid foreign selling

ABS-CBN News
Posted at Feb 17 10:33 PM

Philippine shares joined the decline in most Asian markets due to foreign selling.  Read more »

WTO needs to show results on economic crisis, vaccines: Okonjo-Iweala

Heather Scott, Agence France-Presse
Posted at Feb 17 12:48 PM

Nigeria's Ngozi Okonjo-Iweala, newly selected head of the World Trade Organization (WTO), said Tuesday she will push for concrete results in addressing the dual economic and health crises facing the globe. Read more »