News

Senate approves Rice Tariffication Bill on final reading

Vivienne Gulla, ABS-CBN News
Updated as of Nov 14 07:23 PM

MANILA - The Senate approved the Rice Tariffication Bill on third and final reading on Wednesday.  Read more »

Presyo ng mga pang-Noche Buena, 'nakapako' na

ABS-CBN News
Updated as of Nov 14 08:47 PM

Tiniyak ng mga manufacturer ng mga produktong ginagamit panghanda ng Noche Buena na hindi na magtataas ang kanilang mga presyo hanggang sa dulo ng taon. Read more »

Trump lashes Macron as Europe moves on defense without US

Shaun Tandon and Maggy Donaldson, Agence France-Presse
Posted at Nov 14 07:28 AM

On the heels of a rocky trip to Paris to mark the World War I centenary, Trump fired off a caustic series of early-morning tweets against Macron and renewed his frequent charge that America's European allies in NATO spend too little on defense. Read more »

Oil's plunge knocks wind out of Wall Street

Agence France-Presse
Posted at Nov 14 07:14 AM

Global equities markets offered a mixed picture but were mostly higher despite headwinds from Brexit talks and Italy's budget talks. Read more »

China says US controls on semiconductor firm break WTO rules

Reuters
Posted at Nov 13 09:19 PM

The US decision to cut off a Chinese state-backed chipmaker from US suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a US monopoly, China told a WTO meeting on Tuesday. Read more »

Warnings of a 'domino effect' of protectionism as Asian leaders meet

Lee Chyen Yee and Fathin Ungku, Reuters
Posted at Nov 13 09:16 PM

Asian leaders gathered for a summit on Tuesday amid warnings that the post-World War Two international order is in jeopardy and trade tensions between Washington and Beijing could trigger a "domino effect" of protectionist measures by other countries. Read more »

Tapyas sa pasahe, presyo ng bilihin, iginiit dahil sa pagmura ng petrolyo

ABS-CBN News
Updated as of Nov 13 07:14 PM

Itinulak ng ilang grupo nitong Lunes na maibaba ang presyo ng pasahe at mga bilihin kasunod ng pagbaba ng presyo ng mga produktong petrolyo sa ikalimang sunod-sunod na linggo.  Read more »

DTI urged: Order price rollback of basic goods

ABS-CBN News
Posted at Nov 13 09:18 AM

A consumer group on Tuesday urged the Department of Trade and Industry to direct businessmen to slash the prices of basic goods after recent rollbacks on oil prices.   Read more »

Trade war, censors blow chill wind through China's giant tech scene

Cate Cadell, Reuters
Posted at Nov 13 07:13 AM

China's tech giants are facing a reckoning, with rising state control over the sector, tightening regulation and a biting trade war with the United States stymieing growth. Read more »

China calls for open world economy but work remains on landmark trade pact

John Geddie and Manuel Mogato, Reuters
Posted at Nov 13 06:51 AM

China will further open its economy in the face of rising protectionism, Premier Li Keqiang said as he arrived in Singapore on Monday for meetings with Asia-Pacific leaders that will focus on speeding up work on a major new trade pact. Read more »

2 binatilyo na nanloob sa DTI sa Antipolo, timbog

ABS-CBN News
Posted at Nov 13 01:48 AM

Sa Antipolo City, timbog ang 2 menor de edad dahil sa umano'y panloloob sa opisina ng Department of Trade and Industry. Read more »

Call for open markets as world leaders gather in Singapore

Agence France-Presse
Posted at Nov 12 02:57 PM

Singapore's prime minister made an impassioned plea Monday for open markets and warned "political pressures" were driving countries apart, in a swipe at rising protectionism at the start of a gathering of world leaders.  Read more »

Singapore calls for closer Southeast Asia, says multilateralism under threat

Reuters
Posted at Nov 12 12:21 PM

Singapore Prime Minister Lee Hsien Loong called on Monday for greater integration between Southeast Asian countries at a time when multilateralism is under threat. Read more »

China-backed trade deal center stage at summit as US retreats

Martin Abbugao, Agence France-Presse
Posted at Nov 11 12:12 PM

World leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit this week, in a rebuke to rising protectionism and Donald Trump's "America First" agenda. Read more »

Fil-Am daredevil arrested again in New York

ABS-CBN North America News Bureau
Updated as of Nov 10 04:19 PM

The young Filipino-American daredevil infamous for scaling 1 World Trade Center in 2014 when he was only 16 years old and got arrested for it did it again. Read more »

PH shares join downturn in Asia

ABS-CBN News
Posted at Nov 09 11:42 PM

Philippine shares succumbed to selling pressure Friday, joining a region-wide slump. Read more »

SRP sa bigas pinatutupad na; NFA nagbabala sa parusa

ABS-CBN News
Posted at Nov 09 07:50 PM

Sinimulan na nitong Biyernes ang pagpapatupad sa suggested retail price o SRP ng bigas sa buong bansa at ang pagpapataw ng parusa sa mga hindi susunod dito sa Kalakhang Maynila.  Read more »

Congressional spouses hold Kabuhayan livelihood trade fair

Bianca Dava, ABS-CBN News
Posted at Nov 08 04:05 PM

It’s like shopping across the Philippines in one place. Read more »

PH shares fall anew ahead of Q3 GDP data

ABS-CBN News
Posted at Nov 07 11:03 PM

Worries over the upcoming third quarter GDP data dragged Philippine shares back to a crucial support level. Read more »

Trade deficit widens in September as exports decline

ABS-CBN News
Posted at Nov 07 05:01 PM

The country's trade deficit widened in September as exports declined while imports surged, the Philippine Statistics Authority (PSA) said on Wednesday. Read more »