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Stricter lockdown for PH bucked New! 2020-07-14 16:40:13The Presidential Adviser for Entrepreneurship warned against putting parts of the Philippines back under lockdown, as the country awaits President Dut

Sales of imported cars down 55% in H1 New! 2020-07-14 16:08:15Vehicle importers said their volume sales had been cut by more than half as of June, selling only a total of 19,455 units as the pandemic hurt the dem

Maynilad fast-tracks P 7.9-B La Mesa rehab project New! 2020-07-14 16:07:55Maynilad Water Services Inc. is revving up the deployment of workers at La Mesa to fast-track the P7.9-billion rehabilitation of raw water treatment p

Landbank loans to agriculture hit P 3B New! 2020-07-14 16:06:08State-run Land Bank of the Philippines continued to increase its loan portfolio for agriculture nearly a year since President Duterte threatened to ab

Banks can absorb losses from ABS-CBN shutdown New! 2020-07-14 16:05:55The Philippine banking system can absorb potential credit losses arising from the shutdown of broadcasting giant ABS-CBN Corp., whose congressional fr

PSEi inches up in thin trade New! 2020-07-14 16:04:15Trading of local stocks was muted on Tuesday as selective buying of large-cap stocks barely made up for weakness across the broader market. The main-s

DMCI to cut 2020 capital spending by 52% New! 2020-07-14 16:03:16DMCI Holdings Inc. is halving group-wide capital outlays this year as part of measures to cope with the fallout from the coronavirus pandemic.From the

Pandemic-induced financial market distortions temporary New! 2020-07-14 16:02:02The Philippine financial system remains strong and any damage that the coronavirus pandemic has inflicted on it is temporary, according to the head of

Pause and think about It New! 2020-07-14 16:01:27Question: It seems that everywhere you look in the world, the economies that are reopening are experiencing a return of COVID-19 cases. This is obviou

Huawei posts 13.1% revenue growth amid pandemic, sanctions 2020-07-14 05:52:48HONG KONG — Huawei Technologies reported Tuesday that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite

Vista Land raising $200M from offshore bonds 2020-07-14 04:38:22Villar-led property developer Vista Land & Lifescapes (VLL) has returned to the offshore bond market, raising $200 million to refinance older debt

Stocks slam into reverse as virus keeps scarring 2020-07-13 18:32:10NEW YORK  — Wall Street got a painful reminder of the threat the coronavirus pandemic poses to the economy Monday, and a big early gain for

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Sugar millers join call to lessen agri imports New! 2020-07-14 12:00:00The local sugar industry has joined the call of other agriculture groups to stop the importation of various farm commodities.

La Mesa upgrade nears completion New! 2020-07-14 12:00:00West zone concessionaire Maynilad Water Services Inc. is set to finish its P7.9-billion La Mesa treatment plants after the government eased quarantine

PAL launches mid-year special fare promo New! 2020-07-14 12:00:00This July 13, Philippine Airlines is launching a mid-year special offer promotion where travelers can “enjoy safe skies and safe travels with th

Population size and Filipino human capital development New! 2020-07-14 12:00:00Over the period under review, Philippine population grew at a rate faster than some of the major economies with which it is often compared in ASEAN.

ALI bullish on real estate recovery New! 2020-07-14 12:00:00Ayala Land Inc., the listed property developer of the Ayala Group, sees the real estate industry recovering from the impact of the COVID-19 pandemic.

AVID sales fall 55% in H1 despite strong New! 2020-07-14 12:00:00Sales of imported vehicles accelerated in June as the country transitioned into a more relaxed quarantine phase, but this was not enough to offset a h

What is fair and just New! 2020-07-14 12:00:00It’s no secret that 2020 has been a difficult year for everyone.

Inflation still manageable — DOF New! 2020-07-14 12:00:00Despite a slight uptick in June, the country’s inflation environment remains manageable, providing enough headroom for economic managers to impl

CALAX on track for completion New! 2020-07-14 12:00:00Metro Pacific Tollways Corp. is moving closer to its target of finishing the entire P35.43-billion Cavite-Laguna Expressway project within the term of

Landbank releases P3 billion loans to farmers New! 2020-07-14 12:00:00Government-owned Land Bank of the Philippines has released P3.02 billion in loans to farmers as part of efforts to help boost productivity of the loca

Chelsea to raise P500 million from preferred shares 2020-07-13 12:00:00Dennis Uy’s Chelsea Logistics and Infrastructure Holdings Corp. is raising P500 million from the sale of preferred shares, the proceeds of which

Avoid activities under transmission lines – NGCP 2020-07-13 12:00:00The National Grid Corp. of the Philippines is appealing to the public to refrain from doing any activities near transmission lines to prevent power ou

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DTI asks LGUs to shorten curfew hours New! 2020-07-14 07:50:00The Department of Trade and Industry urged local government units to extend their curfew limits to 12 a.m. from 10 p.m. to allow restaurants to have l

BAP assures stability of local banking system New! 2020-07-14 07:40:00The Bankers Association of the Philippines, the umbrella organization of universal and commercial banks in the country, on Monday, expressed its confi

DMCI lowers 2020 capital expenditures by half to New! 2020-07-14 07:35:00DMCI Holdings, the diversified engineering conglomerate owned by the Consunji family, said it will reduce its 2020 capital expenditures by 52 percent

Bantayan Electric Co-op defends new power supply, says New! 2020-07-14 07:30:00Bantayan Island Electric Cooperative said Tuesday the competitive selection process held on the power supply requirement of Bantayan Island in Cebu la

Salceda pushes broader satellite technology to make Internet New! 2020-07-14 07:25:00Albay Rep. Joey Sarte Salceda, chairman of the House ways and means committee, pushed for a broader use of satellite technology for faster Internet es

Market ends flat; Ayala Land, Puregold rise New! 2020-07-14 07:20:00Stocks closed virtually flat Tuesday amid fears over a spike in coronavirus infections around the world, the reimposition of containment measures, and

Singapore in recession as economy sinks 41% New! 2020-07-14 07:15:00Singapore---Singapore plunged into recession in the second quarter as the economy contracted more than 40 percent, preliminary data showed Tuesday, wi

1st CALAX interchange completed in early ‘21 New! 2020-07-14 07:10:00MPCALA Holdings Inc., a unit of Metro Pacific Tollways Corp., expects to open the first interchange of the Cavite segment of the Cavite Laguna Express

Sales of imported cars jumped 198% in June New! 2020-07-14 07:05:00The Association of Vehicle Importers and Distributors Inc. said sales increased to 3,697 units in June this year, a month-on-month improvement of 198

Vista Land set to sell $200-million dollar notes New! 2020-07-14 07:00:00Homebuilder Vista Land & Lifescapes Inc. is raising as much as $200 million from the issuance of dollar-denominated notes due 2027.

Investments pledges doubled to P645 billion in first 2020-07-13 09:00:00Investment pledges approved by the Board of Investments surged 112 percent in the first half to P645.3 billion from P304.4 billion in the same period

June vehicle sales rebounded 225% on monthly basis 2020-07-13 08:55:00Vehicle sales rebounded 225.4 percent in June from the previous month, after the government eased the community quarantine in Luzon.

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England vs West Indies Live score 1st Test 2020-07-12 10:15:06Chasing 200 runs, Roston Chase and Blackwood put visitors back in hunt on Day 5 of England vs West Indies 1st Test with a 50-run stand. Check Eng vs W

Coronavirus LIVE: 7,827 new Covid-19 cases in Maharashtra; 2020-07-12 09:46:57Coronavirus latest news: The World Health Organization has lauded Mumbai's Dharavi for breaking the chain of Covid-19 transmission

Latest News LIVE: Sachin Pilot also sidelined by 2020-07-12 08:40:42The India Meteorology Department has said that heavy-to-very heavy rainfall is expected in sub-Himalayan West Bengal and Sikkim, and East Uttar Prades

After Harvard & MIT, Johns Hopkins sues US 2020-07-12 08:36:24The US has the largest international student population in the world, with more than a million of the nation's higher education students

Stressed NBFCs, HFCs seek Rs 10k-cr support under 2020-07-12 07:45:51The scheme was launched on July 1

India's FY21 GDP growth to be in negative 2020-07-12 07:24:51The Covid-19 pandemic outbreak has severely impacted the economic activities

Earnings, macro data, global cues to dictate market 2020-07-12 07:05:50Retail inflation data will be announced on Monday, followed by WPI inflation numbers on Tuesday

Samsung Galaxy Note 20 may have a smaller 2020-07-12 06:56:03South Korean tech giant Samsung is set to host a virtual event on August 5 to launch the new Galaxy Note 20 series, and a new report suggests it will

Govt explores options to fund Udan scheme as 2020-07-12 06:34:31Domestic flights, including those under the regional connectivity scheme, resumed on May 25 after a suspension of two months

The perils of name lending: Banks count cost 2020-07-12 05:48:59Borrowing on the basis of reputation, known as "name lending", and taking on a large exposure to one person or entity is not unusual in the Gulf reg

FPIs pull out Rs 2,867 cr from Indian 2020-07-12 05:47:21The latest withdrawal has come after investment of Rs 24,053 crore by FPIs in domestic markets in June

Eight shortlisted for post of RBI deputy governor; 2020-07-12 04:22:47The selected name from the interview will be sent to the Appointments Committee of the Cabinet headed by the Prime Minister for final approval

Trading Economics

Philippines Coronavirus Cases 2020-07-07 01:08:00Philippines recorded 44254 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines repo

Philippines Inflation Rate 2020-07-06 23:28:00The inflation rate in Philippines was recorded at 2.50 percent in June of 2020. Inflation Rate in Philippines averaged 8.25 percent from 1958 until 20

Philippines Food Inflation 2020-07-06 21:49:00Cost of food in Philippines decreased 0.90 percent in September of 2019 over the same month in the previous year. Food Inflation in Philippines averag

Philippines CPI Transportation 2020-07-06 21:35:00The transportation sub-index of the CPI basket in Philippines increased to 108.80 points in June of 2020 from 101.90 points in May of 2020. CPI Transp

Philippines CPI Housing & Utilities 2020-07-06 21:35:00CPI Housing Utilities in Philippines increased to 113.90 points in June from 113.80 points in May of 2020. CPI Housing Utilities in Philippines averag

Philippines Core Consumer Prices 2020-07-06 21:34:00Core Consumer Prices in Philippines increased to 122.60 points in June from 122.10 points in May of 2020. Core Consumer Prices in Philippines averaged

Philippines Consumer Price Index (CPI) 2020-07-06 21:34:00Consumer Price Index CPI in Philippines increased to 122.90 points in June from 122.30 points in May of 2020. Consumer Price Index CPI in Philippines

Philippines Manufacturing Production 2020-07-06 21:33:00Industrial Production in Philippines decreased 42.10 percent in May of 2020 over the same month in the previous year. Industrial Production in Philipp

Philippines Coronavirus Deaths 2020-07-06 21:17:00Philippines recorded 1297 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines repo

Philippines Inflation Rate MoM 2020-07-06 21:13:00The Consumer Price Index in Philippines increased 0.50 percent in June of 2020 over the previous month. Inflation Rate Mom in Philippines averaged 0.6

Philippines Core Inflation Rate 2020-07-06 21:03:00Core consumer prices in Philippines increased 3 percent in June of 2020 over the same month in the previous year. Core Inflation Rate in Philippines a

Philippines GDP per capita PPP 2020-07-06 12:47:00The Gross Domestic Product per capita in Philippines was last recorded at 8908.20 US dollars in 2019, when adjusted by purchasing power parity (PPP).

Reuters: Business News

Colgate reviewing Chinese toothpaste brand Darlie amid debate 2020-06-18 09:48:18Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassess

Wirecard scrambles to find missing $2.1 billion as 2020-06-18 09:39:13Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payment

Wall Street opens lower on rising virus cases, 2020-06-18 09:38:27U.S. stocks fell at the open on Thursday as an uptick in COVID-19 infections in the United States threatened to upend bets of a swift economic recover

Chanel warns virus impact will linger on luxury 2020-06-18 09:29:03The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's chief financial officer said on

Factbox: German payments firm Wirecard and its missing 2020-06-18 09:24:49Billions of euros of loans to Wirecard could be called in as early as Friday after the German payments company said its auditor had refused to sign o

Cash flows into U.S. growth funds surge, value 2020-06-18 09:08:45U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped val

U.S. Chamber urges China to accelerate purchases of 2020-06-18 08:53:29The U.S. Chamber of Commerce on Thursday underscored the importance of functional U.S.-China ties and urged Beijing to step up its purchases of U.S. g

Oil prices tick up as drop in U.S. 2020-06-18 08:48:56Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead of a meeting between OPEC producers and t

KKR buys vacation parks firm Roompot in $1.1 2020-06-18 08:47:56U.S. private equity firm KKR said on Thursday it had reached an agreement to buy Dutch vacation parks firm Roompot from French private equity firm PA

U.S. weekly jobless claims remain high as second 2020-06-18 08:38:50A second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated, supporting

Kroger expects to top 2020 outlook, beats estimates 2020-06-18 08:27:11Kroger Co said it expects to exceed its 2020 outlook for same-store sales and profit after beating Wall Street expectations for quarterly results on

Exclusive: EU in advanced talks with Johnson & 2020-06-18 08:25:28The European Commission is in advanced talks with pharmaceutical giant Johnson & Johnson to reserve or buy up-front doses of its COVID-19 vaccine

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