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To weather pandemic, Cebu Air sets out to raise crucial $250M

The Gokongwei family’s Cebu Air Inc. is moving forward with a fundraising plan to shore up its resources during the COVID-19 pandemic. The publiRead More

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AMLC urges vigilance as suspicious money transactions 2020-11-22 15:08:30The Anti-Money Laundering Council (AMLC) urged financial industry stakeholders to remain cautious and vigilant amid rising evidence that criminal elem

Traders: Import halt to distort flow of affordable 2020-11-22 15:07:29A group of rice industry stakeholders has appealed to the Bureau of Plant Industry (BPI) to lift the suspension on the issuance of import permits, cit

For PH telcos that have long embraced 2020-11-22 15:06:49A Biden-led White House would have little impact on local telecommunications players even if the United States continued its crackdown on Chinese tech

PSEi seen to continue climb, retest 7,300 2020-11-22 15:05:53The benchmark Philippine Stock Exchange index (PSEi) could move higher this week after a strong finish on Friday following the Bangko Sentral ng Pilip

Economic recovery, poverty reduction blueprint up for 2020-11-22 15:04:04The Philippines’ updated medium-term development plan to ultimately reduce poverty and revert to economic growth after a pushback from the COVID

Drive launched to prevent dubious financial traps 2020-11-22 15:03:15Filipinos are being urged to be more vigilant against online scams and fraud as the adoption of digital transactions in the country accelerates, in pa

How German technology can contain PH flood 2020-11-22 15:02:28The world is drowning. While it continues to battle the global pandemic, yet another calamity has literally drowned several parts of Asia and America.

When the impossible becomes possible 2020-11-22 15:01:53While the COVID-19 pandemic has inspired creativity and ingenuity, New York Times best-selling author Eric Ries said people should not wait for a cris

Groups alarmed that FDA accepted grants from foreign 2020-11-22 11:51:17MANILA, Philippines — Reports that the F00d and Drug Administration (FDA) accepted grants from foreign anti-tobacco groups have alarmed the Inte

Bumpy road ahead of KAL-Asiana tie-up 2020-11-22 04:51:09SEOUL — Controversy escalated Sunday over the proposed business integration plan of South Korea’s two flag carriers — Korean Air Lin

Ramon Ang apologizes, assures help to victims of 2020-11-22 02:14:09MANILA, Philippines — San Miguel Corp. (SMC) president and chief operating officer Ramon Ang on Sunday apologized to the victims and families of

Probe sought on Meralco’s costly purchase of power 2020-11-21 16:05:21Militant lawmakers want the House of Representatives to investigate the Manila Electric Company’s (Meralco) alleged purchase of costly power fro

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BSP to issue framework for digital banks 2020-11-22 11:00:00The Bangko Sentral ng Pilipinas is set to issue the regulatory framework for digital banks in its bid to promote market efficiencies and expand the ac

Go Negosyo celebrates 15 years 2020-11-22 11:00:00Go Negosyo kicked off its month-long anniversary in November by looking back at its momentous 15-year journey, while reaffirming its commitment to hel

Robinsons Bank earnings jump 70% in 9 months 2020-11-22 11:00:00The earnings of Gokongwei-led Robinsons Bank Corp. jumped by 70 percent to P786.22 billion from January to September compared to P461.28 million in th

AC Energy to ensure coal plants’ reliability 2020-11-22 11:00:00AC Energy, Inc., the power unit of the Ayala Group, will ensure the reliable operations of AA Thermal Inc.’s coal power plants before proceeding

DTI pushes FTA with South Korea 2020-11-22 11:00:00The Department of Trade and Industry is still aiming to conclude the negotiations for a Free Trade Agreement with South Korea before the end of the ye

HSBC ramps up digital spending 2020-11-22 11:00:00British banking giant HSBC is ramping up investments in information technology as consumers continue to shift to digital transactions amid the pandem

Megawide GMR vows to improve NAIA processes 2020-11-22 11:00:00Megawide Construction Corp. and its partner GMR Infrastructure Ltd. of India have vowed to end the flight delays passengers are experiencing at the Ni

Damned 2020-11-22 11:00:00I can’t wrap my head around the recent tragedy in Cagayan Valley.

DA urged to resume issuance of rice import 2020-11-22 11:00:00The Department of Agriculture is urged to resume the issuance of rice import permits so as not to disrupt the supply of Filipinos’ main staple a

DoubleDragon gears up for P14.7 billion REIT offering 2020-11-22 11:00:00DoubleDragon Properties Corp., the listed property developer of Edgar “Injap” Sia II, is gearing up for its P14.7 billion REIT offering am

LRMC, Bayad Center partner for bills payments 2020-11-21 11:00:00Light Rail Manila Corp. is bringing bills payment closer to the passengers of LRT-1 with its partnership with Bayad Center.

Lifeblood of the nation 2020-11-21 11:00:00The only thing that is certain about the state of both our and the global economy is that there is going to be a lot of uncertainty in terms of the

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Former NEDA chief urges gov’t to step up New! 2020-11-23 08:00:13Former Economic Planning Secretary Ernesto Pernia on Monday asked the government to ramp up health-related spending to mitigate the impact of the COVI

DoubleDragon’s REIT unit to hold P14.7-b IPO in New! 2020-11-23 07:55:12DDMP REIT Inc., the real estate trust company of DoubleDragon Properties Corp., said Monday it plans to hold its P14.7-billion initial public offering

Israeli group of companies relocating from China to New! 2020-11-23 07:50:11An Israeli technology conglomerate with subsidiaries in China is transferring all its operations from the north Asian country to the Philippines by 20

Megawide-GMR submits financial documents on NAIA rehabilitation New! 2020-11-23 07:45:10Megawide Construction Corp. and foreign partner GMR Infrastructure Limited said Monday they submitted financial documents to the government as additio

Golden Bria okays change in corporate name to New! 2020-11-23 07:40:09Golden Bria Holdings Inc. said Monday it will change its corporate name to Golden MV Holdings Inc., fueling speculations it could be transformed into

More studies needed for West PH Sea basin New! 2020-11-23 07:35:08Oil and gas exploration companies on Monday called for more thorough studies on the country’s sedimentary basin including the West Philippine Se

Meralco unit bags solar distribution deal New! 2020-11-23 07:30:07MSpectrum, Inc., the solar unit of Manila Electric Co., signed an agreement with Enphase Energy Inc., the world’s leading supplier of micro-inve

Globe backs digital projects of UnionBank New! 2020-11-23 07:25:06Globe Business said it supports Union Bank of the Philippines in the digitalization of its work from home setup through Globe Pocket WiFis, video conf

Market rises slightly; RLC, Metro Pacific lead gainers New! 2020-11-23 07:20:05The stock market rose slightly Monday on last-minute buying from investors on growing optimism over vaccine developments.

WTO tackles ban on fishing subsidies as cut-off New! 2020-11-23 07:15:04Geneva, Switzerland—Negotiations on banning billions of dollars in fisheries subsidies are coming to the crunch at the beleaguered World Trade O

AC Energy to accelerate divestment of coal assets 2020-11-22 07:15:11AC Energy Inc., the energy unit of Ayala Corp., plans to divest its coal assets ahead of the original target of 2030, joining other local and internat

Marcventures receives 3 ISO re-certifications for quality standards 2020-11-22 07:10:10Marcventures Mining and Development Corp. received International Organization for Standardization re-certification for Quality Management System (ISO

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Maha makes RT-PCR negative report mandatory for entering New! 2020-11-23 09:02:58This applies to those entering from Delhi, Rajasthan, Gujarat and Goa

Former Assam CM Tarun Gogoi dies at 86 New! 2020-11-23 08:53:03Gogoi was the longest serving chief minister of Assam

Sebi to relax norms for promoters to reclassify New! 2020-11-23 08:34:33Maximum promoter holding to be eligible for reclassification to be raised from 10% to 15%; waiting time to be brought down to one month from three

Templeton moves SC against HC order on investor New! 2020-11-23 08:16:46Karnataka HC had said investors can receive money from cash-rich schemes if trustees' decision to wind up the schemes is held valid, but stayed its j

Oxford-AstraZeneca vaccine shows positive results, up to 90% New! 2020-11-23 08:11:27Data from global trials to be submitted to the Indian regulator by the end of December

Why retail, HNI investors may be regretting giving New! 2020-11-23 07:45:26Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing

LIVE: Maharashtra to seek Covid-19 report from NCR, New! 2020-11-23 07:17:57Coronavirus live updates: At 1,780,208, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 873,046, Andhra Pradesh 862,000

RIL, IT stocks help Sensex settle 195 pts New! 2020-11-23 06:20:46All that happened in the markets today

Govt may be waiting on Cairn case before New! 2020-11-23 06:15:15Retrospective tax to the tune of Rs 10,247 crore levied on UK's Cairn Energy Plc is in arbitration

Infosys gains 4%, nears record high amid report New! 2020-11-23 04:48:52The deal involves transferring of 500-600 Daimler employees to the information technology (IT) firm, the report said.

Rajan, Viral Acharya rip apart RBI over bank New! 2020-11-23 04:48:25The duo said banks in India are rarely allowed to fail, which helps them garner huge deposits. If banks are owned by industrial houses, it can lead to

Auto ancillary stocks rally; Amara Raja, MRF, Balkrishna New! 2020-11-23 04:04:23MRF hit a fresh 52-week high of Rs 81,000, up 2.4 per cent on the BSE, thus gaining 26 per cent in the past month.

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Philippines Coronavirus Deaths 2020-11-20 00:32:00Philippines recorded 7957 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines repo

Philippines Coronavirus Cases 2020-11-20 00:32:00Philippines recorded 412097 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines rep

Philippines Coronavirus Recovered 2020-11-19 21:24:00Philippines recorded 374939 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines

Philippines Current Account to GDP 2020-11-19 18:00:00Philippines recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Philippines

Philippines Consumer Confidence 2020-11-19 18:00:00Consumer Confidence in Philippines decreased to -54.50 points in the third quarter of 2020 from 1.26 points in the first quarter of 2020. Consumer Con

Philippines Producer Prices Change 2020-11-19 18:00:00Producer Prices in Philippines decreased 3.90 percent in September of 2020 over the same month in the previous year. Producer Prices Change in Philipp

Philippines Fiscal Expenditure 2020-11-19 18:00:00Fiscal Expenditure in Philippines decreased to 350940 PHP Million in September from 353629 PHP Million in May of 2020. Fiscal Expenditure in Philippin

Philippines Producer Prices 2020-11-19 18:00:00Producer Prices in Philippines remained unchanged at 129.60 points in September from 129.60 points in August of 2020. Producer Prices in Philippines a

Philippines Core Inflation Rate 2020-11-19 18:00:00Core consumer prices in Philippines increased 3 percent in October of 2020 over the same month in the previous year. Core Inflation Rate in Philippine

Philippines GDP From Agriculture 2020-11-19 18:00:00GDP From Agriculture in Philippines decreased to 416402 PHP Million in the second quarter of 2020 from 439734 PHP Million in the first quarter of 2020

Philippines Capacity Utilization 2020-11-19 18:00:00Capacity Utilization in Philippines increased to 67.56 percent in September from 65.29 percent in August of 2020. Capacity Utilization in Philippines

Philippines Average Precipitation 2020-11-19 18:00:00Precipitation in Philippines increased to 244.42 mm in December from 162.83 mm in November of 2015. Precipitation in Philippines averaged 204.70 mm fr

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