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Gov’t allows Spanish beef to enter PH

Spanish beef will now be available for Filipinos to enjoy after the Department of Agriculture allowed its importation after three years of negotiationRead More

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PSEi shoots past 6,200, highest since March New! 2020-06-03 17:22:43The local stock barometer surged to the 6,200 mark on Wednesday, hitting its highest level since the number of new coronavirus disease (COVID-19) case

Aboitiz group moves to help stimulate economic activity New! 2020-06-03 17:20:40The Aboitiz group has vowed to sustain the economic “lifeline” extended to customers and partners in its eco-system even if the government

Disciplining with dignity New! 2020-06-03 17:16:13Staying home, physical distancing, washing hands—the pandemic has spawned many rules. Math reveals why these are needed to minimize infection ra

Airlines seek clarity in LGU, gov’t rules New! 2020-06-03 17:14:57Philippine carriers are set to meet with key national and local government officials on Friday to iron out confusing regulations that greeted them aft

PayMaya tapped to distribute aid to vulnerable New! 2020-06-03 17:12:26The Department of Social Welfare and Development (DSWD) has tapped digital payments company PayMaya to distribute financial aid to beneficiaries of th

Ayala acquiring Australian renewable energy firm New! 2020-06-03 17:10:16An affiliate of AC Energy Inc. has acquired a 12.8-percent stake in Australian renewables firm Infigen Energy Ltd. through a deal worth about P3.12 bi

‘Unparalleled decline’ in energy investment seen New! 2020-06-03 17:02:59Annual global energy investments are primed for an “unparalleled decline” of 20 percent, or by $400 billion, in 2020 due to the coronaviru

BSP’s liquidity cushion for PH against pandemic tops 2020-06-03 05:06:27The central bank’s efforts to cushion the impact of the COVID-19 pandemic on the Philippine economy have led to a massive liquidity infusion int

Smart launches new LTE-Advanced Pocket WiFi Plans starting 2020-06-03 04:23:32Mobile services provider Smart Communications, Inc. has launched its new LTE-Advanced Pocket WiFi Plans under Smart Bro to make it simpler f

Brands weigh in on protests over police brutality 2020-06-03 03:58:26As protesters take to the streets in response to police killings of black people, companies are wading into the national conversation. The post Brands

Digital courses to help businesses thrive during crisis 2020-06-03 03:54:08In the year 2020, the world changed. That is how our future selves will start our stories about all that happened in 2020. Education and training howe

S. Korea proposes largest-ever extra budget to battle 2020-06-03 00:41:24SEJONG — South Korea on Wednesday proposed another extra budget plan worth 35.3 trillion won ($29 billion) that will help key industries cushion

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Higher duties pushed for imported vehicles 2020-06-03 12:00:00Automotive parts makers have renewed their call to government to support local parts manufacturing by implementing safeguard measures on vehicle impor

PCAB launches online portal for contractor license renewal 2020-06-03 12:00:00The Philippine Contractors Accreditation Board has launched an online portal and relaxed documentary requirements for the renewal of licenses amid the

Insular Life sets P500 million digital budget 2020-06-03 12:00:00Insular Life Assurance Co. Ltd. is eyeing to invest over P500 million to accelerate the digitization of its business amid an increasing demand for hea

Government tightens requirements for meat imports 2020-06-03 12:00:00The government will impose additional requirements for meat importers amid an oversupply in the local inventory, particularly chicken.

Weighing in on recovery approaches 2020-06-03 12:00:00Putting money where it will best work has never been more important than now, when the country kick-starts the economy back to health.

OFWs coming home 2020-06-03 12:00:00Whenever I'm in an airport abroad looking for my departure gate back to Manila, I only have to find the one where there's a lot of chaos and plenty

Together, we will win as one 2020-06-03 12:00:00Last Monday, we had a successful meeting with the Philippine Medical Association, led by its president, Dr. Jose Santiago.

AC Energy buys into Infigen 2020-06-03 12:00:00AC Energy Inc. is eyeing to take over a listed Australian clean energy developer for about P27 billion to deepen its foothold in Australia as well as

Awash with cash, banks swarm TDF auction 2020-06-03 12:00:00Philippine banks are still awash with cash, continuing to swarm the liquidity absorption facility of the Bangko Sentral ng Pilipinas while waiting for

Inbound tourism revenue falls 61 % to P81 2020-06-03 12:00:00The estimated reverse inbound tourism further plunged 60.56 percent to P81.05 billion in the five months to May due to travel restrictions amid the co

Unsung heroes 2020-06-02 12:00:00There is a lot of bad going on in the world today.

Cebu Landmasters expects to resume site operations 2020-06-02 12:00:00Cebu Landmasters Inc., the listed property developer in Visayas and Mindanao, expects to resume 100 percent site operations and hopes to match its 201

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Ayala Group ups energy investments in Australia 2020-06-03 10:20:09AC Energy Inc., through affiliate UAC Energy Holdings Pty Ltd (UAC Energy), has directly and indirectly acquired a 12.82-percent stake in Infigen Ener

Business groups seek liberalization of wood processing 2020-06-03 10:10:08Business and advocacy groups are pushing for the approval of an administrative order from the Department of Environment and Natural Resources to liber

Colliers sees mall vacancy increasing to 12% in 2020-06-03 10:00:07Colliers International Philippines, a real estate consultancy company, expects mall vacancy to rise to 12 percent in 2020 from 9.8 percent in 2019 on

Diokno: Digital technology is key in post-virus era 2020-06-03 09:50:06Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the government must invest significantly in the development of infrastructure for informatio

Phoenix optimistic, more resilient despite COVID-19 crisis 2020-06-03 09:40:05Phoenix Petroleum Philippines said it is more resilient than other oil companies despite the challenges posed by the global COVID-19 pandemic.

Stock market jumps; ABS-CBN declines 2020-06-03 09:30:04The Philippine Stock Exchange Index jumped 3.7 percent Wednesday to close at 6,245.65, on recovery hopes amid easing restrictions both here and abroad

Pilmico offers shuttle services to employees 2020-06-03 09:20:03Pilmico Foods Corp., the food and integrated agribusiness unit of the Aboitiz Group, offered free shuttle services to transport workers who are essent

Metrobank warns public vs fraudsters 2020-06-03 09:10:02Fraudsters will stay may it be in a pandemic or in a new normal.

Monitor drug prices, consumer body urges 2020-06-03 09:00:01Consumer protection advocacy group Laban Konsyumer on Wednesday called for a strict monitoring of the maximum drug retail price.

Tokyo's Nikkei hits three-month high on US rallies 2020-06-03 03:30:00Tokyo's benchmark Nikkei index hit a three-month high on Wednesday as investors took heart from a strong showing on Wall Street and steady gains on C

Gov’t debt surged P869b in 4 months 2020-06-02 10:00:08The government’s outstanding debt jumped by P869 billion or 11.2 percent since the start of the year to reach P8.6 trillion as of end-April, the

IATF lists health protocols for dine-in restaurants 2020-06-02 09:50:07The Inter-Agency Task Force against Emerging Infectious Diseases approved the health protocols for dine-in operations of restaurants.

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Covid-19 crisis: MFs invest Rs 1,230 cr in 2020-05-31 09:32:50In the entire month of March, MFs made an investment of over Rs 30,000 crore on attractive valuations as many stocks hit their 52-weeks lows

Coronavirus LIVE: Maharashtra government extends lockdown till June 2020-05-31 09:03:24Covid 19 tracker: States that have seen sharpest single-day spike in total cases are Delhi (1,105), Tamil Nadu (874), Karnataka (248), Haryana (217),

Coronavirus impact: Toyota Kirloskar Motors sales dip 86% 2020-05-31 07:48:04There has been a significant surge in customer orders and enquiries online, through digital platforms, company official says

Anger over police killings shatters landscapes in dozens 2020-05-31 07:05:25People set fire to police cars, threw bottles at police officers and busted windows of storefronts, carrying away TVs and other items even as some pro

CBDT notifies income tax returns forms for 2019-20: 2020-05-31 06:00:56The dept has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by

Indian economy on course for full-year contraction: DBS 2020-05-31 04:58:06The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown

RIL on track to attain zero net debt 2020-05-31 04:28:52Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay

Modi indicates restricting imports of goods that can 2020-05-31 03:40:24Modi said a national migrant commission could soon be set up

World coronavirus dispatch: No of deaths in Latin 2020-05-31 03:08:19Overburdened Mexico struggling to cope while Japan manages the pandemic by controlling small outbreaks

Important to be even more vigilant now, says 2020-05-31 02:54:44There is no class of people who did not suffer due to this outbreak, but poor, labourers hit hardest, says PM

China came little farther this time, will resolve 2020-05-30 23:46:00Indian and Chinese troops used to come face to face on the LAC many times but this time the situation is different, said the defence minister in a TV

Trump to postpone G7 meeting; seeks India, Russia's 2020-05-30 21:18:38The leaders of the world's major economies were slated to meet in the US this year

Trading Economics

Philippines GDP Growth Rate 2020-05-07 01:12:00The Gross Domestic Product (GDP) in Philippines contracted 5.10 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Phi

Philippines GDP Annual Growth Rate 2020-05-07 00:19:00The Gross Domestic Product (GDP) in Philippines contracted 0.20 percent in the first quarter of 2020 over the same quarter of the previous year. GDP A

Philippines Coronavirus Deaths 2020-05-06 21:22:00Philippines recorded 658 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines repor

Philippines Coronavirus Recovered 2020-05-06 21:22:00Philippines recorded 1506 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines r

Philippines Coronavirus Cases 2020-05-06 21:21:00Philippines recorded 10004 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines repo

Philippines up to One Day Interbank Rate 2020-05-06 02:06:00Philippines up to One Day Interbank Rate increased to 2.44 percent on Wednesday May 6 from 2.08 percent in the previous day. Interbank Rate in Philipp

Philippines Imports 2020-05-06 01:59:00Imports in Philippines decreased to 6911070 USD Thousand in March from 7056867.71 USD Thousand in February of 2020. Imports in Philippines averaged 21

Philippines Balance of Trade 2020-05-06 00:02:00Philippines recorded a trade deficit of 2380460 USD Thousand in March of 2020. Balance of Trade in Philippines averaged -425017.26 USD Thousand from 1

Philippines Exports 2020-05-05 23:28:00Exports in Philippines decreased to 4530620 USD Thousand in March from 5400684.03 USD Thousand in February of 2020. Exports in Philippines averaged 16

Philippines Manufacturing Production 2020-05-05 11:23:00Industrial Production in Philippines decreased 11.30 percent in March of 2020 over the same month in the previous year. Industrial Production in Phili

Philippines Food Inflation 2020-05-05 11:16:00Cost 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 - Credit Rating 2020-05-05 06:15:00Standard & Poor's credit rating for Philippines stands at BBB+ with stable outlook. Moody's credit rating for Philippines was last set at Baa2 w

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U.S. finalizes order allowing 15 passenger air carriers New! 2020-06-04 00:50:53The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt service to 75 U.S. airports becaus

South Korea seeks arrest of Samsung heir in New! 2020-06-04 00:45:05South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a cont

HSBC, StanChart shares rise in Hong Kong after New! 2020-06-04 00:40:16Hong Kong-listed shares of HSBC and Standard Chartered rose on Thursday after the banks backed China's imposition of a national security law on the c

U.S. new weekly jobless claims seen falling below New! 2020-06-04 00:10:15The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains asto

Shell plastics plant Trump touted faces oversupply risks: New! 2020-06-04 00:08:51A massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price outlook

Amid pandemic, investors bet on India's Jio and New! 2020-06-03 23:58:12From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the w

Asian shares hit two-month high as economic optimism New! 2020-06-03 23:05:11Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the g

From wagyu beef to melons, Japan's $2.2 trillion New! 2020-06-03 23:03:14As the coronavirus jolts Japan, the government's huge stimulus package has come under fire from hard-hit restaurant owners for channelling funds for

LVMH's Arnault mulls ways to renegotiate deal with New! 2020-06-03 22:14:35LVMH CEO Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant's $16.2 billion acquisition of U.S. jewelry chain

Oil prices fall on concerns supply to rise New! 2020-06-03 22:12:10Oil prices fell on Thursday, reversing gains in the previous session, on concerns that supply will rise if major producers are unable to agree to exte

Snapchat removes Trump account from curated promotional section New! 2020-06-03 22:01:54Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his incendiary comments last w

Amazon is sued over warehouses after New York New! 2020-06-03 21:45:30Amazon.com Inc has been sued for allegedly fostering the spread of the coronavirus by mandating unsafe working conditions, causing at least one employ

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