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Mega Global putting up P1-B R&D, manufacturing hub in Batangas

Mega Global Corp., the producer of one of the country’s top sardines brands, is looking to open its first manufacturing plant in Luzon by next yRead More



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Dow retreats from 30,000-point record, Nasdaq at new New! 2020-11-25 17:33:33NEW YORK – One day after crossing the 30,000-point mark for the first time ever, the Dow retreated at the close of trading Wednesday, though the

10-month budget gap swells to P940.6B New! 2020-11-25 16:20:42The budget deficit widened to P940.6 billion as of October, more than half of the expected full-year gap, as revenues continued to drop year-on-year d

PAL eyes US court protection from creditors amid New! 2020-11-25 16:20:23Philippine Airlines (PAL) is considering the filing of bankruptcy court protection in the United States as it seeks time to restructure debts and ensu

Gov’t dominates local bond market New! 2020-11-25 16:18:57Government securities boosted the Philippines’ bond market amid the prolonged pandemic as the Bureau of the Treasury raised more debt to finance

PH aims for sustainable fishing with $220-M loan New! 2020-11-25 16:16:14The World Bank will extend a $220-million loan to the Philippines next year to enhance the country’s marine resource management by controlling t

DOF: Annual fund to combat climate change underutilized New! 2020-11-25 16:14:26Despite a replenishable P1-billion People’s Survival Fund for climate adaptation projects, only less than a third of the financing made availabl

PSEi closes down 1.5%, settles at slightly above New! 2020-11-25 16:12:47The local stock barometer pulled back to the 7,000 level on Wednesday as investors trimmed their exposure to key stocks that have hit overbought level

Going digital New! 2020-11-25 16:10:49My book on family businesses is now an e-book! Ruel de Vera, Inquirer Books head, says: “I am proud to present the second product of our Inquire

Revenue collections defy pandemic, exceed targets in Central New! 2020-11-25 06:04:27OLONGAPO CITY—Despite the ongoing COVID-19 pandemic, revenue collection by the Bureau of Internal Revenue (BIR) in Central Luzon surpassed its t

Globe Business paves way for Braver Leadership at New! 2020-11-25 04:23:52Globe Business, the enterprise arm of Globe Telecom, gathered over 850 guests including thought leaders, business executives, media, and industry part

BOI calls for more manufacturing companies to repurpose 2020-11-25 03:00:11Manufacturing continues to be one of the most significant industries in the country, with its multiplier effect on high-value employment, income, and

110 years for the Filipino: Lessons of hope, 2020-11-24 20:00:00Eleven decades and one would think, you’ve seen them all. But each of these periods is unique unto themselves; they are different from each othe

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Philippines global financial inclusion ranking slips further New! 2020-11-25 11:00:00The global financial inclusion ranking of the Philippines slipped further this year despite improvements spurred by the government’s need to pro

Alsons to raise P6 billion via notes issue New! 2020-11-25 11:00:00Alcantara-led Alsons Consolidated Resources Inc. is raising P6 billion through the issuance of corporate notes to refinance debts and fund investments

ING gears up for increased competition in digital New! 2020-11-25 11:00:00Dutch financial giant ING Bank is gearing up for increased competition in the digital space as the Bangko Sentral ng Pilipinas is finalizing the frame

Smart targets parity with international operators New! 2020-11-25 11:00:00Smart Communications Inc., the wireless arm of telco giant PLDT Inc., plans to be at par with international operators over the next two years.

Some things to look forward to New! 2020-11-25 11:00:00With just a little more than a month before yearend, commuters in Metro Manila had been looking forward to the completion of the whole Skyway stretchi

SM Prime set to open SM Mindpro New! 2020-11-25 11:00:00SM Prime Holdings Inc., the listed property developer of the Sy Group, is expanding its mall footprint as part of efforts to support the economy amid

Lessons from Lance New! 2020-11-25 11:00:00When the late tycoon John Gokongwei Jr. decided to launch in 1996 a no-frills budget airline to enable more Filipinos to travel, he asked his only son

MacroAsia, Chinese partner make progress in Sangley airport New! 2020-11-25 11:00:00Lucio Tan’s MacroAsia Corp. and its Chinese partner have taken a major step forward in finally completing their post qualification requirements

A dose of hope New! 2020-11-25 11:00:00As pharmaceutical companies report good results on their COVID-19 vaccines, it is imperative that the Philippines not be left behind in gaining access

Benguet swings to profit New! 2020-11-25 11:00:00Listed miner Benguet Corp. posted a net income of P82.8 million in the first nine months of the year on the back of higher revenues and better global

Lopez receives Management Man of the Year award 2020-11-24 11:00:00First Philippine Holdings chair and CEO Federico Lopez received last Monday, Nov. 23 the “MAP Management Man of the Year” award in a virtu

HMO profit jumps over 3-fold in H1 2020-11-24 11:00:00The net profit of the country’s health maintenance organizations jumped three-fold from January to June as more Filipinos recognized the importa

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PAL to implement financial restructuring to stop losses New! 2020-11-25 07:10:13Philippine Airlines said Wednesday it is set to implement another financial restructuring to protect the flag carrier from further bleeding amid the C

Budget deficit surged 170% to P940.6b in 1st 10 New! 2020-11-25 07:05:12The government’s budget deficit increased 24.6 percent in October to P61.4 billion from the P49.3-billion shortfall a year ago, on double-digit

SM Prime set to open mall in Zamboanga, New! 2020-11-25 07:00:11SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia and owned by the Sy family, said Wednesday it will open on

Two private companies begin preparations for cold storage, New! 2020-11-25 06:55:10Two companies on Wednesday disclosed their preparations for cold storage and transportation of COVID-19 vaccines following the successful trial of sev

Senator cites big disparity between HTPs, cigarettes New! 2020-11-25 06:50:09Senate President Vicente Sotto III said Monday the Food and Drug Administration should consider the huge difference between combustible cigarettes and

BSP denies spending millions on new logo New! 2020-11-25 06:45:08The Bangko Sentral ng Pilipinas denied on Wednesday reports it spent millions of pesos for the replacement of its logo.

IEMOP set to reduce open access threshold New! 2020-11-25 06:40:07The Independent Electricity Market Operator of the Philippines said Wednesday it started preparations for the lowering of threshold of retail competit

Metrobank sweeps 2020 Asset Awards New! 2020-11-25 06:35:06Metropolitan Bank and Trust Co. once again received accolades for its excellence in its financial markets business, this time from the The Asset, a we

Market drops; AC Energy, URC lead losers New! 2020-11-25 06:30:05Stocks retreated Wednesday on another bout of profit taking and lingering worries about the impact of a spike in coronavirus infections around the wor

Dow hits 30,000 as Biden begins White House New! 2020-11-25 06:25:04The Dow soared above 30,000 points for the first time Tuesday as Wall Street powered to fresh records, fueled by ebbing US political uncertainty that

BOI confident of recording P1-t investments this year 2020-11-24 07:10:08The Board of Investments said Tuesday it is optimistic about achieving its target of P1 trillion in approved investments this year as pledges already

Diokno: Bangko Sentral readies policy on digital banks 2020-11-24 07:00:07Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Tuesday said the regulator will soon come up with a policy on the establishment of digital ban

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Some banks extending long-term loans below bond market New! 2020-11-25 08:42:22It's time the RBI allowed the rupee to appreciate, says an SBI Research report

NSE warned Future Retail of action over disclosures New! 2020-11-25 08:21:15Future Retail - one of country's top retailers - has been locked in a bitter dispute with Amazon over its $3.4 billion retail assets deal with Relian

Staggered timings, free inter-state movement part of new New! 2020-11-25 07:45:33Guidelines effective between Dec 1 till month end. States told to strictly enforce containment measures, regulate crowds, exercise caution

Kerala, West Bengal opt for Centre's special GST New! 2020-11-25 07:39:23That leaves only Punjab, Jharkhand and Chhattisgarh, which are yet to agree to the Centre's proposal

Cyclone Nivar LIVE updates: Chennai Airport shuts down New! 2020-11-25 07:38:00Cyclone Live tracker: Cyclone Nivar will bring winds between 120 and 130 km per hour, with gusts of up to 145 km per hour. Stay tuned for Cyclone Niva

Govt to infuse Rs 2,000 cr in NIIF New! 2020-11-25 07:00:04Union Cabinet approves Rs 6,000-cr fund over two years; this year's allocation to come if there is demand

Coronavirus LIVE: Local restrictions only in containment zones, New! 2020-11-25 06:46:10Coronavirus update: At 1,789,800, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 876,425, Andhra Pradesh 863,843, Tami

Indian equities seen lagging other EM peers in New! 2020-11-25 06:44:54UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations

IBBI proposes mechanism to allow withdrawal from voluntary New! 2020-11-25 06:21:14The process to rescind would be the same as was followed to initiate it - approval by a special resolution, passed by members or partners

Sensex tanks 997 pts from day's high, breaches New! 2020-11-25 06:02:22All that happened in the markets today

World Coronavirus Dispatch: What a Covid memorial might New! 2020-11-25 05:32:04Germany's ban on New Year fireworks sparks anger, Toronto shuts everything but schools, infection risk from using cash is low and other pandemic-rela

Govt approves LVB merger with DBS, say will New! 2020-11-25 05:16:59The Reserve Bank of India (RBI) took control of LVB on November 15 due to a 'serious deterioration' in its finances and temporarily capped withdrawa

Trading Economics

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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