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Pork production losses due to ASF to reach 1.1 million metric tons

The Philippines could lose 1.1 million metric tons in pork production this year due to the overall impact of the African swine fever, the head of the Read More



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BIR shuts down first tax-evading Pogo firm 2020-02-21 16:06:08The Bureau of Internal Revenue (BIR) on Friday shuttered licensed Philippine offshore gaming operators (Pogo) Synchronization Anywhere For You Inc. as

Water supply remains below normal for March 2020-02-21 16:05:26The allocation of raw water from Angat dam for domestic use in Metro Manila, Cavite and Rizal is expected to be maintained at a sub-normal level of 42

PSEi ends week up 1.2%, but still below 2020-02-21 16:04:03The local stock barometer closed the week below 7,400 on renewed jitters over the coronavirus contagion (COVID-19) across the region. The main-share P

Ayala Land earmarks P25B for stock buyback plan 2020-02-21 16:03:46Property giant Ayala Land Inc. (ALI) has strengthened its market arsenal with P25 billion in new budget for a stock buyback program. This is the large

Firms moving out of China seen going to 2020-02-21 16:02:49The Asean region, including the Philippines, stands to benefit from China-based firms eyeing to temporarily relocate their operations amid the COVID-1

No ‘red alerts’ expected in summer months, says 2020-02-21 16:01:16There are “only potential yellow alerts” in May and no red alerts in the summer months, thanks to measures that include the interruptible

Eco-friendly industrial communities 2020-02-21 16:00:32In the past, industrial towns destroyed the environments. Factories were infamous for discarding their liquid wastes into rivers. Trees turned brown a

Ortigas Center: The heart of the ‘new revolution’ 2020-02-21 15:55:17Who would have thought that behind the various shopping malls and modern buildings, lies an important piece of Philippine history? A wasteland in the

How to turn your home into a modern 2020-02-21 15:50:38When it comes to design and architecture, the Japanese are considered masters of the trade. Showcasing an aesthetic that is modern yet respectful to n

The peak seasons of Furano 2020-02-21 15:45:20Furano, a resort town conveniently located in the middle of Hokkaido, is known for its two peak tourist seasons. In winter, the 470 acres of ski terra

On donating properties 2020-02-21 15:40:48(First of two parts) I’ve always said to my men friends, ‘[I]f you really care for me, darling, you will give me territory,’”

S&P 500 spins lower in choppy trading as 2020-02-20 17:27:43NEW YORK  — U.S. stocks spun lower in a dizzying day of trading Thursday as worries about the viral outbreak that started in China knocked

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Basic Energy withdraws from various geothermal, gas service 2020-02-21 11:00:00Listed Basic Energy Corp. has given up on several geothermal and gas service contracts amid challenges in each project.

PSA to improve Serbilis outlets in Pasig City, 2020-02-21 11:00:00The Philippine Statistics Authority is in talks with the Pasig City government for improvements to be made in the agency’s Serbilis outlets in t

RCBC income jumps 25% to P5.4 billion in 2020-02-21 11:00:00Yuchengco-led Rizal Commercial Banking Corp. said it expects to sustain a double-digit profit growth this year amid external headwinds including the U

SMC says all debts to PSALM fully paid 2020-02-21 11:00:00San Miguel Corp. said it has no unpaid debts with the Power Sector Assets and Liabilities Management.

Approved CITIRA addresses concerns of stakeholders – DOF 2020-02-21 11:00:00The Corporate Income Tax and Incentives Reform Act version approved recently by the Senate ways and means committee addressed many concerns of stakeho

Infradev gets Makati OK to proceed with subway 2020-02-21 11:00:00Philippine Infradev Holdings Inc. (formerly IRC Properties) has received the official notice to proceed from the Makati City government for its planne

2020 national budget requirements subject to documentation 2020-02-21 11:00:00he Department of Budget and Management has assured that adjustments made in the P4.1-trillion 2020 General Appropriations Act will be subject to prop

ALI plans P10 billion retail bond offer 2020-02-21 11:00:00Ayala Land Inc. plans to raise up to P10 billion in retail bonds.

ARTA flexes its muscle 2020-02-21 11:00:00The Philippines ranked 95 in the World Bank’s Ease of Doing Business 2020 report which measures government regulations that enhance business act

The thumbtack and the Coke 2020-02-21 11:00:00An old story talks about two physicians who boarded a flight out of the San Francisco airport.

Dito’s telco launch moved to March 2021 2020-02-20 11:00:00Consumers hoping for a “better” telecommunications service from new major player Dito Telecommunity will have to wait for another year.

DOT spearheads month-long mall sale nationwide 2020-02-20 11:00:00The Department of Tourism is spearheading a month-long nationwide mall sale in March, dubbed as the first Philippine Shopping Festival, aimed at encou

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DOH 7 to vaccinate 18K Mandaue children against 2020-02-19 10:47:00HE Department of Health (DOH) 7 aims to vaccinate 18,000 children under five years old in Mandaue City against poliomyelitis, a viral disease that inv

Medical student held for attack on woman he 2020-02-19 05:17:00A MEDICAL student from Nigeria who has earned a reputation of getting too frisky when drunk was arrested after an attempted rape of another student.Th

Charred human remains found in Gestopa’s house 2020-02-19 04:02:00A NEIGHBOR of the Gestopas in Barangay Centro, Mandaue City found a scorched body that could be the remains of John Jeric Gestopa Suson, a 21-year-old

SK chief, ex-tanod nabbed for drugs 2020-02-18 22:27:00THE chairperson of the Sangguniang Kabataan (SK) in Barangay Lawaan III in Talisay City was arrested together with her father, a former chief tanod, i

Attend pre-departure seminars, OFWs urged 2020-02-18 12:03:00THE Department of Labor and Employment (Dole)-Central Visayas urged overseas Filipinos workers (OFWs) working in Hong Kong and Macau to attend pre-dep

Talisay ‘habal-habal’ drivers get permits 2020-02-17 10:22:00HABAL-HABAL drivers in the rural areas of Talisay City will be subject to random inspections of their license and motorcycle registration.This, after

Relocation of residents eyed for Butuanon 2020-02-17 09:14:00COMPANIES that release their wastewater to the Butuanon River and nearby homes not fitted with toilets are among the reasons the waterway is polluted

Retired judge, wife killed in dawn fire 2020-02-16 19:01:00A FIRE that broke out on Zamora St. in Barangay Centro, Mandaue City early Monday morning, Feb. 17, 2020, claimed the lives of an elderly couple.The v

Quarantined passengers sent home after complaints 2020-02-13 11:41:00GOV. Gwendolyn Garcia said the Mactan-Cebu International Airport Authority already made travel arrangements for quarantined passengers from Mindanao t

Labella plans to buy more bulletproof vests 2020-02-13 11:27:00THE death of P/MSgt. Maximino Macua during a drug bust has pprompted Cebu City Mayor Edgardo Labella to consider buying additional bulletproof vests f

Cebu City mayor bans pork from Mindanao 2020-02-13 11:18:00CEBU City Mayor Edgardo Labella has signed Executive Order 44, series of 2020, banning the entry of live hogs, pork products and byproducts from Minda

Love in the time of Corona 2020-02-13 10:27:00BE CAREFUL who you go out with on Valentine’s Day.Beyond the normal qualifications of a good date comes a new criteria for dating, this time, fr

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DOF: ‘Sin’ tax collections reached P269.1b last 2020-02-21 12:20:11The Finance Department on Friday said tax collections from “sin products,” redefined recently to include sweetened beverages, have raised

Ayala Land decides to hike share buyback plan 2020-02-21 12:10:10Major property Ayala Land Inc. has boosted its share buyback program by P25 billion to boost shareholder value.

BIR closes delinquent POGO firm 2020-02-21 12:00:09The Bureau of Internal Revenue on Friday closed an offshore gaming operation licensee for failure to pay the 5-percent franchise tax due on gross gami

Aboitiz Power set to install rooftop solar power 2020-02-21 11:50:08Lyceum of the Philippines University-Davao (LPU-Davao), an affiliate of Lyceum of the Philippines University, will soon be powered by solar under the

Energy allows Uy to review proposed natural gas 2020-02-21 11:40:07The Energy Department allowed Tanglawan Philippine LNG Inc., controlled by Phoenix Petroleum Philippines, to “re-evaluate” its proposed li

Market declines on profit taking 2020-02-21 11:30:06Stocks fell Friday on profit taking as a spike in new virus cases outside China spooked Asian markets after Wall Street pulled back from record highs

Sale of 51% of company assets needs 2/3 2020-02-21 11:20:05The Securities and Exchange Commission wants companies planning to dispose of at least 51 percent of their assets to obtain two-thirds approval from t

Basic Energy quits geothermal service contract in Mabini 2020-02-21 11:10:04Basic Energy Corp. submitted on Friday a notice to the Energy Department to withdraw from Mabini geothermal service contract no. 8.

Air Asia PH offering more discounted fares 2020-02-21 11:00:03Air Asia Philippines Inc. has offered discounted airfares to its domestic flights in a bid to entice more local tourists to travel amid the novel coro

Cusi assures stable power supply ahead 2020-02-21 10:50:02The Energy Department and other energy stakeholders on Friday assured the public of concerted efforts to ensure the stable supply of power throughout

S&P reduces ’20 growth forecast on virus threat 2020-02-19 07:50:11Debt watcher S&P Global Ratings on Wednesday reduced its 2020 growth forecast for the Philippines to 6.1 percent from the previous estimate of 6.2

SMC open to new design of MRT-7 in 2020-02-19 07:45:10San Miguel Corp. said Wednesday it is open to a revision of the design of the Metro Rail Transit Line 7  station in  Quezon Memorial Circle

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Trump will raise issue of religious freedom with New! 2020-02-22 10:13:27'President Trump will talk about our shared tradition of democracy and religious freedom both in his public remarks and then certainly in private,'

China delaying permission to India for sending plane New! 2020-02-22 10:11:30Official sources said Japan, Ukraine and France have been allowed to operate flights between February 16 and 20 but India's request has not been appr

Nationalism, slogan of 'Bharat Mata Ki Jai' being New! 2020-02-22 09:25:37Singh also extensively quoted Nehru, saying he had asked, "Who is this Bharat Mata?, whose victory you wish?"

UP's claim of unearthing 5 times India's gold New! 2020-02-22 09:11:41According to M Sridhar, director general at GSI, 52,806.25 tonne of gold ore was found in Sonbhadra district in Uttar Pradesh during exploration work

Efforts of banks under PCA framework being monitored: New! 2020-02-22 08:17:40Currently, Indian Overseas Bank (IOB), Central Bank of India, UCO Bank and United Bank of India are under this framework

Road at Shaheen Bagh opened by group of New! 2020-02-22 07:44:06Restrictions have been imposed on the Kaindi Kunj-Shaheen Bagh stretch and the Okhla underpass

India needs to shift fully from pro-crony to New! 2020-02-22 06:04:55The problem with cronyism is that it is not better business models and processes which drive the growth, he said

Kejriwal, Sisodia may not accompany Melania Trump during New! 2020-02-22 03:47:35Kejriwal and Sisodia were also to brief the US First Lady about the "happiness curriculum" introduced by the AAP government

'Vivad se Vishwas': Cases in arbitration abroad eligible, New! 2020-02-22 03:08:49The income tax department said appeals and writs filed on or before January 31 this year will be allowed to be taken up under the scheme

West Bengal: Trinamool Congress to take a leaf New! 2020-02-22 01:41:30Learning from AAP's Delhi campaign against BJP, Banerjee-led Trinamool to launch one on March 2

Trump to visit Taj Mahal with family, Modi New! 2020-02-22 00:48:15After attending an event at Ahmedabad, the Trumps will travel to Agra on Monday afternoon to visit the Taj Mahal before arriving at the national capit

Make in India push has made trade talks New! 2020-02-21 22:44:59Apart from growing protectionism, the Trump visit comes against the backdrop of India's multibillion-dollar purchase of a Russian missile shield syst

Trading Economics

Philippines up to One Day Interbank Rate 2020-02-18 01:06:00Philippines up to One Day Interbank Rate increased to 3.66 percent on Tuesday February 18 from 3.47 percent in the previous trading day. Interbank Rat

Philippines Remittances 2020-02-16 23:11:00Remittances in Philippines increased to 2902000 USD Thousand in December from 2372398.50 USD Thousand in November of 2019. Remittances in Philippines

Philippines - Credit Rating 2020-02-15 19:00:00Standard & Poor's credit rating for Philippines stands at BBB+ with stable outlook. Moody's credit rating for Philippines was last set at Baa2 w

Philippines Personal Income Tax Rate 2020-02-13 10:56:00The Personal Income Tax Rate in Philippines stands at 35 percent. Personal Income Tax Rate in Philippines averaged 32.38 percent from 2004 until 2019,

Philippines Sales Tax Rate - VAT 2020-02-13 06:54:00The Sales Tax Rate in Philippines stands at 12 percent. Sales Tax Rate in Philippines averaged 11.87 percent from 2006 until 2020, reaching an all tim

Philippines Corporate Tax Rate 2020-02-12 11:18:00The Corporate Tax Rate in Philippines stands at 30 percent. Corporate Tax Rate in Philippines averaged 31.63 percent from 1997 until 2020, reaching an

Philippines Exports 2020-02-11 05:12:00Exports in Philippines increased to 5742289.74 USD Thousand in December from 5596481.56 USD Thousand in November of 2019. Exports in Philippines avera

Philippines Imports 2020-02-11 05:12:00Imports in Philippines decreased to 8219979.76 USD Thousand in December from 8938342.63 USD Thousand in November of 2019. Imports in Philippines avera

Philippines Balance of Trade 2020-02-11 03:17:00Philippines recorded a trade deficit of 2477690.01 USD Thousand in December of 2019. Balance of Trade in Philippines averaged -411922.68 USD Thousand

Philippines Foreign Direct Investment 2020-02-10 05:16:00Foreign Direct Investment in Philippines increased by 623 USD Million in November of 2019. Foreign Direct Investment in Philippines averaged 373.53 US

Philippines Overnight Lending Facility Rate 2020-02-08 05:19:00Lending Rate in Philippines decreased to 4.25 percent in February from 4.50 percent in January of 2020. Lending Rate in Philippines averaged 10.02 per

Philippines Interbank Loans 2020-02-08 05:17:00Loans To Banks in Philippines decreased to 225908.23 PHP Million in December from 253435.09 PHP Million in November of 2019. Loans To Banks in Philipp

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Qatar Airways not interested in investing in Air 2020-02-21 09:09:02Qatar Airways said on Friday it was not interested in investing in struggling Italian carrier Air Italy, but would do all it could as minority shareho

Deere's unexpected rise in quarterly profits sends shares 2020-02-21 09:00:04Deere & Co on Friday reported an unexpected increase in first-quarter profit and retained its full-year earnings forecast as signs of stabilizati

Wall Street set to fall again as coronavirus 2020-02-21 08:58:44U.S. stock index futures edged lower on Friday as a spike in new coronavirus cases in China and elsewhere sent investors scrambling for safer assets s

Branson says new Virgin cruise line will overcome 2020-02-21 08:51:54British entrepreneur Richard Branson heralded his first cruise ship "Scarlet Lady" on Friday as targeting a younger generation of holidaymakers with

King Dollar rules as virus threatens global growth 2020-02-21 08:49:39A powerful surge in the dollar threatens to magnify the pain for companies and nations already struggling with the economic fallout of the coronavirus

Oil retreats in face of renewed coronavirus uncertainties 2020-02-21 08:29:19Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian data fuelled uncertainty about the economic outlook while leading crude

Tesla gets court approval to clear forest for 2020-02-21 08:23:09Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and bat

Tesla resumes tree cutting in Germany to build 2020-02-21 08:22:51Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by e

Global telcos join Alphabet, SoftBank's flying cellphone antenna 2020-02-21 08:17:39Alphabet and SoftBank's attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energizing lo

Yen regains footing as coronavirus spread knocks stocks 2020-02-21 08:06:19The Japanese yen regained its footing on Friday after a bruising week, as the spread of coronavirus cases knocked down stocks and boosted demand for t

Inside the Philip Morris campaign to 'normalize' a 2020-02-21 07:24:35At Germany's Bambi Awards for the media industry in November, celebrities posed for red-carpet photos against a backdrop of established luxury brands

Daimler warns of "significant adverse effects" of virus 2020-02-21 06:33:37German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in C


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