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Saturday - Jan 16, 2021

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Philippines’ dollar reserves hit new record

Private sector pushes for urgent passage of CREATE

Gov’t secures $13.3B for pandemic response from foreign sources

Banking & Finance

Central bank fully awards one-month bills

BSP to prioritize financial stability as pandemic continues

Banks told to submit reports on accounts covered by AMLC freeze order

Peso inches higher on record GIR level

M3 growth eases on slow lending

BSP advances to gov’t to cease when economy recovers

Economy

Meralco seeks ERC approval to refund P13.89 billion in over-recoveries

DTI looking to include SMEs in gov’t vaccination program

MSME digital shift hampered by poor internet, distrust of fintech

ILO calls attention to ‘invisible’ problems of home-based workforce

Independent commission sought to evaluate quality of education

CAAP says Camiguin, Tuguegarao last 2 airports closed to commercial flights

Corporate

MPIC gets $130M loan from Japan bank

Megawide ready to move on from NAIA rehabilitation project

MerryMart wholesale operations to begin by April

PhilRatings gives A plus rating to Alsons’ commercial papers

PLDT Enterprise partners with AF Payments

Manila Water inks deal with San Jose water district

B-Side Podcasts

[B-SIDE Podcast] The sports industry: down but not out

[B-SIDE Podcast] Bang for your buck: how businesses can change the world a...

[B-SIDE Podcast] Shipping news: Lessons from UPS

[B-SIDE Podcast] Curbing the ‘plastic pandemic’ with eco-friendly packaging

[B-SIDE Podcast] Weathering the storm: how to protect the farming sector from typhoons

OFW remittance growth slows in Nov.

Coronavirus slams PHL vehicle sales in 2020

PEZA investments drop 19% as pandemic drags on

Top Stories

Lockdown is last resort amid new COVID-19 variant — NEDA

Policy rates to remain low — Diokno

Traffic congestion in Manila is 4th worst in the world despite lockdown

PHL sees no jobs boost from free trade deals

‘Remarkable’ rebound seen this year

LATEST NEWS

The Nation

30,000 vaccinators needed to handle 24 million Filipinos – Duque

SC pushes anti-terrorism law oral arguments to Feb. as Calida’s staff gets COVID-19

Pass pending economic bills instead of Cha-Cha urges DTI Chief

2,048 more COVID-19 cases reported as PHL faces post-holiday surge

Gov’t includes UAE, Hungary in PH travel ban

DOLE beefs up campaign vs firms violating health protocols; hotline for workers’ complaint launched

FDA warns vs. purchase, use of AiDeLai face masks

Spotlight

Chevron finishes strong in 2020 with 30 new Caltex stations, new products and promotions

Stock Market

Stocks drop on negative US data, stimulus concerns

Agribusiness

Senate bill firms up agriculture lending requirements for banks

Palay farmgate price rises 1.1% in late December

World food price index rises for seventh month in Dec.

Palm oil prices set for volatile year

Labor & Management

PHL joining forum on migrant workers sponsored by UAE

Changing the attitude of problem employees

Half of women put off by macho language in job adverts

Company leaders should embrace ‘infinite mindset’ and share their struggles — motivational speaker

Special Features

Lexus LM 350 gives a new space for comfort and luxury

Local space venture gears up for first rocket launch

Enabling a clean and sustainable future

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Rising startup SquidPay licensed as an e-money issuer by the BSP

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Best reasons to use Lark for your start-up business

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Property

‘Vertical village’ to rise in Davao

Residential developers maintain positive outlook for 2021

DMCI restores UP chapel

Federal Land starts work on Quantum Residences

Changi reinvents itself for return of business travel

Finland reopens diplomatic mission to the Philippines

Technology

Apple plans upgraded MacBook Pros with return of magnetic charging

Samsung launches new flagship Galaxy S smartphone early

‘Walkable chair’ makes standing on the job an easier prospect

IBM leads in quantum computing, Ford in driverless car patents

Social media firms put ‘profit above principle’ on fake news, Singapore minister says

Bespoke fridges are Samsung’s next bet to win millennial market

Velocity

Lexus LM 350 gives a new space for comfort and luxury

Moving in place

Toyota Balloon Payment Plus makes car ownership easy

Miss Universe PHL 2020 drives home new MG ZS Alpha SUV

Up to P600K off on a new Mercedes-Benz this January

Audi RS 3 Sedan now here

INFOGRAPHICS

Full-year 2020 and December 2020 car sales

Fewer Filipinos got married in 2019

Metro Manila among cities with the worst traffic congestion

Which economies have the highest working poverty rates?

Arts & Leisure

With move to Viva, singer Mark Carpio to provide movie theme songs

Bridgerton offers clever relationship advice — why friendship is the foundation of happy romantic partnerships

Entertainment News (01/15/21)

Adding pleasure to life

I gut you

Cold weather favorite

Sports

PSC case against payroll cheats goes to regional trial court

It’s a six-way battle for PBA best player of the conference award

Houston Rockets trade star guard James Harden to Brooklyn Nets in four-team deal

Adiwang featured at ONE Championship’s first offering this year

Nets handle Knicks, with short roster following Harden trade

21-assets deal

RECOMMENDED FOR YOU

Corporate

Cirtek receives PRS A grade from PhilRatings

Corporate

Vires, AG&P step up plans for LNG vessel, says DoE

Corporate

Fruitas sets aside up to P270 million for 2021 capex

Banking & Finance

RCBC receives fresh summons for Bangladesh Bank heist case

‘Remarkable’ rebound seen this year

Corporate

Cirtek targets 20% increase in production of electronic parts

VIDEOS

BusinessWorld One-on-One: Philippine Business Outlook 2021

UP NEXT

BusinessWorld Virtual Economic Forum with Satish Shankar

BusinessWorld Virtual Economic Forum with Jean-Antoine Zinsou

BusinessWorld Virtual Economic Forum with Khor Chern Chuen

BusinessWorld Virtual Economic Forum with Dorjee Sun