LOCAL EQUITIES fell on Wednesday as investors chose to pocket profits ahead of trade talks between the United States and China, as well as the upcoming decision of the US Federal Reserve.
THE PESO strengthened further against the dollar on Wednesday as investors continued to price in expectations of a dovish US Federal Reserve as its latest policy review concludes.
ANOTHER BLAST rocked southern Philippines in the early morning of Jan. 30, this time at a mosque in Zamboanga City in mainland Mindanao, killing two people and wounding at least four others.
PROSECUTORS of the Office of the Ombudsman have filed a motion asking the Sandiganbayan to execute its decision that former senator Ramon B. Revilla, Jr. should “jointly” pay P124.5 million with co-accused Richard A. Cambe and Janet Lim-Napoles, in connection with their plunder case.
THE National Economic and Development Authority (NEDA) on Wednesday said its report on the sexual harassment complaint filed against one of its officials has been transmitted to President Rodrigo R. Duterte for his action.
NATIONAL DEMOCRATIC Front of the Philippines (NDFP) peace talks consultant Felix Randy P. Malayao, Jr. was shot dead inside a bus at the CCQ Bus Terminal in Aritao, Nueva Vizcaya early morning on Jan. 30.
A SUPPOSED warehouse inside the Global Aseana Business Park in San Simon, Pampanga was raided last Friday and confirmed to be a clandestine factory for fake and toxic insecticides, the Bureau of Customs (BoC) reported on Thursday.
A JOBS fair for at least 3,000 affected workers of Hanjin Heavy Industries and Construction Corp. Philippines (HHIC-Phil), which has declared a debt default, will be held on Feb. 9 at the Subic Gymnasium.
SOME DOWNSTREAM parts of Cebu City’s rivers are already considered dead, while several are already too polluted to sustain a healthy ecosystem, according to the Cebu City Environment and Natural Resources Office (CCENRO).
A “NO backpack” policy in all places of worship has been ordered in Davao City to help security forces monitor more easily potential terror threats following Sunday’s bombing of a Catholic church in Jolo, Sulu.
CLASSES FOR all levels, both public and private schools, in nine villages in Tagum City remained suspended as of Wednesday due to floods following rains over the weekend.
ARMED MEMBERS of the communist movement, including 29 from the New People’s Army (NPA) and 14 from its allied Militia ng Bayan, surrendered this month, according to the military’s Eastern Mindanao Command (EastMinCom).
The United Nations Development Program (UNDP) contends that unsustainable patterns of energy production and consumption pose a threat to human health and quality of...
The Department of Energy (DoE) has set a grand plan back in 2017, named the Philippine Energy Plan 2017-2040 (PEP), aimed towards preparing the...
Despite slower economic expansion in 2018, the Philippine real estate industry remained resilient as a result of strong demand in its major segments, especially...
Owing to the country’s continued economic growth, powered by growing consumption and ongoing infrastructure development, the Philippines is on the fast track towards prominence...
THE CENTRAL BANK will be “prudent” in setting monetary policy this year, with an official hinting that a pause in rate hikes could be in the cards now that inflation has been dropping.
THE SENATE Ways and Means committee aims to report for plenary action by Feb. 6 the bill further increasing excise taxes on tobacco products before Congress takes its Feb. 7-May 19 break.
THE BUREAU of Internal Revenue (BIR) -- which contributes about three-fourths of total government tax revenues -- grew collections by a tenth last year from 2017, although it fell short of its target by four percent, according to data released at a hearing on Tuesday of the House of Representatives Ways and Means committee.
MANILA ELECTRIC CO. (Meralco), the country’s biggest power distributor, has named Ray C. Espinosa as its incoming president and chief executive officer (CEO) when Oscar S. Reyes retires in May.
ALMOST two years after his passing, Mauro “Malang” Santos remain a formidable figure in Philippine art and the broader Asian scene. His works continue to be featured regularly in local and international auction houses with bond paper-sized works on paper fetching anywhere between P200,000 to P500,000 and small works on canvas being sold upwards of P1 million.
GOOD news for those who missed it the first time it came to Manila in 2012 and for those who wish to see it — and its famous chandelier — again, The Phantom of the Opera is back in town.
CELEBRITIES, thanks to their clout among their fans, make good endorsers. But beyond influencing us to buy and consume more T-shirts and face creams, four Filipino stars are now the ambassadors of far more important things, our arts and culture, with the goal of bringing them closer and making them more relevant to more people.
ANA HOLDINGS, Inc. (ANA HD), parent of Japan’s biggest airline All Nippon Airways, on Tuesday said it is acquiring a minority stake in the operator of Philippine Airlines (PAL) for $95 million (around P5 billion).
wp booster error:
td_api_base::mark_used_on_page : a component with the ID: td_180x135 is not set.
PARIS — A mural by British street artist Banksy on a fire-exit door at Paris’ Bataclan theater, where Islamist militants killed 90 people three years ago, has been stolen, the venue said on Saturday.
MEGAWORLD CORP. is allocating P65 billion for capital expenditures (CAPEX) this year, as the property developer continues expanding its residential, office, and mall projects across the country.
MOSCOW — Russian police said on Monday they had arrested a man caught on camera taking a painting off the wall of a major Moscow art gallery and strolling out with it under his arm.
GLOBE TELECOM, Inc. said on Tuesday there has been a data breach on its system for the “On The List” program, affecting some 8,851 customers.
AMSTERDAM — At 130 years old, one of Vincent van Gogh’s famous paintings of sunflowers in a vase has become too delicate to keep touring the world and will have to stay at home in Amsterdam.
ABOITIZ POWER Corp. (AboitizPower) is looking to raise up to P16.8 billion from the issuance of fixed-rate retail bonds within the second half of 2019.
BERLIN — The pictures — three anemic watercolors showing a mountain scene, a river and a distant figure sat beneath a tree — are little different from wares on sale at flea markets the world over, except for the autograph scratched in the corner: “A.Hitler.”
REAL ESTATE consultancy JLL Philippines said China’s contributions to the Philippine real estate market are critical, noting how the presence of Philippine Offshore Gaming Operators (POGOs) offset the slowdown of business process outsourcing (BPO) companies’ expansion in 2018.
ROBINSONS BANK Corp. is eyeing to go public within the next four years as part of its plan to scale up its operations to become a universal bank.
MALAYSIAN financial giant CIMB Bank formally launched its banking operations in the Philippines on Tuesday, more than a year after it received the central bank’s nod to set up shop here.
LISTED FIRM Transpacific Broadband Group International, Inc. (TBGI) is planning to incorporate a subsidiary that will serve as a common tower provider, amid the government’s push for independent companies to build telecommunications infrastructure.
ANG APOLOGIA NI SOKRATES brings to stage the classic text in European Philosophy, written by Plato and translated from the original Greek by Roque J. Ferriols, SJ. Ateneo Philosophy teacher Jovi Miroy directs, while Aliw Awardee Ron Capinding essays the role of Socrates.
Here’s a quick glance at how PSEi stocks fared on Tuesday, January 29, 2019.
THE Department of Labor and Employment (DoLE) said it will be studying a possible subsidy for the more than 3,000 workers of Hanjin Heavy Industries and Construction Corp. Philippines (HHIC-Phil) but will need funding assistance from Malacañang.
EUROPEAN businesses consider the economic integration of the Association of Southeast Asian Nations (ASEAN) to be well behind schedule due to the reluctance of individual members to liberalize their markets.
THE Department of Trade and Industry (DTI) said it issued guidelines on the granting of certificates of preference to bidders participating in government procurement projects, which will allow the government to select certified bidders with higher offers than foreign suppliers.
THE House committee on appropriations on Tuesday agreed to the motion of Leyte 3rd district Rep. Vicente S.E. Veloso to issue a show-cause order to Secretary Benjamin E. Diokno of the Department of Budget and Management (DBM), allowing him to explain why he should not be cited in contempt for failing to appear in the hearings on alleged anomalies in the proposed 2019 budget.
NATIONAL government debt rose by nearly a tenth in 2018 driven by increased borrowings and a weaker peso, with the Asian Infrastructure Investment Bank (AIIB) projecting financing costs to rise in the year ahead.
GROWTH in the Philippines is expected to pick up this year with a rebound in consumption, analysts at Standard Chartered (StanChart) Bank said, noting that infrastructure spending will be the main “swing” factor.