THE general increase in prices of widely used goods may have slowed further in more than three years due to lower fuel, rice, and power prices in August, the central bank said on Friday.
PRESIDENT Rodrigo R. Duterte last week signed into law the regulatory framework for Islamic banks in the Philippines.
PRESIDENT Rodrigo R. Duterte and Chinese President Xi Jinping on Thursday witnessed the signing of six bilateral agreements between the Philippines and China, including a $219-million loan for the Philippine National Railways (PNR) South Long Haul Project.
CHINESE President Xi Jinping on Thursday refused to recognize the 2016 arbitral ruling that voided China’s claims to more than 80% of the South China Sea even as his “old friend” Philippine President Rodrigo R. Duterte insisted that the decision was “final, binding and not subject to appeal.”
PHILHEALTH President Ricardo Morales admits that nationwide implementation of the Universal Health Care (UHC) Law will take a few years to take effect, citing funding and capability issues.
FORMER Senator Antonio F. Trillanes IV denies kidnapping a woman back in 2016 which is alleged to have been part of efforts in bringing down the Duterte administration. Mr. Trillanes said that this is the administration’s way of putting down critics.
MALACANANG on Friday said former inmates who were convicted of heinous crimes and subsequently released for good conduct should be sent back to jail.
Bill filed removing non-teaching responsibilities from teachers, opening School Health and Safety Offices
A LAWMAKER has filed a bill which removes non-teaching responsibilities from the shoulders of teachers and faculty members in state-run schools. Among this non-administrative work is manning the school clinic and the guidance office, and the like.
PRESIDENT Rodrigo R. Duterte has issued an executive order directing all national government agencies to revert all accounts payable which “remain outstanding for at least two years and for which no actual claim has been filed” to the national coffers.
FASTER state spending, slower inflation and robust overseas remittances are seen to boost economic growth this semester, according to the latest joint assessment by the First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P).
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FLOUR MILLERS are seeking for a five-year extension of the anti-dumping duty on Turkish flour due to expire in 2020.
THE PHILIPPINE Rice Research Institute (PhilRice) is targeting the distribution of rice seeds starting October in preparation for the dry season next year.
DoubleDragon Properties Corp. on Friday said its diversified portfolio will help shield the company from adverse effects of the crackdown on the offshore gaming industry.
CENTURY Properties Group, Inc. (CPG) is seeking approval from its shareholders to convert three billion common shares into preferred shares with a par value of 53 centavos each, for future fundraising activities.
A BILL seeking to renew the franchise of ABS-CBN Corp. for another 25 years has been re-filed at the Senate.
BANK of the Philippine Islands (BPI) will issue its first two-year, 100-million Swiss franc-denominated, negative-yielding green bond, proceeds of which will be used to fund environmental projects through its Green Finance Framework.
THE PESO ended stronger on Friday ahead of the first tranche of the planned tariffs by the United States on some Chinese-made goods on Sept. 1.
THE main index bounced back to end the month at the 7,900 level, riding on the positive sentiment in Wall Street after China said it will not immediately retaliate against the United States’ tariff increase this Sunday.
Pushkart.ph's Joshua Aragon shares his insights on the work culture, key practices, and ecosystem building strategies that have made Alibaba the global leader it is today.
Investagrams' JC Bisnar shares his insights on the work culture, key practices, and ecosystem building strategies that have made Alibaba the global leader it is today.
Torre Lorenzo Development Corporation offers premium residences for students The Philippines has always been regarded as one of Asia’s top intellectual centers, attracting students from...
Students, particularly children of overseas Filipino workers and affluent households and those from foreign countries, are proving to be an attractive market for residential...
The college years are a very important chapter that completes one’s academic journey. It is a time when students are being prepared for the...
A CIRCULAR of the Department of Energy (DoE) that gives retail electricity users a choice of suppliers has taken effect, prodding the retail competition and open access (RCOA) scheme forward.
THE SENATE Finance committee on Thursday grilled state economic officials on low disbursement and revenue leakages as the chamber began hearing the proposed P4.1-trillion national budget for 2020.
THE PHILIPPINES is moving to expand the reach of its products, setting its sights on Africa, South Asia, Central Asia and Eastern Europe, the Department of Trade and Industry said in a statement on Thursday.
HOLLYWOOD’S biggest filmmakers have struck a deal to make watching movies at home more like they intended — even as they fight to keep the cinemas relevant.
MARTIN SCORSESE’s highly anticipated new mob drama The Irishman may turn into a case of “catch it if you can” as far as traditional moviegoers are concerned.
GOLDEN Arches Development Corp. (GADC) sees sales improving by 5-7% as it continues to modernize existing stores, with more customers getting used to self-order kiosks and cashless payments.
YOUTUBE said it will launch a separate website for children after the Google-owned service was criticized and investigated for showing inappropriate videos to kids on its main site.
STA. LUCIA Land, Inc. (SLI) is looking to raise up to P8.40 billion from a follow-on offering within the year to finance its capital expenditures.
SHANNON MCGREW admits she’s had it a little easier than other women establishing her chops as an online film critic.
ABS-CBN Corp. is now starting the nationwide rollout of the mobile version of TVplus boxes.
IN A COUNTRY where cash still remains king, majority of Filipinos are starting to embrace cashless payments, Visa, Inc. said in a report.
FINALLY Quentin Tarantino’s mildly racist, markedly misogynistic, mostly masturbatory Once Upon a Time in Hollywood has hit Filipino screens and if all indications prove correct it will be a major hit. Maybe not as big a hit as Marvel’s Avengers: Endgame (which I didn’t like much either) but I do love the way folks have spun the popularity of Tarantino’s wankfest: as one of the rare non-sequel non-franchise pictures to open to good box office.
THE Philippine Stock Exchange, Inc. (PSE) plans to buy back P532.01 million worth of common shares from broker shareholders until September, in a bid to reduce its broker ownership to less than 20%.
KUMAMOTO, Japan — A Bank of Japan (BoJ) board member warned of potential dangers if the central bank’s already massive stimulus is ramped up, a view suggesting there is no consensus on how quickly it should ease policy again to head off the risk of recession.
THE Department of Labor and Employment (DoLE) said it inspected 34,000 establishments during the first half, ahead of the pace to meet its 2019 inspection target of 55,000.
5 films to see on the week of August 30 — September 5, 2019
EARNINGS of Philippines AirAsia, Inc. surged in the second quarter as the budget carrier ferried more passengers and increased inflight, duty-free and baggage revenues.
TREASURY Secretary Steven Mnuchin said issuing ultra-long US bonds is “under very serious consideration” in the Trump administration, possibly setting up a move that would mark a historic revamp of the $16-trillion Treasuries market.
TECH START-UP Salarium said it launched the latest edition of its software that will ease the payroll preparation process, this time targeting larger companies.
SOLAIRE Resort and Casino presents MaestroRy, a special, one-night only tribute concert to National Artist for Music Ryan Cayabyab, on Aug. 31, 8 p.m., at The Theatre at Solaire.
PRESIDENT Rodrigo R. Duterte has signed into law a measure granting Magnum Air, Inc., the operator of SkyJet Airlines, a franchise to operate domestic and international flights.
RURAL BANKERS Association of the Philippines (RBAP) has partnered with solutions provider TransUnion Philippines for credit information sharing, which is expected to boost financial inclusion among Filipinos and strengthen the banking sector.