THE best-of-seven Philippine Basketball Association Governors’ Cup finals series is now tied at one game apiece after the Meralco Bolts exacted payback on the Barangay Ginebra San Miguel Kings, 104-102, in Game Two on Friday at the Quezon Convention Center in Lucena City.
LATEST government data showed imports declining for the eighth straight month in November while exports were flat, the Philippine Statistics Authority (PSA) reported on Friday.
FOREIGN direct investments (FDI) inflows rebounded in October, reversing seven months of decline, according to data from the Bangko Sentral ng Pilipinas (BSP) released late Friday.
THE Bureau of Customs (BoC) fell short of its target revenue collections for 2019 by nearly five percent, amid lower import volume and a stronger peso against the US dollar, its top officials reported on Friday.
THE Quezon City Regional Trial Court Branch 223 has issued a 20-day temporary restraining order (TRO) against the implementation of a policy that limits the number of motorcycle taxis in Metro Manila to 30,000 and 9,000 in Cebu.
THE country’s three major airlines — Cebu Pacific, Philippine Airlines, and Philippines AirAsia — have committed to help the government in the repatriation of Filipinos working and living in the countries in the Middle East that are affected by the Iran-United States conflict.
THE House of Representatives will prioritize the passage of bills creating three departments when Congress reconvenes on Jan. 20, said House Speaker Alan Peter S. Cayetano.
THE Palace on Friday warned the US government to keep from meddling with the Philippines’ justice system, adding that American lawmakers passing of a resolution barring certain Filipino officials involved in Senator Leila M. De Lima’s detention from entering the USA and freezing their assets is a form of “bullying.”
THE Department of Justice (DoJ) issued an order directing the National Bureau of Investigation (NBI) to look into the death of three people who were found charred inside a burning car in Quezon Province. One of the bodies is believed to be that of former Batangas 2nd District Representative Edgar Mendoza.
THE Commission on Elections (Comelec) will resume voter registration later this month, ahead of the 2022 Presidential and National polls.
QUEZON CITY Mayor Maria Josefina G. Belmonte announced on Friday that she will be issuing an executive order to ensure that meat being sold by supermarkets in her city are free from African Swine Fever (ASF).
FORMER senator and defeated vice-presidential candidate, Ferdinand R. Marcos, Jr. said on Friday that he will run in the 2022 national elections.
THE HOUSE Committee on Ways and Means “sees no need” to suspend the fuel excise taxes under the Tax Reform for Acceleration and Inclusion (TRAIN) Law despite the ongoing tensions between the United States and Iran, according to its chairman.
NINE MONTHS into implementation of Rice Tariffication Law, tariff collections stood at P12.3 billion as of December last year, breaching the P10-billion target that will be allotted for agriculture development programs, according to the Department of Finance (DoF).
FITCH SOLUTIONS Macro Research flagged the Maximum Drug Retail Price (MDRP) scheme that aims to impose price controls on commonly-used drugs as a possible risk that will hinder pharmaceutical innovations in the future.
FILINVEST Development Corp. (FDC) is planning to raise up to P15 billion through the issuance of fixed-rate retail bonds.
CENTURY Properties Group, Inc. (CPG) is targeting to more than double its commercial leasing portfolio this year.
ABOITIZ Equity Ventures, Inc. (AEV) was able to raise $400 million from its maiden dollar-denominated bond offering, it told the stock exchange Friday.
LENDERS did not tap the central bank’s rediscount facility for the second consecutive month in December, with an analyst saying banks likely have enough liquidity due to the reserve requirement reductions implemented in 2019.
THE PESO moved sideways on Friday as the market was on wait-and-see mode a week before the anticipated signing of the phase one deal between the world’s two biggest economies.
THE main index ended lower at the close of the week as investors decided to hold off in anticipation of the signing of the trade pact between United States and China next week.
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The country’s trade-in-goods deficit narrowed in November as both imports and exports declined, the Philippine Statistics Authority reported this morning. Payments of import goods amounted...
AFTER a projected slowdown in 2019, the Philippine economy is expected to grow faster this year due to strong government spending, but may still...
AFTER a projected slowdown in 2019, the Philippine economy is expected to grow faster this year due to strong government spending, but may still fail to meet the official target amid domestic and external headwinds.
WASHINGTON -- The World Bank on Wednesday trimmed its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and investment despite cooler trade tensions between the United States and China.
THE Philippine government is eyeing more Japan-funded infrastructure projects this year, as the two countries eased the approval process of loan agreements in a bid to fast-track the implementation of infrastructure projects under the administration’s “Build, Build, Build” program.
THE Philippines has enough monetary and fiscal policy space to deal with the economic challenges it faces, central bank Governor Benjamin E. Diokno said in his first speech of the year.
LONDON — Joker, a dark origins story about the comic book villain, led nominations for the British Academy of Film and Television Arts (BAFTA) awards on Tuesday, but Britain’s top movie honors drew criticism over the lack of diversity in the acting categories.
AFTER ALMOST a decade of serving food from the all over the region via cable TV, the Asian Food Channel has now shifted to a “digital-first approach” in order to support its three million-strong online community, hence the need to change its name to Asian Food Network (AFN), according to a channel executive.
THE Securities and Exchange Commission (SEC) said criminal charges had been filed against Kapa-Community Ministry International (KAPA) and its officers for the illegal sale of securities.
MOVIE TICKET sales are expected to fall again in 2020 without the full force of the Avengers to save them.
By Jenina P. Ibañez THE Securities and Exchange Commission (SEC) is warning the public against investing in a rewards program called Inochi/Inochi Rewards, which it...
THE 1980s show band Music & Magic is celebrating its 40th year with a one-night concert on Jan. 14 at the Newport Performing Arts Theater in Resorts World Manila, Pasay City.
SM Prime Holdings, Inc. has applied for the shelf registration of P100-billion debt securities with the Securities and Exchange Commission (SEC).
PHILIPPINE SAVINGS Bank (PSBank) is looking to raise P3 billion via peso-denominated fixed-rate bonds to diversify its funding sources.
LOS ANGELES — The 2020 Oscars ceremony in February will again have no host, the head of ABC Television Entertainment said on Wednesday.
THE Maritime Industry Authority (MARINA) is ordering shipping companies with Philippine-flagged ships to prepare to assist in the repatriation of Filipino workers from the Middle East if the need arises.
JOLLIBEE Foods Corp. (JFC) is looking at tapping the dollar bond market for the issuance of senior perpetual securities, the proceeds of which it will be used to partly pay for its acquisition of Coffee Bean & Tea Leaf (CBTL).
THAILAND’S CENTRAL BANK will take further steps to ease restrictions on capital outflows in coming months as it tries to curb gains in the baht, Governor Veerathai Santiprabhob said.
CANADIAN pop superstar Justin Bieber revealed on Wednesday that he had been battling Lyme disease and a serious case of mononucleosis but said he was overcoming his health issues.
OUSTED Nissan boss Carlos Ghosn says he fled to Lebanon last week to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial.
PXP ENERGY Corp. said on Thursday that the drillship for an exploration well in Peru had reached the area for a late January schedule to spud, the listed company told the stock exchange on Thursday.
CHINA’S CONSUMER inflation steadied in December while factory price declines moderated, leaving room for monetary easing to cement a recent stabilization in economic growth.
AFTER THE ANGER that burned through much of 2018 I found films released in 2019 a bit muted — strange considering how much faster, louder, more urgent events in the world have become, from climate-related disasters to the recent escalation in tensions between Trump and, well, everyone else.
A JAPANESE language school whose stock soared almost 12-fold last year is planning to expand into new businesses as its chief executive officer tries to keep the rally alive.
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